Ways to Save on Childcare
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Ways to Save on Childcare

Posted on Wednesday, February 5th, 2014 at 8:00 am
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 If you're hunting for the perfect solution to balancing cost-effective childcare and quality we're here to help. Whether you’re a working mom or a stay-at-home mother we all need a day off every once in a while! Unfortunately childcare is something that is not only pricey, but it’s something mothers don’t want to skimp on! However, just because a certain babysitter or service is expensive that doesn’t necessarily mean they are better than other alternatives. If you’re hunting for the perfect solution to balancing cost-effective childcare and quality we’re here to help.

How to Save on Childcare

1. Phone a Friend or Family Member

Besides being loved ones friends and family members make great sources of reliable and trustworthy childcare. If you live near family and friends you would trust your children with be sure to ask if they can watch your child. Offer to pay them for their services, gas expenses, or even return the favor! Whatever your friend or family member desires in return is likely to be less than an hourly babysitter. Furthermore, think of the value of bonding with a relative or family friend that your children might not see regularly.

2. Childcare Group

Creating or joining a childcare group is a fantastic option if you know mothers around your same age with children the same age as yours.  Get a group of women together who have similar childcare needs and work out how you can help each other. For example, say there is a group of 3 mothers and a total number of 3 children. Each mother can watch the group’s children one day thus giving the other mothers the day off. Each day a different mother would be responsible for watching the group’s children, or you could even switch off by week. With this option you wouldn’t necessarily need to pay for childcare out of pocket considering every mother would be returning the favor.

3. Advertise on Church or Community Boards

Instead of going with an ultra-expensive and professional babysitting service, try enlisting the help of your young community members. Advertising on church or community boards could give a young babysitter their start in the world of childcare. What is great about this option is that you can interview each possibility and negotiate wages yourself; take experience, age, length of time per babysitting, etc. into account.  If your babysitter applicants are on the younger side be sure to talk to their parents about the job. See if the parent will be present when the babysitter is watching your children and go over your expectations for the job.

 

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.