We have employed our lovely nanny 2.5 days per week for the last 4 years. She is fantastic and we think the world of her.
We have 1 child at school now and the other at nursery 1 day per week. I have been working mostly full-time for most of this time but the outlook for my job for next year is bleak. My current contract ends in December and I have nothing for next year. We currently spend some £14k per year on childcare, the biggest chunk of which is about £9k for the nanny. The obvious solution is to make the nanny redundant and continue (increase?) the nursery. This would save us £8-10k per year depending on how much babysitting / childcare in the holidays we use. I am a softie and worry the children will be sad but my husband figures they can put up with some sadness for the amount of money we would save??!!
Anyone have a similar dilemma? I am also considering some kind of half way house (e.g. 1.5 days per week of nanny) but obviously the savings are proportional.