Parenting & Family

How much do you pay for daycare?

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  • Feb 25th, 2018 3:21 pm
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Sr. Member
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Aug 20, 2012
877 posts
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Sorry to ask, but since daycare is so expensive and cost the same as most day job.

Would it make sense for the husband/wife to quit job and take care of your kids full time? (single income family)

(I don't have kids, but expecting one. so I am trying to plan ahead also.)

Thanks
Member
Jan 2, 2007
219 posts
134 upvotes
Kitchener, Ontario
It depends, if you quit until your kid is in kindergarten you will be out of the workforce for a very long time and your skills will be obsolete. Often times it is better to just bite the bullet and work anyways.
Sr. Member
Mar 24, 2015
767 posts
191 upvotes
Ottawa, ON
netbounty wrote:
Dec 15th, 2016 6:53 pm
Sorry to ask, but since daycare is so expensive and cost the same as most day job.

Would it make sense for the husband/wife to quit job and take care of your kids full time? (single income family)

(I don't have kids, but expecting one. so I am trying to plan ahead also.)

Thanks
Depends on how many kids in the daycare and how much you earn. I only had one kid at a time in daycare. When my 1st was starting kindergarten, I just had my 2nd. We could afford 2 kids in daycare and it would still cost less to what I was earning at the time but we always planned on a 4 year gap. If you have 3 kids under the age of 4 in daycare, it's going to cost a lot. If daycare cost was the same as my salary I would still go to work. It's hard to get a full-time job these days. I'm glad that my job was secure while I was on maternity leave both times.

Daycare cost us $1000 for toddler (18 months to 36 months) , and $950 for preschooler (36 months to 4yrs), morning and afternoon snacks, and lunch included. 7am to 6pm
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Oct 25, 2016
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netbounty wrote:
Dec 15th, 2016 6:53 pm
Sorry to ask, but since daycare is so expensive and cost the same as most day job.

Would it make sense for the husband/wife to quit job and take care of your kids full time? (single income family)

(I don't have kids, but expecting one. so I am trying to plan ahead also.)

Thanks
Hi Netbounty:

Personally, my wife and I decided I would keep working and she would be the the kids (no daycare). We also plan on homeschooling, so she will be with the kids during the school hours. I believe there is significant value to this and how strong it keeps your family together and the influence you get to have on your childrens formative years--rather than outsourcing that to someone else.

I also work in education as a teacher with homeschool families. If you plan to stay at home with your child (perhaps more children in the future) you may want to consider homeschooling. Homeschooling is very different today--it is even funded by the government. This allows you to buy the curriculum you believe suits their learning needs and gives funds for activities like swimming etc.

You also get a teacher that assists you if you have questions. Plus with the internet and a printer--you can find anything. Generally people do the homeschooling themselves from k-9 and then in grade 10 some families put their children in online classes (you can do online classes earlier if you want.) Homeschools are very social and there are facebook groups where people do weekly meetups or co-op teaching.

Anyway, there are lots of options available--just ask yourself first--what is your goal? We decided to do this because in our opinion it benefits my children and our family more than an additional income.

PS: If you are a teacher... you can get paid to teach your own children ;)
Member since Feb 19, 2008
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Mar 29, 2008
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ElliottGalt wrote:
Dec 16th, 2016 10:39 pm
Hi Netbounty:

Personally, my wife and I decided I would keep working and she would be the the kids (no daycare). We also plan on homeschooling, so she will be with the kids during the school hours. I believe there is significant value to this and how strong it keeps your family together and the influence you get to have on your childrens formative years--rather than outsourcing that to someone else.

I also work in education as a teacher with homeschool families. If you plan to stay at home with your child (perhaps more children in the future) you may want to consider homeschooling. Homeschooling is very different today--it is even funded by the government. This allows you to buy the curriculum you believe suits their learning needs and gives funds for activities like swimming etc.

You also get a teacher that assists you if you have questions. Plus with the internet and a printer--you can find anything. Generally people do the homeschooling themselves from k-9 and then in grade 10 some families put their children in online classes (you can do online classes earlier if you want.) Homeschools are very social and there are facebook groups where people do weekly meetups or co-op teaching.

Anyway, there are lots of options available--just ask yourself first--what is your goal? We decided to do this because in our opinion it benefits my children and our family more than an additional income.

PS: If you are a teacher... you can get paid to teach your own children ;)
Interesting - didn't know all that.
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Aug 22, 2011
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Ottawa
netbounty wrote:
Dec 15th, 2016 6:53 pm
Sorry to ask, but since daycare is so expensive and cost the same as most day job.

Would it make sense for the husband/wife to quit job and take care of your kids full time? (single income family)

(I don't have kids, but expecting one. so I am trying to plan ahead also.)

