Anonymous wrote:I'm currently a big law associate and T14 law graduate. I've been aching to be a SAHM since my first child was born, and we're finally in the financial position to make it a reality. My DD is in school full time and I have an August '16 DS. Money will be fairly tight on just my husband's income (he is a tenure-track professor). Therefore, I'm toying with the idea of trying to find a second baby to nanny in tandem with caring for my son. Basically a nanny share, except the nanny is also the mom to one of the babies.
I would prefer to host, as I have a large home, located close to child-geared amenities, and I already have two of everything (cribs, high chairs, etc.) thanks to my DD. I also have plenty of toys and would have a stocked fridge, etc. (Not to mention, if I'm going to be AH it's nice to be in my own home!) However, I'd also be open to travel, since I know not having to deal with drop-offs is a big advantage of having a nanny.
I have two questions and am looking for insight: (1) what rate do you think I could charge the family (relative to market), and (2) how should I "sell" this set-up when searching for an employer/family (nanny-share, nanny but I bring my child, or very, very small in-home daycare)?
I assume that having my son with me would be viewed as a negative, and my education level as a positive. I'm wondering if they can balance out so that I can charge close to market for a one-on-one setup? But I have no idea if that's reasonable.
For more background - my experience with children consists of caring for my own kids (4 year old and infant), working as a teacher through Teach for America before law school, and working part-time as a nanny/babysitter throughout my teen years. I've read the 5,000,000 books and articles on early childhood development, toddler discipline, baby care, etc. etc. that most educated parents read. I do NOT have a degree in early childhood education or a related field. However, I think my strength as a nanny would be that I have a background similar to MB and therefore my approach and child-rearing style would more closely mirror what the MB would do with her own child. I would treat the second baby the way I treat my own - as much language exposure as possible, outdoor time daily, different sensory activities, outings to the park/library/music class/etc., providing nutrient-rich, organic meals, lots of floor time, etc.
Thanks for your thoughts!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I definitely would NOT do this if it's for 200-300/week. I was thinking closer to $15/hour ($3000/mo for full time). That would be enough extra cash to continue finish paying down my student loans and have some breathing room in our budget.
I can look into the adjunct thing. I really don't want to do legal work on the side.
My ideal would be to find someone who has an older child who goes to my DD's school and a baby who needs care, so that they'd be on the same schedule as us and live/commute to our area.
You're not going to get $15/hr with your own kid, in your own home, with zero experience and relevant references. Set your expectations closer to $1 over minimum wage.
FTR - I don't have zero experience. I was a nanny throughout high school and college for two families who would both give me glowing references. That said, I get your point. And I would not be interested for $9/hr. Maybe $12/hr if they're doing full time; I'd have to think about it.
How long ago was high school and college? Did you bring your own baby along on those jobs?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I definitely would NOT do this if it's for 200-300/week. I was thinking closer to $15/hour ($3000/mo for full time). That would be enough extra cash to continue finish paying down my student loans and have some breathing room in our budget.
I can look into the adjunct thing. I really don't want to do legal work on the side.
My ideal would be to find someone who has an older child who goes to my DD's school and a baby who needs care, so that they'd be on the same schedule as us and live/commute to our area.
You're not going to get $15/hr with your own kid, in your own home, with zero experience and relevant references. Set your expectations closer to $1 over minimum wage.
FTR - I don't have zero experience. I was a nanny throughout high school and college for two families who would both give me glowing references. That said, I get your point. And I would not be interested for $9/hr. Maybe $12/hr if they're doing full time; I'd have to think about it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I definitely would NOT do this if it's for 200-300/week. I was thinking closer to $15/hour ($3000/mo for full time). That would be enough extra cash to continue finish paying down my student loans and have some breathing room in our budget.
I can look into the adjunct thing. I really don't want to do legal work on the side.
My ideal would be to find someone who has an older child who goes to my DD's school and a baby who needs care, so that they'd be on the same schedule as us and live/commute to our area.
You're not going to get $15/hr with your own kid, in your own home, with zero experience and relevant references. Set your expectations closer to $1 over minimum wage.
FTR - I don't have zero experience. I was a nanny throughout high school and college for two families who would both give me glowing references. That said, I get your point. And I would not be interested for $9/hr. Maybe $12/hr if they're doing full time; I'd have to think about it.
