3.5k
Daycare and childcare providers in Winnipeg, Toronto, Vancouver, Ontario etc. in CanadaGarderies à Montréal ou au QuébecFind daycare or childcare providers in the USA
Forum control
+ Reply to Thread
Page 1 of 2 1 2 LastLast
Results 1 to 10 of 13
  1. #1
    Outgoing
    Join Date
    Oct 2011
    Posts
    394
    Thanked
    37 Times in 30 Posts

    Is it better to charge daily or monthly?

    Hi girls,


    I did some calculation and found out that I'm $124 short if I carry on charging monthly. I advertise my fee daily and parents know this but until the end of this year I'm loosing $124(in total between my 3 clients).

    I have two families who will be starting in July and in October. When I told them about my rate I gave them my daily fee and told them it makes $1.083 monthly and put it on the contract. But I didn't realised in the long run I won't be getting $50 a day. I know it is stupid of me and I don't know what was I thinking. And the worst thing is I studied economics

    So my question is is it better for us to charge daily or monthly. As I've stated in the long run I won't be getting $50 a day which I thought I would be getting.

    Thanks in advance ladies.

  2. #2
    Outgoing
    Join Date
    Feb 2012
    Posts
    377
    Thanked
    77 Times in 66 Posts
    Wow $50/day that's awesome. We can't get anything close to that here. Sorry, just awesome to see someone getting paid more of what we deserve for the job that we do

    I charge a daily fee. Families pay regardless of attendance (although they fight it every time lol) unless I close. If I take a day off or go on vacation they don't pay. I also allow each family to take 2 weeks unpaid vacation. That will change soon too as its a crazy loss in income each year.

    I find that people never budget for paying monthly or even bi-weekly and I got frustrated with them saying stuff like " i can give you this much until next pay and blah blah" Since changing to weekly it seems that most are able to pay in full and budget properly. I still fight and have to 'remind' most of them that daycare is not free and they do need to pay me though lol

  3. #3
    Euphoric !
    Join Date
    Oct 2011
    Posts
    2,008
    Thanked
    677 Times in 507 Posts
    Not sure where you are but I'm in ottawa ... I think most of us here charge weekly or biweekly .... So my daily rate is $40 for full time and so that's 400/biweekly. Everyday is paid doing it that way. One family wanted to pay semi monthly and I said no .... It's too confusing! I have a friend that is a care provider in Calgary and she charges monthly as I understand that is the norm there and what she did was charge as if each month was 31 days and that way she doesn't work for free.

  4. #4
    Starting to feel at home...
    Join Date
    Jan 2012
    Location
    Ottawa
    Posts
    235
    Thanked
    56 Times in 43 Posts
    I charge a daily fee as well but I get paid monthly. So when I do up my invoice, I count the number of days in the month and send the invoice for that amount. Otherwise, you end up coming up short. I had also made the mistake of putting X mount per month in the contract, but my client (who I now really like!!) was like "so we'll count the days each month?" And I thought, Of course!! That's how it should be. Hope that helps.

  5. #5
    Expansive... Play and Learn's Avatar
    Join Date
    Feb 2011
    Posts
    828
    Thanked
    140 Times in 116 Posts
    Just south of Ottawa, and we all do it as a daily fee, and charge for the week. So any new clients coming on is $40/day.

  6. #6
    Euphoric ! Inspired by Reggio's Avatar
    Join Date
    Nov 2011
    Location
    Ontario
    Posts
    2,697
    Thanked
    946 Times in 686 Posts
    I have a weekly rate if your are full time and a higher daily rate if you are part time ... my clients options are to pay weekly, bi-weekly or monthly in advance of care ... but I make sure I get paid for ALL days regardless!

    So if you were a monthly client you would pay more in the months that have 5 weeks than you would pay in the months that have 4 weeks in them.
    Children construct their own intelligence. The adult must provide activities and context, but most of all must be able to listen. Children need proof that adults believe in them. Their three great desires are to be listened to, to understand, and to demonstrate that they are exactly what we expect."
    Loris Malaguzzi

  7. #7
    Euphoric !
    Join Date
    Mar 2011
    Location
    Ottawa
    Posts
    2,419
    Thanked
    599 Times in 439 Posts
    I do exactly what Reggio does. I have a daily rate and parents have the option of paying bi-weekly or monthly. All of my current parents pay monthly so I just add up the days of care in each month and provide them with that and they make out their cheques according to that...most of them have given me post-dated cheques. Perhaps you could let your new clients know that what you meant by $1080 was that that is an average month's fees, but here is the list of all the months in the year with the amount of fees for each month according to the number of days in the month.

  8. #8
    Euphoric ! Dreamalittledream's Avatar
    Join Date
    Jan 2012
    Location
    Ontario east
    Posts
    1,152
    Thanked
    278 Times in 201 Posts
    Me too; rate is daily, due weekly, or bi-weekly...cash or cheque.
    Children are great imitators.
    So give them something great to imitate.

    ~Anonymous~

  9. #9
    apples and bananas
    Guest
    I have a daily fee and I charge weekly. They pay me for that week, or they don't come back for the next one.

  10. #10
    Expansive...
    Join Date
    Aug 2011
    Location
    Whitby, ON
    Posts
    846
    Thanked
    137 Times in 119 Posts
    Quote Originally Posted by apples and bananas View Post
    I have a daily fee and I charge weekly. They pay me for that week, or they don't come back for the next one.
    I'm the same $35 a day = $175 a week to be paid on Friday of that week.
    I had one family who would short me a day or two....notice the word HAD. They got the door....my current family accidently shorted me $40 ONCE and when I mentioned it to them they were willing to drive 20min to give me the money at 9pm!
    Satisfaction Guaranteed or Double Your Kids Back!!

Similar Threads

  1. Monthly daycare expenses
    By Craftymama1 in forum Managing a daycare
    Replies: 1
    Last Post: 02-10-2020, 08:52 AM
  2. Claim Monthly expenses and Renovation in taxes
    By jinnie87 in forum Opening a daycare
    Replies: 0
    Last Post: 03-10-2017, 02:23 PM
  3. Monthly Expenses
    By Britishmum in forum Managing a daycare
    Replies: 15
    Last Post: 03-27-2016, 10:04 PM
  4. Monthly grocery budge for daycare only
    By Cheeky in forum Daycare meals
    Replies: 43
    Last Post: 10-25-2015, 12:53 AM
  5. Weekly or monthly rate?
    By zen39 in forum Managing a daycare
    Replies: 9
    Last Post: 10-02-2011, 04:52 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

A few tips...

If you encounter a daycare provider with out-of-date openings / spaces, click on the button right above the currently listed openings to report it!
Updates
We expect providers to keep their listing and available openings up-to-date. However, to prevent oversights, openings expire after 45 days.
Partner in your
search for a daycare provider