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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My husband and I are very early 30s; ~$300K HHI. We want kids but I have no idea how we are going to do it. I make more so can’t be a SAHM; my husband would not be a good SAHD. And even on that salary childcare will wipe us out.

This thread has been eye opening; thanks to all who posted. [/quote]

I’m a single parent by choice (so I had no option to stay home) with an income of ~$150k and two kids.  Absent any major debts, childcare shouldn’t be wiping you out?  Childcare for one kid for one year ranges from $20-70k depending on location and the form of care you choose but should definitely be manageable at $300k.[/quote]

Thank you (PP here) - maybe it is just the sticker shock of how expensive daycare is. Especially with more than one child. [/quote]

Yeah the sticker shock is real!  What I did was allocate $2000 in my monthly budget to “daycare” before I started trying for kids (that was roughly what infant care cost in my area) as a joint way of restructuring my budget to cover the big new expense and also increasing my savings prior to actually having to start to pay for daycare.  The one year where I had two in full time daycare I definitely had to pull a bit from savings (and I expect similar when I have two in college) but it’s absolutely manageable if you’re careful with your budget (and at $300k you shouldn’t need to be quite as careful).[/quote]

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