Learn 4 Affordable Child Care Options You Might Not Know About

A Nanny Swap

Hiring a full-time nanny is a costly venture because you will most likely be paying a full-time income. According to Payscale.com, full-time nanny pay varies based on where you live in the country, but they can reach $45,000 per year, according to Payscale.com.

 

Consider a nanny share if your work schedule is flexible or if you live near family who can assist with child care. This means you’d be sharing your nanny with another family. This could imply that you hire them for 2.5 days each week, and another family hires them for the other days. I’ve also met families that hire a nanny in the morning and then another nanny in the afternoon. The advantage of this is that you get high-quality child care for half the price.

Use Your Gym Membership

My gym membership is one of the most cost-effective child-care options I have. Unfortunately, many people consider a gym membership an unnecessary expense that can be easily reduced to make more place in the budget. But, on the other hand, my gym membership is a truly vital part of it for me.

My family membership at my gym is $200 per month, so it’s definitely on the upper end. I chose them, though, since they had an excellent child care facility with activities, a jewelry-making station, and even a moon bounce. I take my kids there for 2.5 hours virtually every day. When I do the arithmetic, I only pay a buck or two an hour for child care. I earn more than that while sitting in the gym’s cafe and working utilizing their Wi-Fi and free coffee. The moral of the story is not to dismiss something because you believe it is out of your price range. Instead, examine the total cost per hour and how you intend to spend it.

Finally, child care does not have to be prohibitively expensive. You can surely find a method to acquire economical, high-quality child care for your child if you think outside the box, get creative, and seek help from others.