Finding a child caregiver is mandatory for working parents. However, many of them get worried of the financial challenges they have to face with childcare expenses. If you are one among them, then read on further to reduce child care costs.
Hiring a nanny or a babysitter for your kids is very expensive. The cost for the child care can be reduced by hiring a shared nanny. When you have friends who also need a care-provider for their kids, then you can share a nanny which reduces the cost. Even a babysitting co-operative helps you cut down the costs associated with childcare. You can arrange a committee and look after the kids of the members whenever required. This is the best option instead of spending more amount on babysitters.
Relative childcare is the other reliable option for reduced childcare costs. You can arrange your relatives to look after your kids. It can be free or at least include lesser costs compared to the costs associated with nanny hiring. Find some neighborhood children who are interested in providing childcare services and use them as mother’s helpers.
There are many community programs which offer daycare services at low cost. Even certain public school pre-kindergarten programs are free or cost minimal. Seek benefits of a child care flexible spending account if your workplace provides this option. It allows you to pay for the child care with pretax dollars. Check if your company provides any arrangements with childcare facilities with some discount on the cost of the childcare. Flexible working hours, changing working shifts and changing jobs are the other options you can look for, to get childcare at minimal cost. Find which one is better and suitable for you and go along with it saving your childcare costs.