Reply to Poverty level is $140,000 for a family. Really.

Forum Index » Money and Finances

Reply to "Poverty level is $140,000 for a family. Really."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]High cost of housing, healthcare, and transportation folks.[/quote]

Child care was the biggest one. And the one most frequently ignored.[/quote]

Childcare is temporary.  The others are not.  People like to pretend they’re not becoming absurdly expensive but they absolutely are.[/quote]

It's not that temporary. You're not likely to be able to leave kids alone before/after school until age 10 or so. Before and after care is still quite expensive. People in these situations probably don't have cushy jobs that let them work from home or shift their hours.[/quote]

NP. It can be expensive, but it's not daycare expensive. He calculates the cost of childcare for two at $32,000 a year, which is more than you're paying for aftercare plus camps if you're focusing on keeping costs down.[/quote]

We're a two income work out of the home family with very little ability to work from home. Up until this year when one of our children is finally old enough to stay home alone/has outgrown a lot of camps, we paid:

$350/week for 9-10 weeks of summer camp per child: $7000
$700/month for 10 months of before and after care per child: $14000
Probably close to $750/child for school holiday camps (1 week of winter camp, 1 week of spring break, random other days off): $1500
So about $22,000. Which is still a lot.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics