A Nigerian guy living in the US who spent $44,000 on childcare highlights the challenges of establishing a family when one partner decides to be a stay-at-home parent.
In a since-deleted tweet, Ochuko expressed this viewpoint and disclosed that, in 2023, he paid $44,000 for childcare for his two kids.
Ochuko suggested that two significant income sources would be necessary to maintain a household in the current economic climate, based on his own experience.
In addition, he advised single people to take use of their earning potential and think about getting married to a financially secure partner because of the financial obligations of raising a family.
“Our two children’s childcare costs came to $44,000 in 2023. Keep in mind that one of them is a 4-year-old, not a baby.
You need a stable two-income home, which is why married folks with children just chuckle and scroll past some jerks on Twitter who complain about not being able to pay their bills.
on two or three times a year, I make a post on the exorbitant cost of childcare, and the response is always the same. Look through my tweets to see it, hehe.
What happened during the week the kids were off between Christmas and New Year’s? We still owed that amount.
Just to add, for those who are single or intend to become parents, Raise your hand money! Find a financially successful companion! Are you now earning $100,000 by yourself? Nice. If your husband is a SAH, that $100,000 won’t be enough for you to support a family with one or two children.
It has been urged by some that one parent remain at home. Let’s explore this more. It is not a good idea unless one parent makes roughly the same amount of money as daycare expenses. After years away from the workforce, that individual might find it difficult to return.
Some have proposed bringing someone from home to watch the kids, particularly my fellow Africans. Although not a bad idea, it has drawbacks. Conflict between you and that relative—or stranger—could lead to awkward circumstances for all parties.