To decide if you can afford a nanny, it’s important to not just look at the hourly rate but to look at all the costs involved in hiring and employing a quality caregiver. Here I’ve outline the expenses you should consider and when possible, I’ve given you a rough estimate of what they’ll cost. Wages It’s not the only expense involved but it’s by far the largest. To get a better idea of what your area’s average wage is, call a few local placement agencies or your … [Read more...]
Can I afford a nanny?
In general, nanny care is the most expensive childcare option. (Although if you have two or more kids and live in a high cost area, it’s often cheaper than group care.) To help you decide if you can afford a nanny, it’s important to not just look at the hourly rate but to look at all the costs involved in hiring and employer a quality caregiver. Here I’ve outline the expenses you should consider and when possible, I’ve given you a rough estimate of what they’ll cost. My … [Read more...]
You and Your Employer’s Money
When and how the nanny spends her employer’s money can quickly become a trouble spot in the nanny/family relationship. This is one of those areas where, unless the nanny is wildly irresponsible or the family is unrealistically frugal, there isn’t a definite right or wrong way to do things. It’s a judgment call and the best nanny can get it wrong. It’s essential that the employer or the nanny takes the lead and discusses appropriate spending before the nanny accesses the household … [Read more...]
