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[quote=Anonymous]OP I empathize, and can understand how a nice house, two cars, 401k plans, college funds, etc... can eat away at a seeming very high gross number very quickly.  And I also understand why it is hard to fathom that budgets can still be tight w/ the kind of combined gross income you're describing.

But honestly, 16% of your gross going to childcare doesn't seem that high to me - all things considered.  For a lot of families the cost of childcare versus one parent staying home is a lot closer a calculation.

Also, you need to prepare yourself for the actual costs - which are higher than those you're citing.  If that is what you'll be paying your nanny you will also be paying taxes, additional insurance (workers comp), and perhaps a service fee for managing the payroll and taxes.  So your real costs will be higher.  You should also be budgeting for some food allowances, reimbursement of driving expenses, cost of covering vacation/sick leave, and perhaps activities (depending on what you want for your kids).

Nanny care is expensive - but doesn't that seem appropriate?

When our kids are old enough that a nanny is no longer necessary our monthy budget will be INFINITELY more comfortable.  But the daily stress on me and the family will probably be much higher also.
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