• Home
  • About Us
  • Archives
  • Contact Us
  • Advertise
  • Privacy Policy

Kids Ain't Cheap

But They Sure Are Worth It

  • Home
  • Toolkit
  • Parenting
    • Baby Stuff
    • Books and Reading
      • Aesops Fables
      • Comic Books
    • Education
    • Family Time
    • Green Living
    • Growing Up
    • Healthy Living & Eating
    • Holidays
    • Parenting
    • Random Musings
    • Shopping
    • Stuff to Do
  • Money
  • Product Reviews
    • Books and Magazines
    • Discount Sites
    • Furniture
    • House Keeping
    • Reviews News
    • Toys and Games

A Financial Guide To Childcare

October 14, 2019 | Leave a Comment

Financial Guide To Childcare

The costs of childcare depend on several factors including where you live, the types of childcare services you need, and the number of hours you require childcare services. With the right amount of planning, the costs of these services can be significantly reduced.

High Costs of Childcare

According to the National Association of Child Care Resource & Referral Agencies (NACCRRA) the cost of center-based daycare in the US sits in the range of $3,582 to $18,773 per year. The average cost of such services is $11,666 per year. An au pair costs between $4,320 and $19,800 per year. The average cost of an au pair is around $18,500 per year.

Planning Ahead for Childcare

You can find the right au pair in the USA, using online resources. This way, you are better able to understand the different types of options you may have available to you. With a greater variety of options, you have a better chance of choosing a childcare service that is suitable for you financially.

The food needs of an au pair will need to be considered when budgeting. They will require food that meets their dietary requirements. Households must ensure that they do not spend money on food that does not get eaten. In order to avoid wasting money on food, it is advisable to merge the eating habits of an au pair with that of the family.

Managing Finances

A contingency fund helps when unexpected expenses arise. You can transfer a fixed amount of money to your fund. A provision for 50 percent of additional expenses should be made before the birth of a child.

A budget needs to set to guide the financial decisions in relation to childcare. Costs of childcare can increase significantly over time. A budget helps to prepare a household for both expected and unexpected childcare costs. With a budget, you can have a better idea of the options you have.

It helps to reduce your debts in order to reduce the pressure on childcare expenses. With a documented plan to reduce debt, one can more easily afford childcare services. One of the best ways to reduce debts is to take active steps to reduce the use of credit cards.

There are different costs by members of the household that may not need to be accrued. An extra car, for example, can be sold in order to reduce monthly costs. Changes may also be made to your home to reduce utility bills.

Image source: pexels.com.

Filed Under: Parenting Blog at KidsAintCheap Tagged With: Childcare, personal finance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • Facebook
  • Pinterest
  • RSS
  • Twitter
Best Parenting Blogs

Copyright © 2025 Runway Pro Theme by Viva la Violette