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My Wife and I just bought a house, so the conversation about kids has come up. I guess i knew child care was expensive, but after talking to my coworkers it tu
by swalsh 13y ago
My Wife and I just bought a house, so the conversation about kids has come up. I guess i knew child care was expensive, but after talking to my coworkers it turns out they spend on average 20k a year (this is MA). That figure blows my mind. How can someone not on an engineers salary afford this?
- gregd 13y agoThere are a multitude of things that are expensive. You've hit upon one of the major ones. Unfortunately, you'll have to crunch the numbers if you wish to have children. It may be in your best financial interest for one of you to quit your job and stay home with the kids, at least until they start school. Yes, you'll be broke all the time, but damn if your kids won't benefit in the long run from it. This is what my wife and I had to do. We had our two kids two years apart. She quit a pretty good job to stay home and raise them because by the time it was all said and done, she would have brought home less than $1000/month after daycare for two children...one of which was a baby.