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[quote=Anonymous][quote=Anonymous]I agree with PPs that people are tightening their belts and not spending as much as they used to, but I think that a lot of it comes from families who can't afford nannies that want to put on this act that they are wealthier than they really are. I live in a suburb of a major city, and not many people can afford what I would consider a decent salary for a nanny in the area, yet Care.com is filled with ads in the area for people wanting to pay $5 an hour for someone to work for 60 hours a week, teach their children a foreign language, cook meals, clean, etc. Having your kids in daycare isn't really as "glamorous" as having a nanny apparently.[/quote]
Also daycare these days is more expensive then a nanny. Daycare per kid is easily 200-350 a week with 3 kids that could equal 600-1,050 a week. A nanny might be 12 per hr for 40 hrs that's 480 per week.

480 for a nanny is a lot cheaper then daycare in this senario. Plus the added benefit of cooking, laundry and housekeeping. Nannies can truly be a bargain. [/quote]

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