Is A Home Daycare The Answer For You?

In America today, it takes two incomes in mosthow many children you keep. Childcare costs are
cases to live a regular middle class lifestyle. This ishigh in some areas of the country, while other
due to rising costs of necessities such as housing,parts are relatively low.
power, and insurance and Americans are seeingMany parents prefer home daycares to regular
many non-necessities as needs such as celldaycares because their children get more
phones, cable, and video games.attention, they have the same sitter everyday,
A few generations ago, one income wouldand it costs less than regular daycare. You could
support a family. Dad would work and Mom wouldalso just be a regular babysitter, but many
stay at home and play homemaker. Most peopleparents feel better knowing their childcare
raising families in those generations were muchprovider is licensed by the state. Plus, if you are
more frugal and children were not spoiled. Many oflicensed you are allowed to keep more children.
the things we pay for today on a monthly basisBefore you start a home daycare, you will need
didn't even exist then. How much do you pay forto do some planning and it will take time before
internet, cable/satellite, cell phone plans, bigyou are officially open for business. You will need
birthdays, name brand clothes, video gameto get a license, your home will be inspected, you
systems and video games? If these thingswill need to child proof your home if it isn't
existed back then, most families could not affordalready, and get some extra toys and baby
them.equipment and decide on meal and snacks
A major problem for single parents is childcare.everyday.
Unfortunately many single mothers can not evenThen you will need to decide what you will charge,
afford to work, because childcare would costdraw up contracts which parents will sign and
more than what they would bring home in abegin marketing. Put up fliers, get business cards,
paycheck, leaving them stuck between a rocktell your friends and family to spread the word,
and a hard place.and put an ad in the paper. Some home daycares
The answer for homemakers wanting to helpare filled up soon after opening, while others will
their husbands bring in some money or for singletake time to get established.
mothers who can not afford child careAn example of one successful home daycare
themselves may be a pretty basic idea: Startowner is a single mother who could not afford to
your own home daycare.put her own children in daycare. So, she decided
As long as mothers are working, childcare willto open up a home daycare and is now making
always be a service in demand. This could be an$1,600 a month gross, with the benefit of being
ideal solution for a mother with children whoable to raise her children herself and be with them
wants to stay home with them and bring in aneveryday. She could earn more money because
income. Watch other children along with your ownshe is able to watch more children, but has
children. Your children will have playmates and youdecided to limit her business to watching 4 other
will get paid.children and they are charged $100 a week.
There are basically two things you need to makeHowever, if she wants, she has options on
sure you have before you start a home daycare:earning more money from her business.
1) Patience and love for children.If she worked outside the home, she'd be only
2) A suitable place to keep them.making about $300 per week and would be
This is written under the assumption that youpaying $300 per week for her two children to be
know that watching children all day is hard work!in regular daycare, meaning she'd make nothing
If you live in a cramped apartment, this isn't afor working hard all week. Now, she makes $400
good idea until you move to a better place.per week, doesn't have to pay a penny to put
Parents would like to place their children in a homeher kids in childcare and gets to spend tons of
that has plenty of room and a place outside toquality time with them. With her home daycare
play.income and child support, she is doing well for
What you earn depends on where you live andherself.