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[quote=Anonymous][quote=Anonymous]Daycare is closed. They are offering options of full pay now with priority spot if they open for essential employees, 50% and no care but save spot for next year, or withdraw by date and no pay but no spot next year.  We have 1 year left.

As it is, childcare cost is breaking us financially and it’s going up next year.  My husband is currently taking a 30% paycut from his employer. I’m the prime breadwinner.  I’m awaiting my lay off or furlough in the next few weeks. Maybe I’ll get lucky and keep my job, but I think most probable is furlough from April - September.  If I lose my job, we will not be able to pay our mortgage.

5 months of childcare costs (w/no care) is over $10000 (or $5k at 50%) That’s a big chunk of our savings..

Would you take the gamble and withdraw? We love her daycare. She is so happy.  We have identified a much cheaper option for the fall, if we give up the spot. It’s not as great..

WWYD?

[/quote]

Can’t give up the spot.  She still has her friends and teachers she loves. The spots will not be there and you will be stuck for a longer period of time.  Furthermore, you are going to a subpar preschool it sounds like.  I wouldn’t do it.[/quote]

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