Reply to How does your family survive making under 200k hhi

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[quote=Anonymous][quote=Anonymous]The thing is though, that families in such lower income brackets use different kinds of childcare than those in higher income brackets. I have friends with the husband making 50k, the wife making 5k a year with her part time gigs. They have two kids and they just pay a neighbor $20/day when they need childcare and otherwise stagger their schedules so they don't need it often. It's not licensed childcare, I'm sure plenty of DCUMers would call this "subpar" but it's what a lot of people do, maybe even most people do. That, or they live near family. Honestly, it's a luxury that we're able to afford to live out here on our own and make enough to support ourselves, pay for back up care when our regular is out, etc. Many don't have that luxury and stay closer to home. Assuming that a family making less than half of what we make would consider the same childcare options we do is just not realistic, so we shouldn't really be taking about a family making $60k deciding whether they can afford $26k in childcare expenses every year - they wouldn't even be in the market for that kind of care. [/quote]

Right, but the changing childcare cost also continues up the income scale from where you are, not just down, which partially answers your original question. We pay about as much in childcare for one child as it sounds like you'll be paying for two. So if we have another, our childcare costs will be similar to my spouse's after tax income. It still makes economic sense sense for my spouse to work, both for the reasons other posters said and because we'd still send the kids to at least a part day pre-school if one of us didn't work, so our childcare costs would not be zero. But its true that 100% of my spouse's income will go to childcare costs.[/quote]

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