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3. Arranging child care


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Arranging child care. “Who should provide day care for my child?”

When having a child parents often want the option, or out of economic necessity must choose, to use an outside provider for the care of the child while a parent works. This is often a very difficult decision for parents as they are often entrusting care of their child to someone unrelated.

Once parents’ have decided that an outside provider is right for their family, an important consideration in choosing the right option is child care cost. A big question is what level of service do you receive for the child care cost charged?

The following subtasks may assist you in arranging child care. You will find detailed resources for these subtasks under the links in the right column of this page.

Subtask 1: Consider grandparents or other family members for your child care

Subtask 2: Select a professional childcare provider

Subtask 3: Know your rights in regards to obtaining childcare

Subtask 4: Understand the tax impacts of child care expenses


Having a Child Tasks

1. Protecting against risk
2. Updating your estate plan
3. Arranging child care
4. Revising your spending plan
5. Saving for your child’s education

Arranging child care Subtasks

1. Consider grandparents or other family members for your child care
2. Select a professional child care provider
3. Know your rights in regards to obtaining child care
4. Understand the tax impacts of child care expenses

Permanent link to this article: http://napfafoundation.org/financial-help/having-a-child/3-arranging-child-care/