Thanks
It comes down to personal choice and not simply fianancial but career growth and opportunities.
Being out of the workforce for a long period of time can be a hurdle when looking to get back in.
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May 12, 2014
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Montreal
netbounty wrote:
Dec 15th, 2016 6:53 pm
Would it make sense for the husband/wife to quit job and take care of your kids full time? (single income family)
As others have said, you have to consider this over a 30+ year career: If quitting work now means your wife cannot get back in her profession after your last kid is born, you are giving up quite a lot of money. So it might make sense to send them to daycare even if it costs more than your wife earns during those few years.

Also consider the tax credits: the real cost of daycare is effectively cheaper if one of you has a job.

Finally, consider the other benefits: mental benefit for you and your wife (taking care of kids can be intense no matter how good they are -- going to work can be a welcome change of scene); the "safety" of being a double income family; the social benefits of your kids learning to interact with others, etc.

Ideally though, one of you could work reduced hours. Some employers offer Fridays off, or shorter days in exchange for less pay.
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Jun 8, 2008
3977 posts
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Toronto
We thought about it but my husband's work depends on personal connections and being out of the workforce for a while would make it hard to get back in. Plus, he likes his job, likes the people, likes the challenges. I never considered staying home for the long-term. (we need my salary more than his). We did split parental leave with our second though, he took 6 months off while I went back to work. That was fantastic.
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Apr 6, 2013
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FrancisBacon wrote:
Dec 21st, 2016 5:07 am
As others have said, you have to consider this over a 30+ year career: If quitting work now means your wife cannot get back in her profession after your last kid is born, you are giving up quite a lot of money. So it might make sense to send them to daycare even if it costs more than your wife earns during those few years.

Also consider the tax credits: the real cost of daycare is effectively cheaper if one of you has a job.

Finally, consider the other benefits: mental benefit for you and your wife (taking care of kids can be intense no matter how good they are -- going to work can be a welcome change of scene); the "safety" of being a double income family; the social benefits of your kids learning to interact with others, etc.

Ideally though, one of you could work reduced hours. Some employers offer Fridays off, or shorter days in exchange for less pay.
Finally some truth. The other reasons just make people feel better about their decision, especially when the mother goes on mat leave for the second child and leaves the first child in daycare for the "social benefits".
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Jun 24, 2006
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borntohula wrote:
Dec 23rd, 2016 4:02 pm
Finally some truth. The other reasons just make people feel better about their decision, especially when the mother goes on mat leave for the second child and leaves the first child in daycare for the "social benefits".
Absolutely. When my wife was off with our second, the oldest went to daycare at least 2 days a week. A break for Mom, and it is good for him to get out with other kids and Jo parents. Now he is in JK and 3 kids from his daycare are in his class, so that was very good for him making that jump to school, and he still goes there before and after school from time to time when working around schedules.
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Oct 6, 2005
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ElliottGalt wrote:
Dec 16th, 2016 10:39 pm
Homeschools are very social and there are facebook groups where people do weekly meetups or co-op teaching.
I find home school children odder than the typical person (everyone is odd). I don't seem to be alone in this observation tho.

Personally I find the social interactions of school to outweigh any educational benefits of home schooling.
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Oct 25, 2016
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coolspot wrote:
Dec 24th, 2016 9:55 pm
I find home school children odder than the typical person (everyone is odd). I don't seem to be alone in this observation tho.

Personally I find the social interactions of school to outweigh any educational benefits of home schooling.
I guess I would ask you this--when you meet someone, do you always ask them if they were homeschooled? More then likely your presupposition causes you to attribute very normal and exceptional people to the public school category even if they were homeschooled. Basically, just be aware that your conclusion about homeschooling and social tendencies is concluded by your biased presupposition.

All that said, you are right--there are some strange homeschooled people, but there are also a lot of strange public schooled people. I once worked in a prison--how many homeschoolers do you think were there? Interesting thought isn't it. I wonder how many homeschoolers are on welfare, or what the divorce rate is?

Social skills are important, so important that parents should socialise their children in an environment that reflects the values, character and work ethic they want their children to model. Accomplish this anyway you wish.
Member since Feb 19, 2008
Newbie
Nov 20, 2008
34 posts
Toronto
For daycare in Toronto, do you think these monthly rates for full time care are priced just right for the market? Meaning is it average?

Infant $1400/mth
Toddler $1250/mth
Preschool $1150/mth
Kindergarten $980/mth

Please let me know your thoughts and opinions on these prices for Toronto.
Deal Addict
Jul 6, 2005
3512 posts
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Toronto
so, @ $1,500/mo per infant... what if you have twins, are people really paying $3k/mo just for daycare?!?! I can't see why they would cut you a break, its still the same amount of work.
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Feb 16, 2004
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York Region
Newmarket, Ontario - home daycare $1,000 or $50/day full time from 7 am to 6 pm. But we leave our daughter there from 9-3 every day and i dont care that i am overpaying if im not using it full time. I know i will have an option of keeping her there longer if the necessity comes in

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