Deposits?

[Judy Trickett]

In the future, I will require a non-refundable deposit in order to hold spots. Does this sound reasonable? What amount should be charged in order to hold spots? Has anyone else ever been in this situation before? Any guidance in this situation would be most appreciated.

You should always be charging a deposit for even regular spots. So, for example, if you interview with me today and sign on to care for tomorrow or two weeks from today then you pay me a deposit. The deposit is NON-refundable and it ensures you actually show up for your first day of care.

Holding spots is not something I will do. If you want a spot you PAY for it. Period. There is no way I would hold a spot like you did for ANY family without FULL pay.

Live and learn, eh?

I don't know why providers feel guilted into holding spots. I think a lot of the time the provider assumes that if she says NO - that she won't hold the spot - that in some way she is really saying, "Hey, the money is more important to me than your kid". And, well, YOU have to take care of YOU first. And, yes the money IS more important. Why? Because YOU have to look after your OWN kids. They need a roof over their heads, food in their bellies and shoes on their feet.

Providers need to realize that daycare is a BUSINESS first and foremost. Stop feeling like WE have to be the ones to give, give, give. There is no give in business. It is an exchange of good or services for MONEY.