In collaboration with Caresquare
I’m going back to work. Yes, scary, exciting and totally overwhelming.
Almost daily I am reading in the news about the challenges of childcare and how much it costs.
And now I’m right in the middle of it. All I can say, it is real and it hurts.
It hurts because it is so damn expensive. With two children now, Pappa Raj and myself have just compile a spreadsheet on the different options and numbers and it makes me want to throw up.
Even with a job that I would consider pays well, what you come out after tax won’t be really enough for the blood and sweat required from my corporate job.
Not only will I will not see my kids as much as I would like but I feel like I am paying through the nose for the privilege!
We’ve done the numbers on daycare and nannies. To be honest there isn’t a lot of difference when you factor in multiple children (keep in mind we are looking at inner city centres and the costs are pretty high). Did I say it hurts?
Little Miss Raj loves her couple of days with her friend in daycare so we will be looking at a mix of daycare and nannying.
Recently, I was approached by Caresquare founders to have a look at their new start-up offering and it couldn’t have been better timing so I went to have a look at their site.
Essentially these two lads from BrisVegas have created a platform that aims to reduce costs by allowing families to share the cost of a nanny. It helps families to find and hire nannies of their own but, most importantly, for those who are happy to share, it connects and matches them with other families and helps them find a nanny, then manages the share arrangement and the division of payments between families. Nice…..!
When you start to look at “from $9 p/h” on their website this starts to sound much more reasonable.
The website is clear and easy to navigate. I was able to fill in a free profile in a few minutes and then what was a lovely surprise was that I had a match in my inbox within 5 minutes for a local family looking to nanny share within 5 minutes from our home. The next step is to contact them to see if it can work and that is where Caresquare makes their money but everyone has to make a buck so kudos to the Caresquare boys for coming up with such a helpful concept around ‘a sharing economy’.
Could you do this yourself? Yeah sure you can. But finding a family at the right time isn’t easy. Also finding a great nanny isn’ easy – we have done 6 interviews this week.
I have to say there is nothing to lose but be mindful that Caresquare are still building up the business at the moment. They have only been in operation since around mid-March and they already have around 150 families registered to use the service. With 150 families this can mean that there may not be a match but I can only see this going onwards and upwards as most Australian families are begging for it to be more cost-effective to get back into the workforce.
The platform has its own costs: access to the find a nanny database costs $99, while the family matching service costs $19, which allows families to chat and match for up to three months. Caresquare also charges a fee of between two to eight percent for its management service, depending on the number of children in care. But when you are shelling out crazy amounts of money this is just a drop in the ocean really.
The care of my kids is the most important thing to me. So, to make the process easier and more cost-effective is just what Australian parents need.
So if this speaks to you, then reach out to them website , or email the dudes at firstname.lastname@example.org
Do you feel like vomiting after you see your childcare costs for a year? Have you done a nanny share before?
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