https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Thu, 14 May 2026 15:26:33 +0000 https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257849 Fri, 07 Aug 2015 11:55:32 +0000 Truth Bombs 2257849@https://boards.hellobee.com/ <p>I assume activities will be a wash because we are already doing those on top of day care costs. But we will have to factor in after school care. Whatever the surplus is will go into the kids college savings accounts. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257811 Fri, 07 Aug 2015 11:25:18 +0000 Mrs. High Heels 2257811@https://boards.hellobee.com/ <p>We looked into the cost of afterschool care once the kids enter the public school system, and the difference between afterschool care and our full-day daycare costs is actually not that significant because our daycare rate is really good and afterschool care is expensive for what you get. I see the rest of the money easily going to activities, summer camps, clothes, school supplies, food, etc. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257703 Fri, 07 Aug 2015 09:21:36 +0000 BabyBoecksMom 2257703@https://boards.hellobee.com/ <p>We aren't there yet, but from what I've heard, it just means that money will be spent other places (after school care, extra-curricular activities, etc.) I personally find that hard to believe because we're paying about $2k per month for daycare right now. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257659 Fri, 07 Aug 2015 08:55:57 +0000 Smurfette 2257659@https://boards.hellobee.com/ <p>We already said we will then make payments the same payment to a college savings and regular savings account instead. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257652 Fri, 07 Aug 2015 08:53:38 +0000 Adira 2257652@https://boards.hellobee.com/ <p>@looch: This is our plan too. </p> <p>We'll take whatever the difference is between daycare costs and the school costs and put that into their 529s. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257639 Fri, 07 Aug 2015 08:42:56 +0000 ladybee 2257639@https://boards.hellobee.com/ <p>@wonderstruck: same. We are living budgeted right now and that's only with one in daycare. I know two will only be worse. </p> <p>When both kids are done with dc we will sell our house and buy one in a better school district. We actually hope to do that before the oldest goes to school with some help from my parents. Our savings and college funds are at a stand still as well so we will add to that. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257620 Fri, 07 Aug 2015 08:31:19 +0000 Mamaof2 2257620@https://boards.hellobee.com/ <p>DS is starting 1st grade in the fall but we will still have before and after care fees - so its been slowly going down the past 2 years but I never seem to have "extra" money.</p> <p>In Sept I will be saving $300 a month and my plan is to move that to my savings every month just as I would if I were still paying that bill. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257613 Fri, 07 Aug 2015 08:27:13 +0000 Mrs D 2257613@https://boards.hellobee.com/ <p>So...for us (assuming we stop at #2) this will coincide with DH finishing paying off his student loans. Combined with DC that will be almost a $3K influx of extra money....holy cow I cannot wait!</p> <p>I imagine we will add to our 529's at that point and DH will start maxing his 401K (currently I max and DH does the minimum to get his employers contribution). This is also around the time we will likely start taking some bigger trips with the kiddos - so we'll save more towards that! </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257612 Fri, 07 Aug 2015 08:26:58 +0000 su9su9 2257612@https://boards.hellobee.com/ <p>We are almost there, starting next month! You are right, the activities will cost money, but it is still a good chunk of savings. Maybe we will be even more aggressive with paying off our house, or maybe just put more in investment. We already do max out our 401ks, IRAs, and such. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257601 Fri, 07 Aug 2015 08:16:46 +0000 catlady 2257601@https://boards.hellobee.com/ <p>We aren't there yet but we are most likely going to use the money to help us get a bigger home. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257595 Fri, 07 Aug 2015 08:12:17 +0000 looch 2257595@https://boards.hellobee.com/ <p>It will go to college savings. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257580 Fri, 07 Aug 2015 07:56:12 +0000 wonderstruck 2257580@https://boards.hellobee.com/ <p>Honestly for us we'll just be able to have some breathing room financially. Our saving accounts/401ks/stocks/etc are pretty much at a standstill as we get through the years of two in daycare. Looking forward to having money to put in savings, take vacations, not budget out for every little thing I want to buy myself, etc.</p> <p>I should note though that it's more extreme for us because I'm finishing my degree and I'll graduate and be working again around the same time my oldest finishes daycare. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257097 Thu, 06 Aug 2015 18:18:19 +0000 blackbird 2257097@https://boards.hellobee.com/ <p>Pay towards my future acquired student loans, new cars, third baby, and savings-529, retirement, padding the nest egg..... </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2257015 Thu, 06 Aug 2015 17:07:29 +0000 sunny 2257015@https://boards.hellobee.com/ <p>We aren't there yet, but I think we'll end up spending a portion of it on extra activities (music/dance lessons, summer camps) and then we'll be able to accelerate our savings--either retirement, college or otherwise! Woohoo! </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2256992 Thu, 06 Aug 2015 16:48:57 +0000 MamaBehr 2256992@https://boards.hellobee.com/ <p>Well, we won't have an influx of money because no more daycare, but I GET TO GO BACK TO WORK!!! eee! I'm very excited and we'll feel like we have so much extra money! Of course I'm pregnant with our last, so we have a good five years, but it is coming :) </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2256987 Thu, 06 Aug 2015 16:44:35 +0000 kodybear 2256987@https://boards.hellobee.com/ <p>I'm not there yet either but I can't wait for the day when there are no more daycare payments! It's def like a second mortgage payment and we live in a high cost of living city! Bleh. We do plan to stick most of their daycare tuition into the kids 529 accounts tho. So we won't be seeing much of it for a long time. womp womp. It will make me happy to see it going into their higher education tho. </p> https://boards.hellobee.com/topic/how-did-your-budget-change-when-you-didnt-have-to-pay-for-childcare-anymore#post-2256973 Thu, 06 Aug 2015 16:35:10 +0000 DillonLion 2256973@https://boards.hellobee.com/ <p>LO turns 3 in late fall, so we have a few more years of daycare to pay for before she is old enough for kindergarten. I'm so glad she is in a great place and learning a lot, but I am looking forward to not writing the equivalent of a second mortgage payment each month. </p> <p>I keep imagining this huge influx of cash into our budget once LO is old enough for public school. I'm sure some of it will be eaten up with things like school supplies, after-school care, extracurriculars, and whatnot, but I'm assuming it won't be quite as expensive as full-time care is now. I'd love to know how this worked for you guys. Did you wind up spending the equivalent of daycare on other things? Were you able to re-purpose some of that money?</p> <p>How did the transition from daycare to public school alter your budget? </p>