So it says you need to make 400k for childcare to be doable. It presumably takes into account the cost of childcare, in addition to other factors.
That being said, I knew folks who quit working to avoid paying for childcare, but it was mainly because spending 30k on childcare when your takehome pay is 35k seemed pointless. I’m not sure I agree with that, though I understand the thought process.
If childcare costs $400,000 then would it be more financially viable to have one parents stay at home and provide care and quit their job/career?
Neither of the parents probably make that much, so if it saves $400k it would save money. If that figure is actually true.
So it says you need to make 400k for childcare to be doable. It presumably takes into account the cost of childcare, in addition to other factors.
That being said, I knew folks who quit working to avoid paying for childcare, but it was mainly because spending 30k on childcare when your takehome pay is 35k seemed pointless. I’m not sure I agree with that, though I understand the thought process.