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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=nannydebsays][quote]I always marvel how an adult manages on $15./hr. Please give us a sketch of what you imagine her monthly budget might look like. For instance, can she afford to live on her own? If not, how many people does she need to share her kitchen with?
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A nanny who earns $15/hour ($22.50 OT) in a 50 hour a week job is making $825/week, or $42900/year. That's not exactly chump change in my neck of the woods, why is it such a bad yearly rate in your area PP?
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What if it's only 40 hrs a week? Give us an imaginary monthly budget, please.

Can she afford to live on her own??

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First, the typical grad student is well into adulthood, not an eighteen year old who just got sprung from Daddy's house.  Second, very few nannies work 40 hours per week.  In fact, very few people in any field work forty hours per week anymore.  Anyone who does knows that the extra personal time comes at a cost in terms of income.

yes, she can.  I lived on $12,000 a year in grad school for 5 years.  and I did not go into debt[/quote]

Good for you. But I am not talking about college kids here, who are typically thrilled to get out of their parents house, and even share a bedroom with a few girls. I'm talking about adults here.

What might her $15/hr monthly budget look like?

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