Anonymous
Post 01/18/2019 14:28     Subject: Pull from savings for preschool?
Im too poor to fathom having a full time nanny while your kids are in school all day. Why not just have the nanny come the 2 days your youngest isnt in school?
Anonymous
Post 01/16/2019 22:43     Subject: Pull from savings for preschool?
We are about to have one kid in 5 day per week pre school another in 3 days per week and a full time nanny. The year after we will switch to extended day and get rid of the nanny. Until we do that we will dip into savings a bit. It’s short term and we’re not concerned.
Anonymous
Post 01/16/2019 22:25     Subject: Re:Pull from savings for preschool?
Anonymous wrote:
Anonymous wrote:At least in Bethesda, lots of families do what OP is doing -- pay a nanny but also paying for part-time preschool. It's a nice option if you can afford it.


Of course if you can afford it but not if you have to pull from savings to pay for it.

We used to have a FT nanny and had older child in preschool. Eventually put both kids in daycare. Now I stay home with the third child and older kids are in elementary. We are just going for convenience. The closest one also happens to be the most expensive and supposedly one of the best.


Disagree. We lived well beneath our means when we didn't have kids and built up our savings. And now we have 2 kids and it's worth it to our sanity and kid's happiness to have them with a nanny +part-time preschool. These are likely the highest expenditure years of our life (kids will go to public school), so it makes sense for us. It's called smoothing your consumption throughout your life cycle.
Anonymous
Post 01/16/2019 15:26     Subject: Pull from savings for preschool?
Anonymous wrote:OP- Can you give a good reason to not send youngest to full time daycare/preschool and drop the nanny???

As in, what is the purpose of part time???
Anonymous
Post 01/16/2019 15:25     Subject: Pull from savings for preschool?
OP- Can you give a good reason to not send youngest to full time daycare/preschool and drop the nanny???
Anonymous
Post 01/16/2019 14:17     Subject: Pull from savings for preschool?
Anonymous wrote:Either do a cheap preschool part time 3 AM a week for 4 year old and nanny. Or put youngest in day care and oldest in full time school.



This.
Anonymous
Post 01/16/2019 14:13     Subject: Re:Pull from savings for preschool?
Anonymous wrote:At least in Bethesda, lots of families do what OP is doing -- pay a nanny but also paying for part-time preschool. It's a nice option if you can afford it.


Of course if you can afford it but not if you have to pull from savings to pay for it.

We used to have a FT nanny and had older child in preschool. Eventually put both kids in daycare. Now I stay home with the third child and older kids are in elementary. We are just going for convenience. The closest one also happens to be the most expensive and supposedly one of the best.
Anonymous
Post 01/16/2019 09:15     Subject: Re:Pull from savings for preschool?
At least in Bethesda, lots of families do what OP is doing -- pay a nanny but also paying for part-time preschool. It's a nice option if you can afford it.
Anonymous
Post 01/15/2019 21:07     Subject: Pull from savings for preschool?
What is the point of part time preschool?
Anonymous
Post 01/15/2019 21:06     Subject: Re:Pull from savings for preschool?
Upper NW church preschools are more than that. For 3 mornings a week (9 hours a week) they are about 9,000 from sept-May. Then camp is also only a few weeks and that is roughly $350/week for 5 mornings.

It’s a very short amount of time, you will quickly earn that money back once you don’t have ft nanny and multiple tuitions
Anonymous
Post 01/15/2019 21:03     Subject: Pull from savings for preschool?
Anonymous wrote:Right now I have a 4 yo and a 1 yo.

4 yo is in a private preschool and will be for one more year.

1 yo will join the 4 yo in preschool next year, but only 3 days a week.

I'll need to keep our nanny probably until the 1 yo goes full time to preschool, which means that for a period of time, I'll have 2 kids in private school and a full-time nanny.

I can't afford this month to month, but we have hundreds of thousands in savings and taking 15K out per year wouldn't hurt us.

It feels silly to take money from savings for a preschool, but on the flip side, I'm thinking it'll only be for a couple years.

Is this stupid?


Yes I’d keep nanny and put both in preschool. In fact we are doing this now. Just have the nanny do some cooking etc during childless hours.
Anonymous
Post 01/15/2019 21:01     Subject: Pull from savings for preschool?
I wouldn't bother with preschool for a 2 year old
Anonymous
Post 01/15/2019 20:59     Subject: Re:Pull from savings for preschool?
Anonymous wrote:AM church preschool costs like $300-$400 a month for Sept-May. So like $3k a year. Just do a cheaper school. At that age you don't need fancy preschool.


This. Our church preschool was fantastic.
Anonymous
Post 01/15/2019 20:33     Subject: Re:Pull from savings for preschool?
AM church preschool costs like $300-$400 a month for Sept-May. So like $3k a year. Just do a cheaper school. At that age you don't need fancy preschool.
Anonymous
Post 01/15/2019 20:31     Subject: Re:Pull from savings for preschool?
This seems really stupid. It is only preschool and if you can’t afford private elementary, this isn’t sustainable. Go to a preschool you can afford or cut nanny hours.