Jump to content

How much of your take home pay goes towards childcare?


  • Please log in to reply
63 replies to this topic

#1 aztecblue

Posted 12 November 2012 - 10:27 PM

Just curious.

Mine, as of this week, is 18% (3 days LDC, 2.5 hrs private nanny). Last week it was about 10% (2 days LDC only).

Edited by mumto1boy, 12 November 2012 - 10:27 PM.


#2 Jupiter123

Posted 12 November 2012 - 10:34 PM

About 40-45%

5 days FT LDC.



#3 Ms.Nolte

Posted 12 November 2012 - 10:44 PM

43% - 5 days LDC

I think I make a fairly good salary, but we don't get any childcare benefits due to the VISA we're on, and so pay full price.

It makes me sad that we'll have to re-evaluate when we have #2. I'm fairly career driven and don't think I'd fair well as a SAHM (past my 1 year mat leave). But I could not handle working to lose 86% of my net salary with 2 kidsin LDC.

#4 Ducky*Fuzz

Posted 12 November 2012 - 11:40 PM

A friend takes home $200 a fortnight after childcare!!

The system really is horrendous.

#5 knottygirl

Posted 12 November 2012 - 11:45 PM

about 5% for 2 days LDC plus i pay my mums fuel as she minds the kids a fair bit too.

#6 fizzy19

Posted 13 November 2012 - 12:03 AM

about 40% for 2 kids ldc 2 days a week. Plus one child before and after care 2 days a week.

#7 YodaTheWrinkledOne

Posted 13 November 2012 - 12:15 AM

Upfront cost is about $600/week (2 kids).  But every 3 months we get a few grand back.  It's enough to make it worthwhile that DH and I both work.  If it wasn't, we'd have to talk about who would stay home.

#8 Feralishous

Posted 13 November 2012 - 02:20 AM

childcare is 2% of our income (1 child in LDC for 2 sessions (9-4) once a week)

#9 Penguin78

Posted 13 November 2012 - 02:31 AM

QUOTE (~*MESS*~ @ 13/11/2012, 12:40 AM) <{POST_SNAPBACK}>
A friend takes home $200 a fortnight after childcare!!

The system really is horrendous.


How is getting 50% back or $7000 covered by government 'horrendous'? Seems like a good deal to me.

#10 knottygirl

Posted 13 November 2012 - 02:47 AM

QUOTE (~*MESS*~ @ 12/11/2012, 11:40 PM) <{POST_SNAPBACK}>
A friend takes home $200 a fortnight after childcare!!

The system really is horrendous.



that really doesnt say much.  If your friend is working 1 day a week, then thats not so bad?  

If you are talking full time, then i really dont see how thats possible?

Lets say, as a worst possible case, she had 2 kids in full time long day care and qualifys for 0% CCB and only the 50% CCR and earns minimum wage.  

2 kids in full time care with CCR is $750 a fortnight.  Minimum wage is currently about $1200 a fortnight?  So she must be getting more than $200 a fortnight take home.  

Plus to qualify for no CCB, her partner would have to be earning a very high wage, in which case, why would she work full time at minimum wage?  

If she WAS working full time at mimimum wage, and only getting $200, why would she bother?  FTB part B is $130 a fortnight, and single income familys qualify for that, so for the sake of $70, wouldnt she just stay home?  Unless her partner is earning over $150k a year and they dont qualify for FTB B, but if he was earning that much, would they really be struggling that bad that they need her to provide $100 a week?

I think your friend just likes a pity party personally and is trying to make her senario sound bad.

#11 Mrs Dinosaurus

Posted 13 November 2012 - 06:09 AM

I work 3 days a week, have LDC for 3 days for my 3yo and a private nanny for 2 days for my 1yo (I work one day from home and spread it across 5 nights!)

My work at the moment is 'just for fun' we barely break even on my wage, however I struggle to be at home f/t and we agree the short term pain is worth it long term for both my career and happiness.



#12 whale-woman

Posted 13 November 2012 - 06:24 AM

QUOTE (Penguin78 @ 13/11/2012, 03:31 AM) <{POST_SNAPBACK}>
How is getting 50% back or $7000 covered by government 'horrendous'? Seems like a good deal to me.


Is 50% of the first 7000. For me that works out I get back 50% if I send Dd 3 days a week. If she was to go 4 or 5 days I'd be paying the full rate for those later days. It's not worth me returning to FT work because of this. I think Childcare costs should be fully tax deductible. The govt ultimately loses tax $ by only providing an incentive for parents to work part time.

