4 ms·
Child care 0-5 is like a second mortgage. I paid more for one kid than I did for mortgage- in Seattle of all places. If you have 2 it’s like having 3 houses. Th
by rdtwo 5y ago
Child care 0-5 is like a second mortgage. I paid more for one kid than I did for mortgage- in Seattle of all places. If you have 2 it’s like having 3 houses. That’s not affordable or sustainable in Major cities
- sJ646U9k6c6gME9 5y ago
- patentatt 5y agoSame here. My nanny makes more than I did at my first job out of college as an electrical engineer (wasn't long enough ago for inflation to have that large of an impact either). Childcare is our highest monthly expense, more so than housing (mortgage). I consider myself fairly fortunate, I don't know how other people do it. Once the kids are both in full time school, that same monthly budget will have to be diverted to college savings too, so it's not like it's even a temporary thing (if you want your children to get an education and not be saddled with lifelong debt, that is).
- jeffbee 5y ago2 kids in an urban pre-school was way more than my mortgage.