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Episode 2938:

Kevin of Financial Panther examines the costs and benefits of daycare, highlighting the balance between time, money, and his child’s social development. By analyzing hourly expenses and considering the non-financial advantages, Kevin emphasizes the value of daycare in providing structure for his family, freedom in his work-life, and enriching social experiences for his son.

Read along with the original article(s) here: https://financialpanther.com/looking-at-our-daycare-costs-and-why-we-send-our-son-to-daycare/

Quotes to ponder:

"I think some people fall into this trap where they think of every decision in terms of money. In reality, the decisions we make are never just about money."

"Children completely change your life. No matter what your situation is, if you have kids, you’re going to have to pay for childcare. You’ll either pay for it with your time. Or you’ll pay for it with your money."

"I’m not an expert on childcare by any means, but to me, getting interaction with other kids and developing social skills is a good thing for his development."

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