#13 kadoodle

Posted 13 November 2012 - 06:38 AM

When I've had all my kids in OHSC and CC, I've made a net loss.  But I have four kids.  Usually I work around school hours and nap times, after bedtime and with kids underfoot.

#14 cinnabubble

Posted 13 November 2012 - 06:41 AM

One child two days a week LDC paying only the balance after CCB and CCR is about 9%. Much more and my partner would have to give up work.

#15 strawberrycakes

Posted 13 November 2012 - 06:51 AM

I am left with less than $100 after daycare has been paid sad.gif  It's only for a few more months until DD goes to school then I wont have any daycare fees.

#16 lozoodle

Posted 13 November 2012 - 06:56 AM

Out of just my salary? For a total of 5 days of LDC (3 for DD1, 2 for DD2) its 18% of my salary.

I don't get any childcare benefit etc, but I do get the 50% child care rebate. I'm fortunate enough to be left with about $800 after childcare.

If I was left with any less I really wouldn't bother as I'd be better off working 3 days a week as I am very lucky and have family support on those days, so it would work out pretty much the same money in my pocket.

Edited by lozoodle, 13 November 2012 - 06:57 AM.


#17 lozoodle

Posted 13 November 2012 - 07:10 AM

QUOTE (Penguin78 @ 13/11/2012, 03:31 AM) <{POST_SNAPBACK}>
How is getting 50% back or $7000 covered by government 'horrendous'? Seems like a good deal to me.

I agree with this, we are pretty lucky in terms of child care rebate.

#18 aztecblue

Posted 13 November 2012 - 09:39 AM

QUOTE (knottygirl @ 13/11/2012, 03:47 AM) <{POST_SNAPBACK}>
2 kids in full time care with CCR is $750 a fortnight.  Minimum wage is currently about $1200 a fortnight?  So she must be getting more than $200 a fortnight take home.



I dont think thats correct. 2 kids in full time LDC care would cost way more than $750 a fortnight. In metropolitan Sydney, average LDC day cost is $100. Given that CCR is capped at $7,500pa, this means that the 50% discount only applies to a maximum of 3 days and the 4th and 5th day would be the full price of $100. So thats $700 per week for 2 kids with CCR, or $1,400 per fortnight per CCR.

Even if you live in an area where daycare is much cheaper, if you have 2 kids in daycare 5 days I don't see how you would only pay $750 per fornight.


#19 Ally'smum

Posted 13 November 2012 - 09:54 AM

We start next year and I haven't worked out how much of net salary it will be.


LDC costs $110 per day, but that is $5 extra as we are doing a music class. I don't know what we will qualify for in terms of CCR and CCB but if it is too expensive I will pull her out when I am on mat leave.

I have a friend who makes $5000 per year after paying her nanny. She brings home $55000 after tax and the nanny is paid $50000. She moved to Melbourne in a hurry for her husband's job, got offered a good job herself, then couldn't get childcare anywhere.

She questions every day whether she is doing the right thing by working, I don't think I could live with the stress, not worth it for that amount of money.

I don't know why there isn't a rebate for nannys?



#20 Guest_- Poppy -_*

Posted 13 November 2012 - 10:01 AM

If I worked almost all would go to childcare and because my DH is on a good wicket I wouldnt get much back, so its just not worth it at the moment!

#21 Ally'smum

Posted 13 November 2012 - 10:04 AM

Just thought of something else. For some people, even if you are not making much/anything, you are still getting super and you are keeping yourself employable.

Your earning capacity would decrease if you stop working for a few years, so this is one way of maintaing or increasing it. Plus the sanity.

#22 Blossom73

Posted 13 November 2012 - 10:04 AM

At the moment, about 2/3rds of my net monthly pay goes to childcare (LDC 3 days per week, plus nanny 1 day per week). I expect that will drop once I can get an extra day at daycare, but had to pick up an extra day at work on short notice and no LDC days were available.

Love the nanny, but after rebate, one day of nanny is worth 3 days of LDC. On a purely financial basis, its prohibitive.

#23 StudyMum

Posted 13 November 2012 - 10:33 AM

Taking into account the rebate (CCR, no CCB) 2 children in LDC equals 48% of my take home wage.

That will go up though once I return to work from maternity leave to about 70% (2 in fulltime LDC and 1 in OHSC).

#24 Lynneghl

Posted 13 November 2012 - 10:55 AM

2 in FT LDC, 1 in OOSH 1 day a week, works out at about 45% of my wage, I also get back 2.5 K in CCR every three months.

#25 Illiterati

Posted 13 November 2012 - 11:03 AM

Last year I paid about $750pw. This year it is $400pw as all 3 are in school so I just pay of outside hours school care. I am a single parent so it is only my salary that covers it.




