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Reply to "Leaving a Government job because of daycare expenses. "
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[quote=Anonymous][quote]If she's borrowing from savings, then she's LOSING money by paying the nanny/daycare. It makes sense for her to stay home. Especially with such young children. [/quote] Or it might not. See all these posts about long time SAHMs trying to return to the workforce having to start over from the beginning. You might be paying to work in the short term, but it's possible that the increase in earning potential and retirement savings might be worth it in the long term. YMMV, but at the end of the day, full time daycare expenses last for a short time relative to the length of most careers.[/quote]
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