196

16566 readers

2067 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago

MODERATORS

[email protected]

720

Paycheck rule (lemmy.world)

submitted 3 months ago by [email protected] to c/[email protected]

32 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 3 months ago

My kiddo is just a toddler, but in our VHCOL area, at this age the only thing that really matters is childcare expenses. If we had family/grandparents taking care of them, the additional cost would be pretty minimal, in the scheme of things.

The max contribution to dependent FSA (tax free account for daycare) is a joke, less than 2mo of care.

The material things we've needed probably amount to less than one month of daycare expenses (diapers notwithstanding).

Saving for college, on the other hand...