how much do you pay for childcare?
I am trying to determine what would be a fair price to charge my sister for providing childcare for her two boys. I am a stay at home mom with a 2 1/2 year old and a 16 month old, both boys. My sister has twin boys, ages 2 1/2. I would be keeping them 4 days a week, a total of about 35 hours. We are in Chattanooga,TN.
I would have to keep them whether or not they were sick and possibly on some holidays.
How much do you pay for childcare? Is the rate discounted if you have more than one child? Are there monetary penalties for picking up the children late?
I do not , of course, want to overcharge my sister but I expect to be compensated fairly.
Thanks in advance for your input.