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[quote=Anonymous]It's the $. Many/most parents simply aren't financially able to their nanny $50,000 per year. There aren't that many upper class families in America. There are more upper middle class families that make maybe $200K/year. After taxes, health insurance and 401k, that is $110K/year. After mortgage and utilities, it's down to $70K. If we pay a nanny $50K, that leaves $20K for everything else we need- food, car, clothes, etc. The math doesn't work. So- we either do daycare or find more affordable nannies. [/quote]
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