tips for nannies Archives - Page 10 of 10

Guest post from Three Kings Financial Group

As a nanny, life keeps you busy. So below, we’ve listed 5 tips to make it easier when navigating your choices this year.

Choosing health benefits may be one of the most important decisions you make every year. The current uncertainty about healthcare premiums, deductibles, and coverage may seem like good reasons to wait on making important health insurance decisions. But that hesitation could end up costing you more in the long run. By assessing your health needs and budget now, you will be better prepared to make health insurance decisions that work for you and your family now that Open Enrollment is upon us.

When it comes to deciding what health insurance plan is best for you, one of the first things you probably think about is cost.

However, cost should not be the sole basis for choosing medical coverage. Just as important are having the right network of physicians, pharmacies, and hospitals. Making sure that all the elements of your healthcare work together can ensure improved convenience, efficiency, and ultimately reduce overall costs.

Below are 5 tips when choosing a health insurance plan this year:

Continue reading “5 Tips for Nannies Choosing Health Insurance” →

If you are involved in a nanny share or are considering joining or starting one, take the time to read the important information below. We are not attorneys and the information we provide below should be used at your own risk.

What is a Nanny Share?

A nanny share is defined as two or more families sharing the expense of employing one nanny to care for their children as a group. A nanny share can be a more cost effective option for utilizing a nanny. Care is provided at one family’s home or a combination of both.

There are many benefits to belonging to a nanny share, both for the parents and the children including:

For parents, it means a lower hourly wage than shouldering the entire cost of a nanny alone
For the children, a nanny share can be a great opportunity for socialization and having a playmate

Note: A nanny bringing his or her child to work with them is considered a perk of employment and not a nanny share. If you are bringing your child to the nanny’s house, that is considered to be in-home childcare that requires the care provider to obtain a license and is not a nanny share.

Illegal?

Because so many families are turning to this option due to the high cost of childcare in our region, we set out to learn more about nanny shares. What we learned was troubling.

Continue reading “Are Nanny Shares Illegal in Washington?” →