S.S. asks from Saint Johns, MI on June 15, 2010
What Would You Charge?.........
I have a question ladies. I'm contemplating babysitting and I have NO idea what to charge! There will be 3 children, approximate ages: 3, 6, 10. I'll have them for about 6 hours a day, but there is a possibility that on some days it may be later. By the way, the little one is potty trained. I really am at a loss and I want to be fair. Any help would be greatly appreciated!
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S.M. answers from Lansing on June 17, 2010
NOTE: Just a little something...all of these suggestions are great..excpet, The people you are babysitting for CAN write off paying you for daycare regardless if you are licensed or not...BUT you must have claimed it as income if they are planning on writing it off on their taxes...something that you both need to agree on before hand so that you both know what the other is doing.
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F.H. answers from Phoenix on June 15, 2010
Just an FYI, that's considered a "home daycare". Be very careful. I know a lot of mom's do it but its a huge liability issue for you and most homeowners insurance companies will cancel your insurance if they know you are watching kids from your home. Good luck!
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S.H. answers from Honolulu on June 15, 2010
You will need to also, decide, if you will charge per hour or a flat monthly rate. Keep in mind, that with a flat rate, they pay at the beginning of the month and REGARDLESS if they show up or not, vacations or not, sick or not, etc. Because... you are RESERVING their time-slot and your time, for them. So they pay for it... regardless if their child(ren) are there or not.
That is what is done.
That is what I did as well as most all childcare providers.
You need to make out a "contract" stipulating this/your rules/liability releases/sick policy/ etc. You can find templates online.
And have them sign it.
The general rates are $10 per hour. Low-end. Or a flat rate. But then you will have to keep track of the time/hours. AND, if parents are 'late' in picking-up their kids... then usually, care providers charge for that too... if say the person is at least 15 minutes late, in picking up their kid.
If you are babysitting, those 3 kids plus your own... then, that is a lot of kids. Really think if you can manage that.
AND... if you will be paid by check or cash. AND, that if you are NOT 'licensed" the parents CANNOT claim you/their child-care costs on their taxes.... so, how will you explain this if the parents ask?
all the best,
Susan
2 moms found this helpful
J.L. answers from Minneapolis on June 15, 2010
Check with a nanny or baby sitting service in your area and see what the going rate is, and take it from there.
C.L. answers from Fresno on June 15, 2010
I would ask for $10-$12 an hour or $25 a kid per day. Those ages are fairly easy.
M.B. answers from Colorado Springs on June 15, 2010
$9 an hour since the 6 and 10 yr old will be pretty self sufficient.
E.M. answers from Denver on June 15, 2010
Totally depends on where you live. I make $15 hour and I bring my own two kids but I know that would be considered very high for some places. Check Craigslist and you'll get a feel for the going rate.
J.C. answers from Anchorage on June 15, 2010
I would check around at what the going rate for daycare is in your area, and charge something similar.
S.M. answers from Lansing on June 17, 2010
NOTE: Just a little something...all of these suggestions are great..excpet, The people you are babysitting for CAN write off paying you for daycare regardless if you are licensed or not...BUT you must have claimed it as income if they are planning on writing it off on their taxes...something that you both need to agree on before hand so that you both know what the other is doing.
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