Articles, News and Resources


Why You Need To Start A Day Care

by Rene Sandan

Do you recognise yourself in the following: I hate my routine job, thankless, ungrateful boss, the endless, time wasting commute every day, not being with my kids and the unbelievable pain of leaving them crying at a day care every morning- a pain that never goes away. You want out off the vicious treadmill but feel backed into corner by financial obligations and can't see how. But the one thing really eating you up is the guilt and sadness you feel that you are missing out on seeing your kids grow and develop on a daily basis during these, the most important and formative years.

Sound like you..well, despair no more because there is an escape route and it is a lot more tangible than you would believe. If you start your own home day care you can stay home with your kids, increase your income and cut your expenses. 'Surely it's not possible to match my current wage' I hear you holler. 'Simple sums is the answer' I reply. Take a fairly average monthly salary of $2800 gross.

Gross Income $2800

Minus Taxes $ 800

Minus Gas $ 150

Minus Day Care Costs $ 550

Minus General Expenses $ 300

Net Income $1000 So, bottom line, in order to replace your current income with home day care income you need to make $1000 per month. In order to achieve your goal you will need two full time children based on an average cost per month of $500 per child for day care. Not exactly insurmountable! You can also decrease your tax bill substantially by offsetting a lot of your necessary household expenses against your business profits. Clever, fastidious bookkeeping can save you a considerable amount of money.

I use the example above to emphasize the importance of changing your mindset, bringing it down to the basics to see exactly what going out to work is costing both in financial and spiritual terms. We are all conditioned into the 'employment' mode and see entrepreneurialism as the realm of risk takers. Yet you can see how easy it is to become self employed by starting a home day care.

The benefits are immense and immediate. Quality family time becomes a given, you control your days and make your rules, you are active and having fun doing something worthwhile to all concerned. Using my Start a Child Care Business DVD Guide you have the benefit of my experience and knowledge to get you started now (I've done the research, made the mistakes, I know what works) plus you get the paperwork package FREE so you don't even have to deal with that. In my mind, it's a no brainer.

Find out about childcare from Fiona Lohrenz who has run her own day care for the past 10 years. She incorporates all that knowledge into her website and her 'Start a ChildCare Business' DVD guide: Start A Day Care Business DVD Find her at: ChildCareOnly.com

Published March 14th, 2008

Filed in Business


Get a Free Starter Kit
First Name:
Email:

In The News

A poor kid raised in a trailer park turns real estate into million dollar bonanza?

It's true. I was a poor kid, raised in a trailer park. I lived with my mom who...
Real Estate News

[CaRP] Database error while checking when the cache was last updated.

[CaRP] Database error attempting to check cache update time.

[CaRP] Failed to access database cache record.

[CaRP] Database error attempting to retrieve cache record.

[CaRP] Database error while checking when the cache was last updated.

[CaRP] Database error attempting to check cache update time.

[CaRP] Failed to access database cache record.

[CaRP] Database error attempting to retrieve cache record.





We take your privacy very seriously. You can read our simplified privacy policy here.
© 2007 Dean Graziosi - All Rights Reserved. By entering your email address you are requesting and agreeing to subscribe to our free real estate investment and foreclosure profits email newsletter. You must be 18 or older to enter. You can review my books at Amazon here, however by joining our list above, you'll receive a more complete package for helping you learn and get started.