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

 

Recall: Another cot deemed unsafe

Parents are being warned to check their baby's cot is not one of those which have been recalled in recent weeks due to safety concerns.

The truth about breastfeeding and weightloss

Celebrities often state that their post-baby weight loss is down to breastfeeding, and breastfeeding alone. But that's not the reality for all women.

10 weird things little kids do

Most kids have their own personal brand of oddity. It's usually nothing to worry about, but every now and again you might find yourself scratching your head and asking, ?Really? Is that really a thing??

The app that helps detect signs of autism

Parents can assess their children's progress at critical developmental stages, thanks to this new app.

Long battle to learn the truth about Ariana's birth

Cerise and Tim Lawn spent two years fighting to find out how a healthy pregnancy turned into a nightmare birth, and why their daughter now suffers from disabilities she shouldn't have.

Christina Aguilera announces daughter's name

Christina Aguilera and her fiance, Matt Rutler, have welcomed their daughter into the world.

Couple caught in surrogacy crackdown

An Australian couple caught up in Thailand's surrogacy crackdown have said many parents are distraught and facing dire financial difficulties as are they are unable to bring their surrogate-born babies home.

'Tired' mum dies of undiagnosed diabetes

New mum Nicky Rigby thought her exhaustion was due to the demands of looking after her baby. But the 26-year-old was seriously ill with diabetes, and died due to her condition not being diagnosed.

5 co-sleeping myths busted

In case you are co-sleeping with your baby, and all the ?helpful? advice from others is sending you down the slippery slope of self-doubt, let?s bust a few myths on the topic.

When pregnancy takes you down memory lane

One mum-to-be discovers pregnancy hormones can give rise to some surprising emotions.

What?s your love language?

The secret to making your partner feel special is to know which language of love they favour ? and it?s the same for your kids, too.

Returning to exercise after a caesarean

I had my daughter four months ago via caesarean, and I want to get back into exercise. What are some good first steps I can take?

20 signs of a great relationship

The secret to a perfect relationship is admitting you are wrong after an argument, five kisses a day and sex twice a week, a new survey suggests.

Video: emotional 60-second Robin Williams tribute

Take a minute to remember some of the greatest films of your childhood ... and have a few tissues close at hand.

The realities of escaping domestic violence

?Why doesn?t she just leave?? is the common question people ask when trying to understand domestic violence. For many, leaving the relationship is far from straightforward.

Win back some precious time and get FREE coupons

Membership to eBay's Bubs? Corner is free and includes a $10 coupon to spend on nappies each month - a win for multitasking mums!

Download now: Essential Kids Activity Finder app

Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Win back some precious time and get FREE coupons

Membership to eBay's Bubs? Corner is free and includes a $10 coupon to spend on nappies each month - a win for multitasking mums!

Do you suffer from Precious Firstborn Syndrome?

Testing ?no more tears? shampoo in your own eyes, warming cucumber sticks so they're not cold straight from the fridge, waking a sleeping baby to check they?re still breathing: these are all symptoms of Precious Firstborn Syndrome.

Ezra's tragic death not in vain, mum says

Little Ezra was a "Harry Houdini" who loved trying to escape the family home. Now, after his tragic death, his parents are doing what they can to help others.

7 mistakes old hands make with new babies

As I sat across the table from my friend ? me, a seasoned mother of three; her, a brand new mum ? I thought of all the mistakes an old-hand parent can make when visiting a newborn baby.

Video: When adults act like children

Ever wondered what would happen if adults were allowed to act like children? This dad's hilarious video clip will give you an idea of what life would be like.

Mums hit hardest as flu cases skyrocket

The number of confirmed cases of influenza in Australia has doubled the number for the same time last year - and women are 25 per cent more likely to get it.

The mum who had four babies in nine months

Feeling exhausted due to the demands of caring for a baby? Imagine the life of this mum, who gave birth to three boys and one girl in just nine months.

Everything baby at Big W

Lowest prices on everything baby, only at Big W. Sale starts August 4 and ends August 20 2014.

Smiggle is painting the town red!

We have 3 Red Smiggle prize packs to give away! Enter by posting a photo of something red to your Instagram.

Mum gives birth at school

Whether they're out of favour traditional names, or the parents were a little creative, here are the least popular names of 2013.

Personalised baby gifts

We've scoured the internet to find gorgeous personalised keepsakes and nursery decor to record baby name and dates. They make great gifts for christenings, name days and birthdays! (All prices in AU.)

 

Mind, body, beauty, life

Making time for me

We look at your wellbeing, covering health, relationships, beauty and fashion, mind and body.

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.