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[quote=Anonymous]We make 100K less than you do, and pay our nanny 17.50/hour for 2 kids for around 30 hours a week.  Factoring in all costs associated with a nanny (including paying taxes and unemployment, holiday bonus, and paid vacation) this means we pay about 20 percent of our gross for part-time child care for 2 children.  Whew.

But this was actually LESS expensive for us than having to pay for FT daycare (since we could not find a center that would take an infant for PT).  And the costs associated with daycare include all kinds of odds and ends (fundraising, holiday gifts for teachers).  There is also the intangible cost of having to get 2 kids dressed, fed, and out the door before 7AM which is when both DH and I have to leave.  Not to mention the fact that we both routinely missed work due to a sick child when we had one in daycare.

As a PP said, it is temporary.  Reliable, safe, quality child care will be VERY expensive no matter how you find it.  I would say that you are not too poor to hire a nanny but may be too "poor" for other things.  We are comfortably saving for retirement but have minimal college savings for our kids; we have one car; we take modest vacations to the beach.  But the truth is, when I think about having to give up our nanny (who is AMAZING and worth every penny) I can list several other things I'd rather do without![/quote]

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