Daycare.com Forum

Go Back   Daycare.com Forum > Parents and Guardians Forum > Weekly and Monthly Payments

Parents and Guardians Forum Parents and Guardians should post and answer questions here.

Thread: Weekly and Monthly Payments Reply to Thread
Your Username: Click here to log in
Random Question
Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
08-22-2016 10:45 AM
thrivingchildcarecom I have a weekly rate for my clients, but for clients wishing to pay monthly I offer a 3% discount. When I first started doing this it didn't occur to me to take into account the weeks of the year instead of the weeks in a particular month. I finally figured it out and now calculate it for the 52 weeks of the year using a worksheet.

If you would like the specifics check this out: http://thrivingchildcare.com/2016/03...are-discounts/

Hope that helps.
08-22-2016 06:17 AM
rosieteddy I counted Mondays.Monthly fee was due last week of the previous month and we counted how many Mondays were in the next month.
08-21-2016 09:47 PM
Meeko Wow...talk about complicating things!

I figure my monthly fee by multiplying 52 weeks of weekly tuition to get the yearly fee. Then just divide by 12. Same fee...every month....all weeks paid for. No adding and subtracting etc.
08-11-2016 08:54 PM
LysesKids
Quote:
Originally Posted by AmyKidsCo View Post
IMO it depends on what the fees were for and how the fee structure is set up.

My monthly fee is 1/12 the yearly total and is a flat rate no matter how many weeks/days are in the month, holidays, closed days, etc.
I do the same; I don't want to be figuring out, adding on or deducting an extra week every few months it complicates my budget.
08-11-2016 08:01 PM
AmyKidsCo IMO it depends on what the fees were for and how the fee structure is set up.

My monthly fee is 1/12 the yearly total and is a flat rate no matter how many weeks/days are in the month, holidays, closed days, etc.
08-11-2016 04:44 PM
Blackcat31
Quote:
Originally Posted by Unregistered View Post
Good Evening, I said I would update...

Met with Director today and discuss our situation with the written confirmation on monthly fees two months before the end of last school year. The meeting went well, we worked out that my daughter would be going five days a week but for a few less hours a week so we didn't have to pay the extra weekly fees. I think it worked out for both us (on a fixed income) and the daycare, who are a small independent daycare in a small town. We also live around the corner from them. We also have 6 month twins so maybe there was a good gesture there in hopes we will be sending them there once they are two years old.
I don't understand what the weekly fee was for?

Did your DD attend extra long days?
08-11-2016 04:11 PM
Unregistered Good Evening, I said I would update...

Met with Director today and discuss our situation with the written confirmation on monthly fees two months before the end of last school year. The meeting went well, we worked out that my daughter would be going five days a week but for a few less hours a week so we didn't have to pay the extra weekly fees. I think it worked out for both us (on a fixed income) and the daycare, who are a small independent daycare in a small town. We also live around the corner from them. We also have 6 month twins so maybe there was a good gesture there in hopes we will be sending them there once they are two years old.
08-09-2016 09:38 AM
MarinaVanessa It's not a surprise to me that they are adding an additional fee for months that have an extra week, they probably figured out that they are shorting themselves and wanted to change that this year. It IS a shock to me that they would do so without sending a notice of some sort to the parents first pointing out that their fee's would be different this year.

Seems a little shady to me and I'd be irritated. Like maybe they were trying to slide the new fees in on clients in hopes that they'd sign the new contract without really reading it first thinking that it would be the same as the previous contract. IF that's the way that it happened I'd be hesitant to continue care there in fear that they would try something sneaky in the future. I'd definitely ask for a meeting with the director to at least be heard, it's good that you plan on doing the same.
08-09-2016 09:31 AM
Unregistered Will do! Thank you for the insight, I was feeling at a lost.
08-09-2016 09:27 AM
Blackcat31
Quote:
Originally Posted by Unregistered View Post
We haven't signed the contract, we were quoted in writing that the monthly fee was XXX amount for the new coming school year. Then the contract was sent to our house for signing (2nd year there at the same daycare) and there is now a new weekly fee added in.
Weekly fee was not added last year nor was it meantion to us either in face to face conversation or via email when we were sorting out days attending for the up coming school year.. It was quite a surprise and skock to us. Trying to see if this a common practice.. We have a meeting with the Director but wanted more insight from you all before we meet with the Director.
It might very well be that when setting up monthly payments, they didn't realize they were shorting themselves on those weeks that had more weeks than others.

I've seen providers do it a thousand times.

Glad you have a meeting set up. Please up date as to what the Director says as I am curious now....
08-09-2016 09:20 AM
Unregistered We haven't signed the contract, we were quoted in writing that the monthly fee was XXX amount for the new coming school year. Then the contract was sent to our house for signing (2nd year there at the same daycare) and there is now a new weekly fee added in.
Weekly fee was not added last year nor was it meantion to us either in face to face conversation or via email when we were sorting out days attending for the up coming school year.. It was quite a surprise and skock to us. Trying to see if this a common practice.. We have a meeting with the Director but wanted more insight from you all before we meet with the Director.
08-09-2016 06:01 AM
Blackcat31
Quote:
Originally Posted by Unregistered View Post
Is it legal for a daycare to change both a monthly fee and add a weekly fee? bacause the month happens to have five weeks in the month.
Not all months have the same number of weeks in them so if the "Monthly fee" is based on 4 weeks then those months that have 5 weeks in the will be a "Monthly fee" + "Weekly fee" so equal to 5 weeks.

Rather than question the legality of the charges, ask the director or provider to explain the contract and payment agreement you signed.
08-09-2016 03:15 AM
bklsmum If it is in the contract you signed and agreed to, yes. Some of my parents pay monthly but their monthly rate depends on if there are 4 or 5 weeks in the month.
08-08-2016 10:21 PM
Unregistered Is it legal for a daycare to change both a monthly fee and add a weekly fee? bacause the month happens to have five weeks in the month.

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -7. The time now is 12:44 PM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming