'You add up the costs ... and pretty soon you're paying more toward child care than a mortgage, and that's less than ideal'
Ian and Nikki Aguilar were overjoyed when they welcomed a baby girl, Emilia, in July. But when they started investigating day care centers in their neighborhood, the new parents experienced some serious sticker shock.How to look like you know what you're doing at work even when you don't"The cost of day care was a big surprise," says Ian, who found that prices where they live in Jacksonville, Florida, ranged from $1,000 to $1,200 a month.
She and her husband, Dan Vock, a journalist, also have $200,000 in student loans. Gomez is repaying her loans on a 25-year extended repayment plan, they skimp on 401 contributions and still drive a 16-year-old Honda.Their youngest child is in a nanny share, in which two families split the cost of a caregiver. Gomez's base share is about $2,500 a month. But because she and the other family pay taxes, health care and gas reimbursement for their caregiver, the actual cost is greater.
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