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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op here - I also find it hard because I grew up in a large house (4000 sq ft) and have always had big family get togethers growing up. However living in a high cost of living area makes it to hard to have a large house.

Dh and I make $500,000 but we have a ton of student loans and have had 3 kids in daycare which cost an arm and a leg. [/quote]

So pay off your loans aggressively, then buy a bigger house. I don’t get why people with high incomes let the loans stick around. [/quote]

Op here - we are paying them off aggressively. We pay $3500 a month on student loans, $3500 a month on daycare, $3000 a month on mortgage. [/quote]

That’s an amazing price on daycare for 3 kids.[/quote]

Op - yes it’s for one full time daycare and 2 aftercare (doesn’t include summer camp obviously). [/quote]

Okay, so you actually have one kid in daycare and two kids in elementary school. Not sure why you would claim to have three in daycare (which clearly implies under 5).[/quote]

Op - apologies it is 1 full daycare plus 2 aftercare plus summer camps. Pretty much adds up to 3 full time daycare. [/quote]

Not even close! Again, my kids are the same age.
Full time daycare is $28k on the high end 
Arlington extended day morning and night + 10 weeks of Congo camp with the bus (one of the more expensive options) is $12k with some generous rounding.  Throw in winter break, spring break, and day off camps - let’s pick another camp on the expensive end - Silver Knights or Arena Stage, that adds another $1500 total. You’re still at $14k, half of daycare.

I don’t think math is your strength. Maybe spring for a financial advisor before you pursue the basement renovation. [/quote]

Op our full time daycare is $365 a week for one kid and $200  per kid for aftercare. Plus summer camps for each kid is around $400 per week x 2.

So $17,520 for full time daycare, $14,800 for aftercare for the school year and $8000 for summer camps. Total is $40,320 per year for childcare for 3 kids - 2 of whom are in elementary school. If we had 3 in daycare it would have been $52,560 - so yes it is $12,000 less expensive than having full time daycare.

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