Parents are turning to a 'paid village' to handle childcare and cleaning. Costs range from $500 to $2,600 a month.

Amy Johnson, a mom of two in Cleveland, pays $2,600 a month for childcare and cleaning, asserting it’s essential due to both parents working. "Life is currently a juggle between time and money," she says, emphasizing the struggle to manage time effectively for generating revenue. With soaring childcare costs, families are grappling with budget constraints, as some childcare expenses can exceed the cost of a mortgage. Johnson's sentiment mirrors that of many, who feel they are 'trying our best to keep our heads above water.'

In a BabyCenter poll of 2,000 mothers, 76% reported that paying for childcare strains their budget. Families are increasingly compelled to invest in domestic services like grocery pickup and cleaning due to time constraints from demanding careers. With average annual costs for childcare ranging significantly, many parents are emphasized to find financial solutions that align with their busy lifestyles. The trend reflects a broader societal challenge where balancing childcare and work is becoming increasingly daunting.

Read at Business Insider