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Comment by gnz11

10 months ago

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.

  • 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

    • 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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