Friday Four: Baby Sitter Money Tips

 

One of my  daughters is a private baby sitter.  She is CPR certified and has taken many continued education classes so she may remain in high demand. She’s a natural! As a big sister to five younger siblings, she’s able to baby sit for moms groups, business meetings, private parties, and now she now assistant other doulas while at the hospital serving laboring mothers.

tbsHaving a quality, trusted, babysitter is very rare. The process of finding one is a headache alone. But when you find one, many wonder, how will they pay for her.

And guess what? It’s only getting higher! While I don’t agree with that, I do believe that a great baby sitter is worth a good penny.

It costs to learn new skills,training, certifications, transportation to and from service locations and it’s also a symbol of  proper expectation.

My daughter charges up to  $12.00.per hour.  Her clients LOVE her. She brings toys, books, loads of energy , experience in autistic, multiples, and newborns. She also hires other teens like her to help as needed. Most people like her prices, everyone don’t. It’s usually the ones that want her, but can’t afford the rate. The comfort and well being of your child will always be your number one priority, but quality childcare doesn’t have to cost an arm and a leg. Follow these tips and find an option that works for your family.

  1. Share Your Sitter- If you are planing on hanging out with your friends, why not share the baby sitting cost. It does a couple of things. It gives the kids an instant play date, and saves each parent money.
  2. Barter- My daughter loves getting her nails done, nice shoes, and great food. If you have any of these things, ask to trade instead of using money. Teens like my daughter will accept. Just ask  first to verify it’s acceptable. With both the teen sitter  and her parents.

According to UrbanSitter’s 2014 Childcare Rate Survey of nine large metro areas, the average babysitter wage paid in New York City is$15.34 per hour while in Denver it’s $10.84 per hour

3. Join a progressive mom group. – Queen City Stay At Home Moms offers discount child

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care rates to their premium members.

4.Take The Credit.     If you use registered child care or pay a babysitter to care for your children, you can deduct at least a portion of your expenses for income tax purposes.

    • Expenses are deductible for the care of dependent children, under the age of 16.
    • Babysitters may be related to you (but not a parent to your child) and must be over 17 years of age.
    • The child care deduction is limited to two-thirds of earned income, or $4,000 a year per child aged seven to 16; $7,000 a year per child under seven years; and up to $10,000 a year for each disabled child.
    • For details of child care options in your area, contact your province’s child care licensing agency.

Bonus- Sign up for a Flexible Spending Account
If your employer offers this option, use your Flexible Spending Account (FSA) to set aside money for child care. You can include up to $5,000 before taxes

caredotcom-babysitter-infographic-2015.jpg
In closing , be strategic! At The Big Sister, most families look for care during the summer. The more affordable and experienced caregivers get grabbed early and day care slots fill up quickly. Start your search soon and don’t wait until the last minute.Well, there you have it! You have no reason to avoid date night away from the house, a business meeting at home ,or a fun Moms Night Out! You can afford it!

PLEASE READ- From Care.Com- Great Area- Fee based Information! 

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