The price of daycare is a daunting expense for most parents. Though more and more families have dual incomes, the outrageous prices of childcare have been a big factor for parents when deciding to have only one spouse continue working while the other stays home with the kids.
Fortunately, there are several options to consider that can make childcare more affordable for you and your family.
Living near family can have its advantages, and cheap childcare is one of them. While not ideal for everyone, it is a great way to save money by having someone you know take over watching your children. Offering to pay grandparents, aunts, or willing family members for watching your child throughout the day can be a great incentive, too. Not only is this an affordable way to get childcare, it’s also great knowing someone you personally know and trust is watching your bundle of joy.
Just like with any large purchase you are about to make, it is best to shop around to make sure you are getting the best deal for childcare. Childcare prices sometimes differ from place to place depending on location, popularity, and extras they add on to the price.
If you don’t mind driving a few miles further or not having the most sought-after daycare in the area, it could save you money in the long-run.
Check With Your Job
Talk with your HR department about their options involving childcare. Some companies, especially corporate companies, have in-house childcare options for their employees. They also might have an arrangement with a close-by daycare facility with reduced rates.
Look To Churches and Nonprofits
Churches are another great option for affordable childcare. Some churches offer reduced rates for their members, but they can still be a cheaper option for non-members when compared to regular childcare facilities.
In addition, nonprofit organizations in your area sometimes provide childcare for families with lower incomes. It might be worth it to check these resources out and see if you qualify for their reduced rate childcare.
Childcare is an important decision to make - afterall, your child will most likely be spending about 8 hours a day, 5 days a week there. But with the right planning and turning to affordable resources, it doesn’t have to be as expensive as everyone makes it out to be.
Daycare Spots can help you choose a great daycare in your area. We provide price comparisons, reviews, and other information about each daycare featured on our site to help you narrow down your search.