About Amanda D.

Amanda is a personal financial planner turned stay-at-home mom. She wrangles a feisty toddler, an adorable newborn, and a closet full of excuses for not sticking to her family’s budget.
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ABOUT THE NAKED LEDGER

  • After seven years as a personal financial consultant, I ditched the pantyhose to stay home with my toddler. I've written financial plans for more than 200 families and yet NEVER ONCE have I managed to successfully maintain my own family budget (much less actually FOLLOW it) for longer than a couple months. Now, I'm putting it all out there in an attempt to set myself straight by sheer force of the Internet. Watch me try!

THE BUDGET

  • MONTHLY BUDGET $1700
    Food $700, Dining Out $100, Entertainment $40, Gas $180, Household $200, Cash $80, Children $100, Clothes $150, Gifts $50, Other $100

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Comments

Danielle

I agree with you on the outrageous costs of preschool. Some in the NJ area where I live cost as much or more than a year at an in-state public college! The other problem I had in my area was finding just a preschool and not one affilated with a daycare. I finally found a very reasonabley priced preschool run through a church (did not have to be affiliated) that was a co-op. This helped keep the cost down b/c the parents take turns helping the teacher. I loved being able to take an active role in my daughter's education and see what was going on in their classroom. I know a co-op situation isn't ideal for everyone b/c it can be difficult if you have other little ones @ home. You would have to make other arrangements for them when you help out. Overall, I had a very positive experience and would highly recommend this type of school. Also a great site to check out to find high quality preschools in your area is:

http://www.naeyc.org/. If the school is NAEYC accredited it is considered a five star school by early education standards.

I hope your son had a great first day!! My oldest starts kindergarten this year!! They grow up so fast:(

Becky

I've been looking at preschools for the fall as well. I checked out a Child Development Lab at the local Community College ($633 for all day care, trad or montessori) but I didn't need full time care, and while I could adjust the hours to suit, the price stayed the same. The Montessori was around $600 and didn't give me the same joyous feeling, but it was nice enough that I was almost ready to sign up. Then a friend told me about a church nearby, $135 for 9:30-2:30 two days a week, a MDO program. I haven't gotten into that one yet, but it's really high on my list right now :)

Kellyelle

It's a little more reasonable in the midwest. Ours averages out to $144 a month and it's super!
:) Kelly

Jen Zug

WHAT?! Did you say, $600 per MONTH? Holy cow, is that a California thing? Because I was able to find a bilingual preschool for Ruthie at only $850 per YEAR for two mornings a week. That was one of the cheapest ones I found, but even some of the Montessori schools were $1000 per year.

Bethany

Um. Wow. The program that I'm considering for my 3 year old (at a local Lutheran school for pre-K to 8th grade) is a whopping $60/month. That's for two days, 2 hours per day, which is just enough I think for my own 3 year old.

I can't imagine paying $600 a month. That really is robbery!

BeLinda

I think tuition for preschool at our Christian school is $187 per month. Theat's all day 5 days a week. The montessouri school my nephew goes to is $400 a month but that's Northern Ky practically Ohio. I spend about $400 a year on school stuff for preschool and just fun educational stuff. We homeschool.

Arizona

Cost...yes eeewwwww well my son is now entering K (which we will get to in a minute) but before that we had him in a Montessori school which did OKAY from an education stand point but pricey as any formiable education place is here....we paid $740 a month which did not include lunch (we could purchase special lunch on Fridays for $2) or snacks (we had to supply snacks every other month for the entire class) for five days a week in AZ. He is now attending a private Christian school which is costing $4555.00 per year plus the cost of after school program about two hrs a day for price figured at about $1800 for the year. But what are we going to do we are in AZ and education is horrible here...we are 50th! I guess it could be worse, right?!

Arizona

Cost...yes eeewwwww well my son is now entering K (which we will get to in a minute) but before that we had him in a Montessori school which did OKAY from an education stand point but pricey as any formiable education place is here....we paid $740 a month which did not include lunch (we could purchase special lunch on Fridays for $2) or snacks (we had to supply snacks every other month for the entire class) for five days a week in AZ. He is now attending a private Christian school which is costing $4555.00 per year plus the cost of after school program about two hrs a day for price figured at about $1800 for the year. But what are we going to do we are in AZ and education is horrible here...we are 50th! I guess it could be worse, right?!

obabe

Last year Benjamin (who turned 3 yesterday!) went to an in home preschool type deal: 3 mornings a week, $220/month. This year he is going to preschool at our local JCC, and it works out to roughly $455 a month (we pay for the whole school year over three payments) 5 days a week, 9-1. We live in Chicago, and comparing to either coast, we're getting a good deal.
And can I add how jealous I am that Alex is potty trained?!?!?!?

Kate

Here in NYC, two mornings a week of private preschool is about $6,000 - 9,000 a year, three mornings is more like $7,000 - 10,000. Aaack.

Gette

My kids never went to preschool, except for some programming our daycare lady did, included in her rates. Headstart in these parts is free for qualifying family, whereas preschool rates are roughly the same as daycare rates. Unless you really need an outlet for socializing your child, or a sanity break (both valid needs) I can't imagine paying for preschool. We did fine with books, songs, and neighbor kids.

heels

My son is in a daycare that is also a wonderful preschool. We pay $25/day for full time. It works out to roughly $525/month and it's worth Every.Penny. All food is included. And it's not religious- that's a PLUS!!

Karen

We live in a fairly small town of less than 10,000. My child attends the local co-op preschool here. Tuition is $60 per month for M W F for 3 hours each day. I have to help in the classroom 2 days a month and take snack once a month. My twins who are almost 8 attended the same preschool for 2 years and are leaps and bounds ahead of their classmates.

zookeeper

We use the co-op preschool in town. For 3 year olds, it is 2x/week and $660 for the YEAR. For 4year olds it is a 3x/week program. And the cost is $820 for the school year (August thru June). It is a co-op, so I have to help out in the class 3-4 times during the school year (the class mom schedules these days for me) and I also serve on some other committee (maintenance, fund raising, hospitality, party planning, etc.)

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