20 years ago, sure. The US has become obscenely expensive since then. Two kids in preschool at the same time in the US will be about $3000-3500/month. Add a mortgage on top of that and that $10k has mostly evaporated.

If you're falling for such scams then you'd have to put yourself into the "financially incompetent" category. You can hire a nanny for less that will take much better care of your kids.