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jkjeeper06 t1_j8wmqg0 wrote

Reply to comment by tapakip in Daycare prices by PrincipleLarge2118

2300/mo = $27,600/yr post tax. Its about $42,000/yr pre-tax. $20.50/hr full time.

At the low end of daycare its $13.75/hr, below our minimum wage

McDonalds is paying $19/hr near me so only a little more than that. If there is career growth potential you may miss out on that by becoming a caregiver

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tapakip t1_j8wp5ay wrote

I said $30 an hour because I would not work for a wage that equals what I'd be paying for childcare, it would need to be substantially more to be worthwhile. I'd rather be with my child for those years than working 40 hours a week just to pay someone else to watch them.

Career growth potential is the only factor, and I won't judge anyone either way. People should make their own decisions as to what's more important to them. Some will value their overall careers more, and some will value that time with their child.

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Victor_Korchnoi t1_j8xlqls wrote

What if you have two kids?

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jkjeeper06 t1_j8xtul9 wrote

Depends on the daycare. Some are discounted. If you have 2, they likely arent both infants unless they are twins so its a bit cheaper for one of them anyway.

But yes, 2, 3, 4, or 5 kids definitely changes the math

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