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Reply to "Daycare years: were you in the red?"
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[quote=Anonymous]No, but we cut way back on savings. Basically we had been saving $2Kish per month, and that all just went to daycare bills instead. As others have said, the expenses do decrease, but they remain throughout childhood. You will need to pay for activities, aftercare, babysitters, sports teams, what not. I did find that after age 3 we were able to start saving again, but the childcare expenses are still pretty high. So, in other words, make a budget that you can live with for the long term. Don't make a mistake of thinking you'll have a windfall in a couple of years. [/quote]
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