Tuesday, May 15, 2012
Rising Childcare Costs
Childcare has never been cheap, but it may be more expensive now than it has been in the past. According to the National Association of Child Care Resource and Referral Agencies (NACCRRA), childcare costs have increased twice as fast as median income in New York since 2000. For many families, childcare has become cost-prohibitive, and they must look for alternative methods of caring for their children.
Many families have found that babysitting co-ops are a great no-cost alternative to traditional daycare. Although most co-ops don't cover enough shifts to provide childcare for a full 40-hour work week, they can be used as a partial childcare solution or as total solution for parents who work part-time or run their own businesses out of their homes.
For more information on babysitting co-ops, check out our Co-op 101 section, or fee free to contact us.