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Hello how much is too much for one child. Im charging 150 per child and 200 for siblings. I provide everything even diapers and wipes. Is this too much?
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Do you mean that you charge 150 for one child and its only an additional $50 for a sibling? -
Don't cheat yourself, I did and am trying to fix it. Sibling discounts are only for the parents benefit. A line I was given on here says it all You don't offer discounted care so don't offer discounted rates.
Find out what the local norm for rates is and decide if you want to go by a daily rate, weekly rate, etc. If you are providing everything I definately wouldn't give the sibling discount.
In my new contract and policies I will be charging $25 per scheduled day per child. So if the child is here 5 days a week its $125 a week whether the child is here or not.
Hope this helps ya.Comment
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For me, in my area, $150 would be too low. Going rate for reasonable home care here is $175/week.
I have siblings in care and I do not discount the sibling. I don't provide discount care...supplies, food, taxes, ect still cost me the same and offering for $50/week would mean I barely make my costs, let alone get any income from the second child.
For me, I am allowed 5 children regardless of age. With that in mind, a spot is a spot. I could have 5 unrelated children and make some really decent cash, so I don't see the point in discounting for siblings.
My experience is that siblings are more work than singletons too. They bug each other in a way that unrelated DCKs don't.
Also, siblings are a financial risk to me. If they leave then I have two spots to fill instead of just one. If they leave I am out 40% of my income in one fell swoop.
That is why I don't discount sibling care. That is the norm for my area though. What is the going rate in your area?Comment
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Tooooo low!!!!
I would say $200 is minimum per child if they are still in diapers, with you 5 days a week, and you are providing supplies....
My infants are charged $175 and their parents supply everything, that's fairly cheap in my area.Comment
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I dont discount for siblings, only because if/when they drop that is two spots you have to fill at one time. Also they still eat the same amount, require same amount of attention, and use the same amount of everything as non siblings.
Here $150 is going rate for fulltime and $300 for two. You could be nice and offer a sign up special if you are in need of children bad. For 2 months ( or x amount of time) you get 10% off weekly rate. Or some promotion.
Also, i dont supply diaper or wipes here!Comment
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I do a sibling discount because its the norm in my area. There are day care centers here that charge 80 a week per child with sibling discount. Others charge 200 without. Prices for home day care are not as high as centers in my area. My prices are too low I think. I started it out that way and wish I hadn't because I am worth more. I am not looking for any more children but I would up my price if I ever took more. I get 120 for a 4 day week for 2. I provide food but not formula or diapers. This is way too low but in my area you can find child care for around thatComment
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Ad a dad ask me the other day about discounts. They are planning a second child. He said so,... Do you offer discounts on the second child? Normally I would have said,... Sure, which one do you want discounted care for? I can leave the baby in the morning diaper or not feed the toddler? But I said, no. I can't. If I offered sibling discounts it would be the same as you taking a pay cut for doing the same work. Are you willing to give up 1/3 your check and put in the same effort? He took a breath, smiled and said, no I guess I hadn't thought about it that way. I told him that if I was forced to offer sib discounts, I would not offer sibling care.Comment
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bravo laundry mom,
I love the way you think. Sibling discounts was the dumbest decision I made.
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I look at it this way. I am allowed only 4 children in my home. I couldn't afford to discount care here. So I don't. My parents understand this. They don't ask if I provide a sibling discount. I already allow them to not pay for days a child isn't in care and as of Jan. 1st I will be changing that. I need to be able to depend on my income. Just as parents depend on me to be reliable and professional in my care. I ask the same from them. As far as supplies goes I ask parent to provide all that. It cuts down on arguments on what brand I use or them telling me what they'd like there child to have. So I leave that to them to provide diaper, wipes, formula, sippy cups, burp clothes, blankets. Things that are used only for their child. I don't ask for a registration fee so instead I ask parents each month to donate something for the daycare. In a way I see this really taking affect in care. All the parents are now participating and you know what...I think they really love it. It gives them the since there helping out and not just for me but there doing something wonderful as a whole for the group. I try in soooo many dif. ways to make up for the cost in care...to make it worth it for the parents so they don't question the price of care. By the way in AZ right now care is about $125 a wk full time to $150. I only charge $125 a wk. So I try to make it affordable but def. not on the low side of care bc I'm worth it.
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It depends where you live. Here 165-200 is a average rate but there is no way I would take two kids for only 50 more. For siblings I would subtract 50 a week off the second child and that is generous. They pay the same every week if they show or not.Comment
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it probably depends on where you live. Where I live, we supply diapers, daycare supplies all food, and $200/week is a steal. Centers go for $350-400 a week and don't supply food. Home daycares are around 200-300/week for an infant (under 2)Comment
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