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How much do you think is fair?

Posted by on Feb. 5, 2009 at 9:50 AM
  • 11 Replies

 

Poll

Question: How much seem fair for a deposit?

Options:

$125-one weeks fee

$300-$50 a month for holding the spot

$200-which is somewhere in the middle

Other


Only group members can vote in this poll.

Total Votes: 17

View Results

I do in home daycare mostly before and after school. One of the kids I watch is hubby's friend's son. Anyway, his girlfriend is pregnant and due in August. We are trying to work things out as to me watching the baby. I told him I needed to know by the beginning of March.

Now I'm trying to figure out how much to charge for a deposit since I've never done one before. I want to be fair to both of us. I would be holding the spot for 6 months.

 

I think maybe I made this confusing. I'm going to charge a deposit to hold a spot for their baby b/c I have a spot open. This would just be a one time charge. A couple of the number are suggestions from other mom's I know that do daycare. I'm just trying to figure out what is fair to him and me.

by on Feb. 5, 2009 at 9:50 AM
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Replies (1-10):
mysteriousmom06
by on Feb. 5, 2009 at 9:54 AM

Anyone who picked other want to tell me what you think is fair?

kaylasmom9
by on Feb. 5, 2009 at 9:54 AM

I have a daycare and have never charged a deposit.  Actually never heard of it.  I am not sure if you are wanting a one time deposit fee or an one.  I would have been able to answer better, if I  understood it.

wilesmomma
by on Feb. 5, 2009 at 9:55 AM

I would say $200.00 Just so it's in the middle. I think that is fair, especially if you are holding a spot for them.

mysteriousmom06
by on Feb. 5, 2009 at 9:55 AM

Yeah just a one time deposit for holding the spot open for them.

Quoting kaylasmom9:

I have a daycare and have never charged a deposit.  Actually never heard of it.  I am not sure if you are wanting a one time deposit fee or an one.  I would have been able to answer better, if I  understood it.


Brenna
by on Feb. 5, 2009 at 9:57 AM

We paid a "registration fee" of $25 when we signed my son up for daycare.  But it was at a huge facility.  I'd say one week's fee makes sense for a home care.

kaylasmom9
by on Feb. 5, 2009 at 9:58 AM

then a 2 week fee, just like a 2 week notice.

Quoting mysteriousmom06:

Yeah just a one time deposit for holding the spot open for them.

Quoting kaylasmom9:

I have a daycare and have never charged a deposit.  Actually never heard of it.  I am not sure if you are wanting a one time deposit fee or an one.  I would have been able to answer better, if I  understood it.

 


mysteriousmom06
by on Feb. 5, 2009 at 9:59 AM

Yeah I have a registration fee to but this is to hold the spot for 6 months.

Quoting Brenna:

We paid a "registration fee" of $25 when we signed my son up for daycare.  But it was at a huge facility.  I'd say one week's fee makes sense for a home care.


ElaineReads
by on Feb. 5, 2009 at 10:00 AM

I chose other because I wouldn't charge a security deposit unless I was losing income by holding the spot.  Are you adding this baby or are you replacing a child you've lost with the baby?


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mysteriousmom06
by on Feb. 5, 2009 at 10:04 AM

I'm replacing a spot. Its been open for a couple months but I've been taking the time off with the holidays. I had just decided to start looking when our friend asked if I could keep it open to, maybe, watch their new baby.

Quoting ElaineReads:

I chose other because I wouldn't charge a security deposit unless I was losing income by holding the spot.  Are you adding this baby or are you replacing a child you've lost with the baby?


ElaineReads
by on Feb. 5, 2009 at 10:07 AM

Okay.  In that case, I would charge a double security deposit ($250) since you're holding the spot for so long. 

Quoting mysteriousmom06:

I'm replacing a spot. Its been open for a couple months but I've been taking the time off with the holidays. I had just decided to start looking when our friend asked if I could keep it open to, maybe, watch their new baby.

Quoting ElaineReads:

I chose other because I wouldn't charge a security deposit unless I was losing income by holding the spot.  Are you adding this baby or are you replacing a child you've lost with the baby?

 



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