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Reply to "Study shows that 350k/year is barely scrapping by as middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] ucnskids.org is 2 days a week only. Again, ok for SAMHs, not suitable for working moms.[/quote] That's for the 2's class. For the 4 yo class, my friend has her 4 yo in the T-Th class ($565) and the M or T mixed year class ($190). So she pays $755 for the month for the 4 yo. Her 2 year old (about to turn 3) goes M-W-F for $505, about to go down to $485 for the month. I can assure you that my friend, a working mom does find it suitable.[/quote] Does your friend work on Tuesdays and Thursdays like the rest of us?[/quote] Not quite. As I said, she works 4 10 hour days a week (flex week schedule) and takes Tuesdays off. Her mother watches her son on Thursdays. Alternatively, she could have worked Thursdays and had her 2 year old son in the mixed age class with his brother for another $190. Then he would have been $695 per month for 4 days a week daycare.[/quote] So what is your point exactly? Yes, people who have flexible schedules can pay for less childcare. People who have grandparents who sometimes watch their kids for free can also pay less in childcare. [/quote] The point is that you don't have to pay $28K to have your child in daycare in this area like the one person up-thread suggested. The point is that the true middle class makes choices between compromises because it's what they can afford. Yes, maybe they can afford more than $10K a year. Maybe they'll make compromises and spend as much as $15-18K per year (up to $1500 per month), but they aren't spending $28K per year as the one person suggested. And the true middle class does not make $350 or even $250K per year.[/quote] Most people around here need childcare five days a week and Grandma isn't around to help. Not a choice.[/quote] You do not see it as a choice because your choices were among things you could afford. Families with significantly lower incomes cannot afford your choices so they figure something else out. We have a 350K HHI. We live in NWDC in a nice house (950K mortgage) and we are not MC, that article and people defending it on this thread are ridiculous. We spend too much on kids activities and theater tickets but we have a $900/month grocery budget, drive one car and save for college and retirement. When we take a big vacation we probably spend 1500/day all in but we don’t do it that often. We enjoy lots of things and appreciate what we have. We would like to save more but completely see that the fact we do not is the result of our choices. Sometimes we wish we had more but that doesn’t mean we are middle class. [/quote]
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