"I mean it's one child, Michael. How much could it cost? Five thousand dollars?"
this post was submitted on 24 Apr 2025
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Remember all the garbage about welfare queens? I thought this was something that was morally wrong in the 90s to support people who have kids?
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(1 replies)
40k/year sounds premium. But what little do I know, I am German and pay about 3k/year for a very nice Kindergarten.
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What’s stopping communal childcare from becoming a thing again? This is how working parents did it for thousands of years.
The grandparents who would have been available to watch the children are still working at 65 because they can't afford to retire.
Well luckily this won’t be a problem since we won’t have the money, space of career stability to have kids until we’re 40 anyway. By then they’ll have no choice but to retire.
I imagine a mix of the already diminished size of extended family units, and the liability implications if it's outside your own family unit.
You're essentially just describing an unlicensed daycare if it's not a family member, and those exist.
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A lack of communities. Communal child care works great when you live in a village and you know everyone and most people around you are related to you.
We don’t have that anymore. People live in suburbs where they don’t even want to talk to their neighbours. Their relatives live far away, potentially in other provinces/states or even other countries.
Heck, a lot of people don’t even like their own relatives!
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(6 replies)
He is rich and has no reference for the price of everyday items
Think of how many bananas you could buy with $5k.
"It's raising a child for ~20 years, Michael. What could it cost? 5k?"
It's one year of daycare, Michael. What could it cost? $5000?
Where is all this daycare money going? My daycare was like 8 ladies that just sat around in a playroom doing arts and crafts with us all day and took us to the pool and library in summer. They could have covered that on 2/3 kids each at 40k a year/kid. They didn't seem to be particularly well off...
This might give some clues: https://nwlc.org/wp-content/uploads/2024/06/Two-Pager-Understanding-Private-Equity-in-Child-Care.pdf
It’s amazing how they get away with paying so little. My field is adjacent, and I’ve been open to working with elementary age, but the positions I see as “master teacher” at daycares are usually around $9-10 an hour - what I was making working at a fast food restaurant in 2015.
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Do we get to choose how it’s distributed? Here are some fun options I came up with.
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$13.69 per day for a year. (Nice). About $419/month. Maybe they could round up to $420 because they stale internet meme culture is hip
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$0.76 per day for 18 years. A guaranteed $22.80 per month for an entire childhood
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$5000 lump sum. I can’t find any widely accepted figures for average out of pocket cost of prenatal care, child birth, and infant health visits. I’ll wild ass guess it a at covering 20-75% of those visits for people who have insurance. For people without insurance, looks like an uncomplicated vaginal birth averages $14k. But again huge variations in price