UrbanBaby - combined tuition and childcare (camp, af...

Boards Help|Boards Abbreviations

UrbanBaby Asks...

Do you 'enjoy' spending time with your kids?

Already voted? View Results

See previous polls »

Stay Connected with UrbanBaby:

Flashback

UB Like it's 1776!

Any wives of declaration signers on? I feel so alone, with DH out trying to build a country for everyone else when he has a family at home!

Posted September 13, 2007(191 replies)

More reminiscing about laughs on UrbanBaby »

Inside UrbanBaby

UrbanBabyBuzz

Snowy Valentine by David Meet Jasper, he’s a little bunny on a mission to surprise his wife for Valentine’s Day. He wants the perfect present, so trudges out in the snow looking for inspiration from his neighbors. When no gif ... More »

combined tuition and childcare (camp, afterschool): 20% of our gross income. Does that sound excessive?
23 replies
[ Reply | Watch | More
NY Schools
New York City
Toddler
03.26.09, 12:18 PM Flag ]
- how many kids?
  [ Reply | More ]
  03.26.09, 12:18 PM Flag
  - one--this is elementary school, btw
    [ Reply | More ]
    03.26.09, 12:20 PM Flag
    - We shell out about 40K and sister pays about 30K. Both kids are in private school and attend a bus camp. Ours is just more "label."
      [ Reply | More ]
      03.26.09, 12:22 PM Flag
- Sounds about what it costs, given you don't have an absurdly high income
  [ Reply | More ]
  03.26.09, 12:21 PM Flag
  - is it crazy though? our gros is about $130K
    [ Reply | More ]
    03.26.09, 12:25 PM Flag
    - Of course it is. You know that and are just asking for validation hoping we'll all say "nah. It's fine." Well it is NOT fine. It's messed up.
      [ Reply | More ]
      03.26.09, 12:46 PM Flag
      - np: but what other option does she have? our gross income is less than $100k and we have to pay around 20% for childcare. there are no cheaper options, period.
        [ Reply | More ]
        03.26.09, 01:31 PM Flag
- I just went through this and realized it's about 66% of my net income. Pretty depressing as I'd like to be home with the kids.
  [ Reply | More ]
  03.26.09, 12:41 PM Flag
  - i hear ya. if it weren't for the whole health insurance thing i would at least be working part time.
    [ Reply | More ]
    03.26.09, 01:30 PM Flag
- School is mandatory, camp is not. We send DCs to private school, but they're home with me all summer.
  [ Reply | More ]
  03.26.09, 01:28 PM Flag
  - op: great but we both work. Having dc home 3 days per week, at most, is a possibility.
    [ Reply | More ]
    03.26.09, 06:55 PM Flag
- That's us. Childcare alone is about 15-20% of our income. Rent is another 25%.
  [ Reply | More ]
  03.26.09, 01:30 PM Flag
- That's us (school and nanny are 20% of our gross income)
  [ Reply | More ]
  03.26.09, 04:32 PM Flag
  - and our gross income is 5x yours!
    [ Reply | More ]
    03.26.09, 05:00 PM Flag
    - well--sounds like you may have dc in a private school and pay for a private nanny, which is nice for you--pretty cushy. I work ft, no nanny, do pickup-dropoff-but there would be a private school if I pay this much.
      [ Reply | More ]
      03.26.09, 06:57 PM Flag
- we're at about the same percentage. it's crazy.
  [ Reply | More ]
  03.26.09, 04:57 PM Flag
  - ^^^otoh, it's for three kids and our income is less than yours. i guess that means it's a pretty good deal.
    [ Reply | More ]
    03.26.09, 07:03 PM Flag
- That's us and our HHI is $400K.
  [ Reply | More ]
  03.26.09, 06:58 PM Flag
  - ^^^^for two kids
    [ Reply | More ]
    03.26.09, 07:02 PM Flag
    - but with you income I'd imagine it's not as tight--you'd still have more $ for vacations and extras.
      [ Reply | More ]
      03.26.09, 07:21 PM Flag
- You didn't apply for financial aid?
  [ Reply | More ]
  03.26.09, 07:01 PM Flag
  - yes--this is with financial aid
    [ Reply | More ]
    03.26.09, 07:17 PM Flag
- mine is 30%
  [ Reply | More ]
  03.26.09, 07:10 PM Flag

combined tuition and childcare (camp, afterschool): 20% of our gross income. Does that sound excessive?

UrbanBaby Asks...

Do you 'enjoy' spending time with your kids?

UB Like it's 1776!

Inside UrbanBaby

UrbanBabyBuzz

combined tuition and childcare (camp, afterschool): 20% of our gross income. Does that sound excessive?

how many kids?

one--this is elementary school, btw

We shell out about 40K and sister pays about 30K. Both kids are in private school and attend a bus camp. Ours is just more "label."

Sounds about what it costs, given you don't have an absurdly high income

is it crazy though? our gros is about $130K

Of course it is. You know that and are just asking for validation hoping we'll all say "nah. It's fine." Well it is NOT fine. It's messed up.

np: but what other option does she have? our gross income is less than $100k and we have to pay around 20% for childcare. there are no cheaper options, period.

I just went through this and realized it's about 66% of my net income. Pretty depressing as I'd like to be home with the kids.

i hear ya. if it weren't for the whole health insurance thing i would at least be working part time.

School is mandatory, camp is not. We send DCs to private school, but they're home with me all summer.

op: great but we both work. Having dc home 3 days per week, at most, is a possibility.

That's us. Childcare alone is about 15-20% of our income. Rent is another 25%.

That's us (school and nanny are 20% of our gross income)

and our gross income is 5x yours!

well--sounds like you may have dc in a private school and pay for a private nanny, which is nice for you--pretty cushy. I work ft, no nanny, do pickup-dropoff-but there would be a private school if I pay this much.

we're at about the same percentage. it's crazy.

^^^otoh, it's for three kids and our income is less than yours. i guess that means it's a pretty good deal.

That's us and our HHI is $400K.

^^^^for two kids

but with you income I'd imagine it's not as tight--you'd still have more $ for vacations and extras.

You didn't apply for financial aid?

yes--this is with financial aid

mine is 30%