Rate increase amount

[Momof4]

I haven't raised my fees in a few years but I have added paid days off to my contract so I got a raise that way. I have already told all my families that when we renew our contract next Nov. 1st I'm increasing my rates $2 or $3 per day and I told them it is only to keep up with rising food costs. I think that if you tell parents you are trying to keep up with rising food costs and cost of living increases that is all the explanation necessary. If you are doing a great job then have confidence in yourself and know that you are worth the money.

My fees are on the lower end of the scale because I am a renter and run my daycare in my apartment. If I raised my rates to the higher end of the rate scale I would just be paying too many taxes.