Rising child care costs

There is no doubt about it, the cost of living continues to rise and unless we take stock of what we can do in our own lives, we'll be swept along with those rising costs. I watched a TV report on child care costs last week. Apparently, in Australia, those costs are about to rise. When I looked into it further online, Australia isn't the only country this is happening in. I found information about rising child care costs in Canada, the UK and USA, I have no doubt that other smaller countries like Australia are feeling the pinch too.

I guess this is a good time to mention the quality of child care. I hope you're not in the position of having to take the cheapest care you can get, regardless. Whoever you choose has to be trustworthy, experienced and reliable. When you have those three necessities confirmed in your own mind, then ask about the cost. But if what you're paying now is at the upper limit of your spending range? There may be possibilities that don't involve child care centres or child care workers you don't know.

Work from home

When I had my babies, I stayed at home to look after them. It wasn't common then but Hanno was earning a good wage, so we had that option. When my boys went to school I was in the fortunate position of being able to work from home and although it was bedlam some days, most of my work fitted in when Shane and Kerry were at school or before they woke in the morning. If you're in a job where you could work from home, and it's becoming much more common now, think about how it would work in your particular circumstances and if you think you could do it, ask about it.

Home business

The internet has provided a means by which many people earn money at home. If you have an idea for a business, want to make money from a hobby or have a friend or two that could pool resources, ideas and effort, you might set up a business and work from home. If you have the business set up in one of your homes and have three or four working partners, maybe it would be wise for one parent to take it in turns to look after all the children while taking the day away from the business. One of the advantage of this is that babies can still be breastfed and see a parent during the day.

Stagger your shifts
Depending on your jobs, you may be able to stagger your shifts - having one parent at home with the children while the other is at work. This might add pressure because everything would have to run like clockwork, every day, but if it did work, you'd still have the double income and be able to care for your children in your own home.

Relatives or friends

Another option is to ask a relative or friend who is at home all day if they would care for your child/ren. Expect to pay for this too, even though it may not be accepted, you should offer. Hanno and I would take care of our grandsons at the drop of a hat if we lived closer and were asked. I would feel privileged to do it, I'm pretty sure Hanno would too. But if the person you ask says no, there should be no hard feelings. Many people who are at home every day have hobbies, clubs and friends that fill their days and sometimes grandparents think they've already been through their child rearing years and don't want to go back. If they say no, accept it with grace and move on to Plan B.

But what happens if you can't do any of the above or simply choose to stay at home with your baby/children? I believe that's the exciting option. I am aware that for many, it is a big emotional and financial commitment to give up paid work and stay home to raise children, but many people do it, and do it happily. In my own family, Sarndra and Sunny both gave up work to look after their babies while Shane and Kerry continued working to bring home a wage. Both couples are renting accommodation and they're getting by just fine. Of course, it doesn't have to be the woman who stays at home with the children, many men find this a satisfying and enriching experience too. If you've been forced into giving up work, see it as a way of taking control of your home and running it cost-effectively while at the same time, improving the quality of your home and your home life. Babies and small children thrive in a warm and nurturing home, and the housework can stop and start according to their needs.

If you're trying to decide whether to go with child care or stay at home, make sure you make your decision with realistic understanding of your own financial situation and how much you actually benefit from working. You have to take into account things like the costs of transport, work clothes and shoes, grooming, lunches, drinks and the convenience foods or takeaways you buy when you're too tired or too late to cook something. Add all those expenses up and deduct them from the amount of money you bring in every week or month. You need to make your decision based on your net wage, not your gross wage. If you're not earning a large amount, when you have to add the cost of child care into your weekly expenses, it may mean it doesn't make good financial sense to work. Or if you're getting by when you have one child, adding a second child care cost might tip the scale. Whatever you do, make sure you do it knowing exactly what you gain and lose with the decision.

And also consider what you'll  be able to save at home when you actively work at cutting costs, shop for bargains, grow some food, cook from scratch, make your own cleaners and laundry products. You'll also be able to monitor your use of water and electricity, make a good work lunch for your partner, recycle, mend, sew for the baby and your home. You might even get into knitting, baking or soap making. All these activities are possible in the average home and are becoming more popular. They're seen now as not only a way of saving money but also eco-friendly and healthy.

So if you're faced with rising costs, start keeping track of the money you spend so you know exactly what your real expenses are, then sit down with your partner and work out how you can go forward. Life is rarely black or white, there are usually options in between that, with a bit of tweaking, will work well for you. When you decide on the way forward, work hard at it so it gives the entire family the best chance of living well. And if you decide that you'll take that giant leap from paid work to staying at home - you, my friend, have a wonderful opportunity ahead of you. Dive in.

Rising child care costs:
Australia
Info about childcare rebates in Australia
Canada
United Kingdom
United States

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