Reply to How can anyone afford a nanny?

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Reply to "How can anyone afford a nanny?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]You aren’t missing anything. I don’t know any teachers with nannies precisely because a decent nanny for two kids costs about the same as the take-home pay of a teacher.

I would say you can’t afford a FT nanny. But you shouldn’t need one - if you are back in school FT, your elem kid will have somewhere to go part of the time. That will help. And a nanny share for elem kids could have four kids fairly easily since they don’t have nap schedules to coordinate and are pretty independent. That would keep costs down.

The hardest part will be: if every family needs a nanny in the fall, where are all the nannies going to come from?  Even if 2-4 families share a nanny, I worry about supply. [/quote]

40 million new unemployed.  I think there will be plenty of non-professional nannies available at competitive rates.  For a family that needs 2 elementary students supervised/exercised/fed 3 days a week, that's sufficient.[/quote]

A friend of mine did this. Instead of getting a "professional" nanny that goes for $20+/hr, they hired a person who was working retail for $12/hr, and paid them $14/hr. It was a bump up for them, and better working conditions too.[/quote]

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