You are not being a nanny. You are basically a babysitter in your own home. The child will probably go on your appointments, outings with your friends, etc. A nanny is in the child's home. Most expect a nanny to come to them as its easier. No one is going to pay $12 an hour in your home with you two kids in less they are desperate. Your older child will need to be picked up/dropped off to/from school and care. There are tons of teacher days and holidays. Most people need 9-11 hour care given the commute.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I definitely would NOT do this if it's for 200-300/week. I was thinking closer to $15/hour ($3000/mo for full time). That would be enough extra cash to continue finish paying down my student loans and have some breathing room in our budget.
I can look into the adjunct thing. I really don't want to do legal work on the side.
My ideal would be to find someone who has an older child who goes to my DD's school and a baby who needs care, so that they'd be on the same schedule as us and live/commute to our area.
You're not going to get $15/hr with your own kid, in your own home, with zero experience and relevant references. Set your expectations closer to $1 over minimum wage.
FTR - I don't have zero experience. I was a nanny throughout high school and college for two families who would both give me glowing references. That said, I get your point. And I would not be interested for $9/hr. Maybe $12/hr if they're doing full time; I'd have to think about it.
Anonymous wrote:Anonymous wrote:I definitely would NOT do this if it's for 200-300/week. I was thinking closer to $15/hour ($3000/mo for full time). That would be enough extra cash to continue finish paying down my student loans and have some breathing room in our budget.
I can look into the adjunct thing. I really don't want to do legal work on the side.
My ideal would be to find someone who has an older child who goes to my DD's school and a baby who needs care, so that they'd be on the same schedule as us and live/commute to our area.
You're not going to get $15/hr with your own kid, in your own home, with zero experience and relevant references. Set your expectations closer to $1 over minimum wage.
Anonymous wrote:In your home is not a nanny, its a home day care. And, your kids will be there. No one is going to pay you $3000 a month for one child who will be shagged along with your kids and life. You need a license to do it in your home. At best you get $200-300 a week for one child.
Anonymous wrote:I definitely would NOT do this if it's for 200-300/week. I was thinking closer to $15/hour ($3000/mo for full time). That would be enough extra cash to continue finish paying down my student loans and have some breathing room in our budget.
I can look into the adjunct thing. I really don't want to do legal work on the side.
My ideal would be to find someone who has an older child who goes to my DD's school and a baby who needs care, so that they'd be on the same schedule as us and live/commute to our area.
Anonymous wrote:It could work, OP, but no one can say if you would like caring for a second baby. I met a woman at library story time who was doing it and did seem involved and caring toward the other child. Get your CPR training (the full day course for daycare owners) and set up the rooms in your house that you would dedicate to the children. You will need to make initial investments into a double stroller and extra crib.
It would be a TON of work. Remember that nannies go home at night and generally get a good night sleep. Being the mother of a newborn, you may not.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here -
That's definitely the plan (to be as frugal as possible).
I came up with the nanny idea because, if I can host at my house, it would be a fairly easy transition to have another baby around. I'm already going to be home all day, doing baby-geared things. A second baby would be more work than one, but it would also make the day more challenging (in a good way) and more fun. I LOVE babies. It seems like a great way to bring in cash doing exactly what I would already be doing all day. Maybe it's because DS is my second child, or because I'm used to being a WM, but I don't view sharing my time with two babies as a detriment to my son. It's a playpal for him! The only big downside is not having that extra time with DD, but she loves her school and she's starting to get into after school activities naturally. She also stays up later so I could still have quality time with her in the evenings.
So would you consider getting a license? Depending on where you live, you might need to, anyways.
If it became a bigger thing where I watch multiple kids (besides my own), yes. I would think (hope) I don't need a license to watch a single child. Definitely something I need to confirm (as well as general liability/insurance issues).
What town?
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here -
That's definitely the plan (to be as frugal as possible).
I came up with the nanny idea because, if I can host at my house, it would be a fairly easy transition to have another baby around. I'm already going to be home all day, doing baby-geared things. A second baby would be more work than one, but it would also make the day more challenging (in a good way) and more fun. I LOVE babies. It seems like a great way to bring in cash doing exactly what I would already be doing all day. Maybe it's because DS is my second child, or because I'm used to being a WM, but I don't view sharing my time with two babies as a detriment to my son. It's a playpal for him! The only big downside is not having that extra time with DD, but she loves her school and she's starting to get into after school activities naturally. She also stays up later so I could still have quality time with her in the evenings.
So would you consider getting a license? Depending on where you live, you might need to, anyways.
If it became a bigger thing where I watch multiple kids (besides my own), yes. I would think (hope) I don't need a license to watch a single child. Definitely something I need to confirm (as well as general liability/insurance issues).