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 Marty McFly

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 IShallWearMidnight

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

 

How to talk about your pregnancy at work

The workplace isn't always a friendly place for pregnant women. Yet working women inclined to conceal a pregnancy from prying coworkers may be better off opening up and carrying on, according to a new study.

Tell us your story to win!

To celebrate Mother's Day this year we are giving you the chance to win one of five great prizes simply by telling us your story.

Where to get help to help your baby sleep

There is so much pressure about having a baby who sleeps 'all night' , it's no wonder you worry about your baby if she wakes in the night.

Vintage baby names having a comeback

What makes some names have comebacks while others silently fade into oblivion? A few factors come into play.

When your partner doesn't want you to breastfeed

Dads can have many reasons for not wanting their partners to breastfeed their baby, but both parents should learn more about it before making a final decision.

Model mum Sarah Stage shares post-baby selfie

Most new mums would recoil at the thought, but Sarah Stage has shared a post-pregnancy selfie just four days after giving birth.

I'll admit it: I have last child parenting fatigue

If you're a new mum and feeling ignored by the older mum/the old hand/the has-been, please know, it's not you, it's me. Blame the last child parenting fatigue.

Exhaustion is not the same as tiredness

Having a new baby isn't tiring - it can be downright exhausting.

Five posterior babies, four home births

I was on a high. I'd done it all by myself with no help from anyone.

Mum's list of birthday gift demands goes viral

We're big fans of kids' birthday parties - but this is one bash we're glad we didn't get an invite to.

Kate Middleton to receive 'loyalty discount' for second birth

Everybody loves a bargain - including the Duchess of Cambridge.

Fish & chip shop owner's sad note goes viral

A lengthy note put on the window of a fish & chip shop has gone viral due to the writer's serious doubts about the romance of travel.

Pregnant women need good nutrition advice, not judgment

Pregnant women are under pressure to do all the "right things" to have a healthy child. It results in women feeling judged about their decisions.

When your child wants you to have another baby

Giving your child a sibling when you don't want to have another baby can be a complex issue.

William Tyrrell's mum speaks out: 'We hope he is still alive'

The mother of missing toddler William Tyrrell says she has a vision that somebody "picked him up and moved him on ... that's the only way ... to explain for him not to be there".

Family comes first for 23-year-old Tommy Connolly

Most 23-year-old blokes spend their hard earned cash on fun times with mates or romantic dinners with their girlfriend, but not Tommy Connolly.

Newborn all-girl quintuplets 'doing great'

The first all-female quintuplets born in the United States were delivered last week, at 28 weeks and two days.

Model mum's big baby silences critics

He may be less than a week old, but baby James Hunter has already helped his model mum silence her critics.

Jammy, Hula Hoop, Rage: Reddit reveals most unusual baby names

A recent Reddit thread has revealed some of the more creative names in the world.

Woman awakens from coma, learns she gave birth

A US woman awakened this week from a four-month-long coma that doctors had feared would be permanent and learned that she had given birth to a baby boy, according to her family.

'Give us a break': mum sent shocking letter over Facebook baby pics

Posting a lot of baby photos doesn't make you a bad person. It may make your Facebook feed a little irritating, but it doesn't make you a bad person.

In defense of the dads who do so much

It's time to shift the focus off what dads aren’t doing and shine it on what they are.

The modern cloth nappies too cute to cover up

If you're only just joining the modern cloth nappy movement, or would like to spruce up your collection, we have to introduce you to Designer Bums.

How breastfeeding can affect your libido

When you’ve just had a baby, having sex isn’t usually top priority. In fact, for a lot of women it rates about as appealing as changing another dirty nappy.

Should pregnant women be allowed to use 'parent and child' car parking spots?

Is it acceptable to use these car parking spots when pregnant? How many of us would admit to doing it?

Healthy baby from sperm taken 48 hours after a man died

Fertility doctors have described their "most extraordinary case" - creating a healthy baby from sperm taken 48 hours after a man had died.

Sign up to our 30 days of #PlayIQ challenge

Sign up to receive 30 amazing tips and ideas for play with baby during the month of April and submit a picture or tip on our social wall for a chance to win an amazing Fisher-Price prize pack.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Last chance to win a year's supply of toys

You have less than a week left to win your child one of five Fisher-Price toy packs valued at over $600 each - hurry, enter today!

Childcare is a big problem, but there's more to it

Let’s keep talking about these issues and not allow them to be put into a neat little box that’s labelled ‘Fix childcare and everything is solved’.

Pink's awesome response to body-shaming trolls

When trolls felt the need to comment on 35-year-old singer-songwriter Pink's weight, her answer was an awesome ode to body love.

Fertility clinic offers egg donors $5000

A national chain of fertility clinics is offering egg donors a $5000 payment to cover their expenses, a first for Australia which is raising concerns the money could act as an inducement.

Baby boy abandoned in India amid fresh surrogacy concerns

Australian officials could do nothing to stop an Australian couple from abandoning their baby son, born through surrogacy in India, after they decided they did not want to bring him to Australia.

Herd immunity and community responsibility: how free-riders can make kids suffer

Individual choice works for haircuts and handbags, but not for preventing infectious diseases that kill kids.

Photographer captures 'unexpected beauty' of birth

If there is one thing Leilani Rogers knows about childbirth, it is that no two deliveries are ever the same.

Expectations vs the reality of making a toddler's clothes

Note to self: less sewing, more life. Not the party dress, but the party. The toddler, as usual, has it all figured out.

Mum meets 'dead' daughter 49 years after birth

In 1965, Zella Jackson-Price was told her premature baby girl had died shortly after birth.

How pregnancy probiotics can help you and your baby

New research suggests that taking specific pregnancy probiotics could be the answer to a range of common pregnancy side effects.

53 creative pregnancy announcements

Announcing that you're expecting can be a time to express your creativity, sense of humour and imagination. Check out how other parents and parents-to-be have broken the news to friends and family.

IKEA hacks for the nursery and kids' rooms

Are you one of those that know the whole IKEA catalogue by heart? Love their stuff but want to personalise it? Here's some inspiration to help you realise the potential of IKEA furniture and fittings.

36 baby names inspired by food and drinks

A French court may have ruled out Nutella as a baby name, but that doesn't have to stop you from taking inspiration from the supermarket (or bottle shop). See what parents in the US have chosen for their delicious little ones.

 

ENTER NOW!

Win a year's worth of toys

Last week to submit a picture of your baby at play for your chance to win. Visit the Play Wall to view our recent entries.

 
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.