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Reply to "Hourly rate for caring for a child?"
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[quote=Anonymous]$15-$20 is outrageously high for watching a child in your home with your own child. The rates would be more in the $9-$11 and even $11 is high for this. For $15-$20 she could hire a professional nanny who would be in her own home. In your home, its your house, your rules and the other mom would have no expectations that you would change your routine around or not do your own housekeeping/activities whatever. This could work and the upside is that you get extra a money and she gets to avoid dealing with searching and hiring a nanny. If you are both laid back this will be easier. There are downsides too for both parties. She will be depending on you for childcare so you need to think through whether you can do this reliably. Do you go out of town early often and leave early on Fridays? Working parents rely on their nannies to keep kids home or around the house when they have a cold. The only take off work if the child is very sick. Will you be OK during cold season with a preschooler around that has a cold? Do you keep your kid home often from school and will you be OK picking up the other child if you aren't already going over to school? How much notice do you need to give her when you go on vacation? Do the kids get along? They will be together everyday. Do you do other play dates during the week and would you be fine with multiple kids over or be annoyed? She probably expects this but I would make sure that she realizes the other child would blend into your day. If you go to the grocery store, do your laundry, watch TV or whatever. [/quote]
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