2938: Looking At Our Daycare Costs And Why We Send Our Son To Daycare by Kevin of Financial Panther

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4.5 • 1.3K Ratings

🗓️ 17 November 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2938: Kevin of Financial Panther examines the costs and benefits of daycare, highlighting the balance between time, money, and his child’s social development. By analyzing hourly expenses and considering the non-financial advantages, Kevin emphasizes the value of daycare in providing structure for his family, freedom in his work-life, and enriching social experiences for his son. Read along with the original article(s) here: https://financialpanther.com/looking-at-our-daycare-costs-and-why-we-send-our-son-to-daycare/ Quotes to ponder: "I think some people fall into this trap where they think of every decision in terms of money. In reality, the decisions we make are never just about money." "Children completely change your life. No matter what your situation is, if you have kids, you’re going to have to pay for childcare. You’ll either pay for it with your time. Or you’ll pay for it with your money." "I’m not an expert on childcare by any means, but to me, getting interaction with other kids and developing social skills is a good thing for his development." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:48.2	Looking at our daycare costs and why we send our son to daycare by Kevin Ha of Financial Panther.com.
0:56.0	And I'm your host and personal finance enthusiast, Diana Mariam.
1:00.3	Welcome back to another bonus Sunday episode.
1:03.5	This is where we get to hear from one of the other shows in our podcast network.
1:07.7	And today's comes from optimal relationships daily.
1:13.9	So at that, here's Greg, as we optimize your life. Looking at our daycare costs and why we send our son to daycare by Kevin of
1:24.2	Financial Panther.com. At the end of each year, my son's daycare sends us a PDF that details how much tuition we paid.
1:32.9	It's a helpful bit of information to have.
1:35.2	My family is fortunate to be in a position where we don't have to budget to meet our financial goals.
1:40.2	So, we're always admittedly unclear about how much we've spent in any given category each
1:44.8	year. Outside of our mortgage, taxes, and other fixed costs, I often don't know what we actually
1:50.5	spend on things. Daycare tuition is a fixed cost, though, so I do know exactly what we spent
	...

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