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.

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schwartzworld 10 months ago | parent [-]

Cost of a full time nanny is about 3000/month in a high col area. Childcare for small kids is expensive, and while it may be a scam, it’s a scam most parents I know have no choice but to pay into.

Describing mortgage payments as a scam seems pretty out there. Renting isn’t any cheaper, and with a mortgage at least your home is an investment

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carlosjobim 10 months ago | parent [-]

I was referring to childcare. That's just insane and you're being ripped off. That's like buying toothpaste for five hundred dollars per tube, just a solid scam no matter how you flip it. Regarding mortgages, I think that's another discussion.

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schwartzworld 10 months ago | parent [-]

It’s just what it costs though. What’s the alternative for a two-income family? A full time nanny isn’t cheaper.

	▲	carlosjobim 10 months ago \| parent [-]
		An alternative that makes sense is that two families share the cost of a nanny for four kids, and the kids can visit at each other's homes. There's always a way when there's a will. But there's never a way if there isn't a will.