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There is a natural ceiling on the costs for daycare and career, at 100% of the mother's income. It can't get worse than that unless you just like to pay money,
by souprock 6y ago
There is a natural ceiling on the costs for daycare and career, at 100% of the mother's income. It can't get worse than that unless you just like to pay money, because the mother can care for the kids.
Having 2 or 3 kids in a city is probably the worst plan. Costs are high, but not not quite high enough to make the career obviously a mistake.
- christinamltn 6y ago100% plus future losses that could be attributed to loss of career progression during those years. I’ve known people who paid nearly 100% of their salary to childcare after tax but determined it would be countered by future raises and leave them in a better position long-term.
- souprock 6y agoFuture losses are included in the 100%. My assumption is 100% of lifetime salary. One can easily blow past that with a large family. There is probably an unspeakable truth behind the people you've known who pay nearly 100% of their salary to childcare. Not every parent really likes their children. Getting away from them might be a bonus, even if it can't be admitted.