competition: who pays most for childcare?

[furrycat]

I have 2 dc in nursery and pay £1300 a month for both of them (four days). Go on, beat that and make me feel better

"Furrycat, that works out £3.75 an hour, (assuming a 10 hour day) per child. Thats pretty good value if you ask me. Cant think of many other professionals or services who would charge only £3.75 an hour."

I'm sure someone has already said it, but that argument doesn't hold. It's a damn sight more than £3.75 a nhour when you add up all the children involved.

nannynick, our nursery costs drop at:

age 2, fees reduce by about £200/month (staff:child ratios change)
age 3, additional govt grant of £130 month towards nursery fees

so my 1 year old in nursery costs approx £330 more a month than my 3 year old.

"And I think a live-in nanny becomes the cheaper option when you have two little ones."

perhaps, but then rather ironically you have to be wealthier to afford the cheaper option as you need a house l;arge enough to have an extra room for nanny

move to bigger house, pay higher rent, still cheaper than two in nursery.

I never realised how much childcare cost or not that it cost that much anyway

and I'm not having a go at anyone at all !!!

well, it does depend hugely on location and type of childcare obv

1200 per month net nanny wage..........350 on top for her tax and NI.........1200 per month school fees for DD and DS. 250 per month for nanny car expenses..increased food bills and all utility bills for her self contained flat and thats in Worcestershire.
Very extravagent as both children are at full time school ( 8 and 6 ) but had 5 au pairs only one who was any good and as the children got older the homework suffered with non native english speakers. DH works abroard at the drop of a hat and I regularly do 70 hour weeks as a partner in a male dominated law firm ! says it all really.

I wouldnt have it any other way!

OMG... Why do you have kids if you are going to live like that? Someone call SS.

Just kidding.

I know I know, I'm a trouble maker but I'm avoiding work because my boss is a twonk.

Guess my £900 per month to have both children in nursery (ds1 for 4 days, ds2 for 2) is cheap then

I'll make you feel better Furry cat
1030 per month for 4 days. Around 68 a day I think
blimey moses.
ds loves it though, so stuff it
Plus just got into a nursery with 2 year waiting list which is not as expensive.

only jokes.

Not sure really eleusis.......kind of fell into it really..........!

Why is your boss a twonk ?

I think it's because all of his team are resigning and he thinks it might be person, so he snapped when I asked him if someone was replacing one of them. Think it was a sensitive issue.

Twonk!

It's funny actually, personally, he's a really a nice guy. But, when it comes to work his people management skills are just plain rude sometimes.

Well i'll make you all feel better, my soon to be boss will pay £560 a week which includes tax, NI and employers tax. She has bought me a 2 bedroom flat to live in (in London)and is paying all my bills and i get a big bonus aparently. Am very excited about starting.

Blimey nannyj. That is pretty generous. I have one friend who does exactly that with her nannies. I wonder if they are one and the same............

blimey nanny j well done. Bosses like that just give us a bad name!

So are you taking home 560 net per week or is that 560 gross so net around 400 ?

I have to say eleusis he sounds a twonk but then managing people is the hardest thing I have to do.

My job would be fine without clients or staff.....LOL !

I'll make you feel better...

I have ONE child at nursery 5 days a week and I pay around £1200 pcm.

We're moving to a different area (with no nurseries that I like within a sensible distance) so it is time to get a nanny and from the conversations I have been having of late it looks as though I will be paying somewhere near £450 pw net (I should add that it is not as if we live in zone 1 or an especially nice area of London). This translates to a £36k pa salary. I know postgraduates who don't earn that much (and, of course, I will have to earn £60k to keep the nanny in the style to which she is no doubt accustomed)! Maybe I can get her to throw in a night's babysitting and to be a bit flexible on hours; then it won't seem too bad...

Scary Hairy.....I agree with you. My nanny has £1200 per month as spending money. She pays no bills at all and does not contribute in any way to the car we provide. I would be suprised if she has to spend more than £20 per week on food at the weekend.

She never has any money and buys the best of everything...clothes skin care etc. She is better off than most of my assistant solicitors.

On top of this she works really only part time as both my children are at school. She of course covers the school holidays 8 to 7pm but has an unlimited budget to go out and entertain the children..............for instance they never take a picnic to the park...........they would always go to a cafe or buy lunch out...............which I pay for of course.

I am delighted with her as I have no worries about my children at all am in an extremely fortunate financial position at the moment so I do not need to count the pennies BUT for other families a nanny on this sort of money is completely unafforadble and when you think that as you say they earm notr than most graduates it does make you wonder ?

No mummypoppins its gross so i'll get £400 a week.

nannyj - great terms but what else comes with the deal?! You'd better find out if loads of nannies have quit before - and why. And fast.

Well done NannyJ, that's a lot... it's 208% times my nanny salary, and I'm live-out.

560 gross weekly salary, is different from "£560 a week which includes tax, NI and employers tax", if it is your gross salary, then it does not include Employers NI contribution (which I think is what you mean when you say employers tax).

Yeah i know nannynick,just didn't explain it.I meant i will cost my employer £560, i think my gross salary is about £540 but i may be wrong.

Am hoping there is nothing wrong with the job my new boss seems lovely and we have had very indepth chats. They have young children so can't have gotten through many nannies (fingers crossed). She wasn't offering this salary but i had other offers and she very generously matched them.

I'll have to remember that tactic when negotiating salaries. Alas not sure parents in my area are in the same league as those who live in Knightsbridge (I didn't even know there were homes there, all I know there is Harrods!).

Hope it all works out... as you say, you've met the parents (and I hope the children) and gel with them. No doubt you will let us all know how it goes.

We are going to pay only 1000 pounds in january when I go back to work BUT I would have paid 1600 pounds for 2 kids if I wouldnt made some arrangements.

from next sept will have 3 @ private school (£1000x3/month) + FT live out nanny £2k/month -- total cost £5k per month - what do I have to earn before tax each year to make it all add up...??