Anonymous wrote:No way are expenses for my teenager more than when we had a toddler and needed full-time care.
We paid north of $2K per month for childcare before he started school. So ballpark $24K per year
In elementary, aftercare was around $350/month. Summer camp was about $500 per week including transportation. So about $5K per year.
Now he does not need full-time care in the summer, we are probably spending the same on activities. Nowhere close to the money we were spending when we had daycare expenses.
I'm expecting costs to go up again when he hits college, but we've had some time to save for that.
Same for us. With an older elementary school child, I don’t even use after care anymore. He takes a music lesson and does a sport, and does some day camps for the summer. Total is probably $6000-$8000 a year and we don’t “need” those things. Full time daycare was $24,000 per year.