Dayhomes, is it worth it?

[lazymonkeygod]

I have a friend who pays $1000/month/child for dayhome.
She says it typically would work out to be 10hrs (7am dropoff, 5pm pick up) a day for each child and each child will be at her place 5 days a week. So that's 50hrs/week, so roughly 200hrs/month. That works out to be $5/hr/child. And according to Alberta laws, the ratio of childcare:children is 1:6 for childs above 2 years of age (I could be wrong on this). So a dayhome ran by an individual will make a max of $30/hr. Is this right? Is it even worth it to do this? Could a parent afford more than $1000/child/month to make it worthwhile for the childcare person?

[farfargurl]

$5 is good!, my MIL is looking after a 2 yrs kid for $3 an hr, lol

[dor79]

I think there are other benefits to the dayhome provider. Being able to stay home and raise her own children while making money is a huge plus.

[lazymonkeygod]

I think there are other benefits to the dayhome provider. Being able to stay home and raise her own children while making money is a huge plus.

Well I guess if you look at it that way it is worth it. But how about someone who's looking to do this but have no children of their own? Not a great way to make a living...

[Catherine111]

I think that is much although it depends upon your capability. Rather i would prefer for a nanny with just one kid. And i think it will save a lot.

[Spidey]

We tried it for almost a year (10 years ago) and it wasnt for us. Your house isnt yours anymore, parents that show up late constantly so your days ends up being a 14 hour day. Spend time with your kids, good luck, if you have a ton of babies on the bottle, you will barely have time to say hi to your kids. Your stuck at home all day basically, have to worry about special insurance for your vehcile, if you can even take it anywhere.

Some people make it work, just wasnt for us

[Forhad]

I do think it's worth it. My nephew is also in a day care. And it is $35 a day and there are way too many children to be cared for properly.

[dor79]

Well I guess if you look at it that way it is worth it. But how about someone who's looking to do this but have no children of their own? Not a great way to make a living...

It depends if you dont follow the rules it can be worth it. A lot of these places dont declare their income and have more than the proper amount of kids allowed.