Reply to Why do children get MORE expensive as they get older?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Mine are older now and the majority of our money spent on them is the costs associated with travel sports teams. It's not really the cost of the team as much as the trips out of town and hotels and food and flights etc. With 3 kids it's non stop.

For us they were expensive when they were babies until kindergarten. Then there was a few years where we got a bit of a break cost wise. Now we have 2 teens and a 10 year old and they're much more expensive than the baby phase. [/quote]

I don't doubt 3 kids can add up but we are about to say good bye to our nanny as oldest heads for ft kindergarten.  Does it cost you more than 55k annually?  This year it cost about 45k for nanny and 11k for pt preshool (5 days for older and 1 day for younger).  Next year with summer camps and 1 ft preschool tuition and 2 aftercare for both kids we'll probably save 15k.  Once dc2 is in k we will save 22k.  We have then both in classes and some summer camps even with nanny.  This quarter I spent about 1000 for soccer, 2 lacrosse, ice skating, 2 swimming nd 3 gymnastic classes.  Summer camp cost about 1500 total for 4 weeks for  kid 1 and  a week for 2nd kid.

I looked at our work dental insurance and for $10 per pay period, it will cover up to 5k in orthodontia for each kid, so that should help some.  Although not looking forward to driving more I can't wait to see them get into their respective activities.  Dc is really starting to live gymnastics and ice skating.[/quote]

Most people, even with multiple kids, aren't spending nearly $5k/month on daycare in any given year -- you have a very expensive nanny.  OPs post was about her $1200/month daycare, and that will likely be a wash.  Your own numbers say that summer, camp, preschool, and 2 aftercare will be $15k, which works out to $800/kid/month -- add in a sport or lesson and you hit OP's daycare cost pretty quick.

So yes, if someone is really lavish in the infant years (all the gear and gadgets, breast feeding and formula feeding, nannies and night nurses), it will get cheaper. For most of us working stiffs with kids in plain old daycare, don't expect some bonanza of savings.[/quote]

You read that wrong. I said this coming school year we will probably save 15k.  Our nanny gets modest raises each year which differs from daycare.  We only pay her for 40 hrs a week. Most families in dc or near dc suburbs pay more than 45k a year for a nanny.  This includes social security and medicare and unemployment taxes.  I think my main point is we will be definitely saving money even as younger one goes to ft preschool which including aftercare is 22k. I very much doubt we will spend 50k plus annually ever again until college.[/quote]

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