Originally Posted by daycare:
I make $1.78 an hour per child after my insurance, LIC fees, taxes, curriculum, food, house maintenance, extra car insurance, light, water, and so on.
I have a small LIC and I can have only 5 kids because I have one child that counts towards my capacity. do the math. I make less than minimum wage.
well, the math is:
$1.78 x 5 = $8.90 per hour
minimum wage is $7.25
people who make $7.25 are taxed on that money and then pay their bills with what is left afterward. you are saying you make $8.90 per hour AFTER taxes, lights, water, etc. are paid.
not too shabby.