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Money and Finances
Reply to "Childcare Costs More Than My Mortgage"
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[quote=Anonymous]This is was the case for us for 10 months. What you do is find an exit path. We enrolled our older child in a church based full-day preschool. Once he got a spot, we moved our younger child to an in-home daycare near the preschool. Because it was the 2nd child that make daycare exceed our mortgage and put us in a negative cash flow for 10 months (we did not change our retirement contributions), we saw it coming and saved in advance. We knew it was for a limited time but that preschools enrolled for the August/September start of the school year, but that we’d have an enrollment decision in March. If we didn’t get a spot, we had 5 months to find an alternative plan. [/quote]
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