Post # 1
We are getting married this summer and have talked about kids. We keep saying maybe in a year or two, but ive been reading the boards at work on how much they pay and its ridiculous. Daycare cost from $1200-1600 in the DC/MD/VA area. How can people afford it!
I feel we will never be able to TTC with prices like that. I don’t want to quit my job but between that and the cost of the food, formulas, diapers, i dont think we can ever TTC. Being a stay at home mom is out of the questions due to our expenses and lifestyle.
Does anyone else feel the same way?
Post # 3
My husband and I have talked about this because it’s so expensive and we don’t have that just laying around. It hasn’t stopped us from trying though. We’ll find a way to make it work!
Post # 4
@fuentesbee: I obviously live a little further out of the big city then you do but daycare is MUCH less expensive if you go to a small home daycare. We pay $400 a month for full time care. Breastfeed your baby, it’s cheaper and better for both of you. I buy our diapers at SAMs and spend $40 a month. Babies dont have to be that expensive.
Post # 5
We feel the same way. Daycare is about the same price around here. We definitely won’t be having a second kid until the first is in preschool so that we don’t have to pay for two full time kids in daycare. We can’t afford that!
Post # 6
Yup!! I just looked into daycare where I live and it runs from 1800+ a month. Might as well hire a nanny! We were planning for this summer, but now it’s on the back burner.
Post # 7
I have read about the varying prices of daycare around the country. I would have a hard time coming up with 1200 – 1600 a month for daycare. Ours is only 400 – 500 a month and that is quite a bit for us. It would have completely changed when we started a family.
Post # 8
I looked up daycare prices here. They’re insane. I would much rather hire a nanny (we have quite a few of those around here). I’m sure we’ll get some sort of offer from FI’s brother’s in laws to come to their daycare, but a) I hated daycare as a kid and would prefer to not subject my kids to that, and b) I really hate his in laws, so no, they will not be helping raise my child in his/her formative years.
Post # 9
No, it didn’t stop us. We don’t make much money at all, but we live comfortably and we will make it work. I think the hardest thing is the change of lifestyle. It doesn’t have to be drastic, but we’ll for sure cut back on some luxury things to have money for the other things that we actually need. I know people who make it work with multiple kids and much, much less income. For a lot of people I think it’s determining an actual need vs. want and being content even though you might not have the newest, greatest things. 🙂
Post # 10
Yes, we also live in the DC area. If we did not have to worry about daycare costs we would probably TTC a lot sooner. We are hoping to save some money and pay off our student loans before baby comes along.
Post # 11
It didn’t stop me because I planned on staying home with the baby (and I wasn’t working when we were TTC because I was waiting on the clinic to open and it kept being pushed back), but yeah when I looked up daycare prices after I was already pregnant they really floored me. I can’t imagine paying for daycare – it would basically be all of my income from working just for daycare, so it makes more sense to stay home, at least for me. I’d love if I had a close family member to help watch the baby, but I’m 45 mins away from the closest one.
Post # 12
Commenting to follow. When I first found out the price of daycare, I got really scared. I had planned to put our child through college, like my mom did for me. Then I found out one year of day care costs more than my 4-year degree from a public university. And then we found out we need expensive fertility treatments (or even more expensive adoption fees), so I can only hope that we will someday have to contemplate how to pay for child care, and that someone here has some great ideas on how to pay for it 🙂 When I was little, my mom took me to a local stay-at-home-mom who watched kids. Do they not do that anymore? I can take a year off unpaid and still keep my job, but I don’t think staying home longer than that is an option. Reentry after time off for raising a family is really hard in my field, and my job gives us some benefits DH’s does not (plus the retirement plan, etc.).