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ihop 08:52 AM 02-05-2014
I agree, don't lower them unless you have a firm plan in place and are prepared to lose them as soon as you increase your rates. I struggle with this all of the time. I feel if I lower my rates its better then nothing, but there is obviously a cost associated with caring for that child. Its not like its all profit for me. If I lowered my rates by 100/month then I would be profiting about 25/week after bills and food were paid for. That means basically I am making $.50 an hour to care for a child with what seem like difficult parents.

Not worth it!

Oh and btw I love the tags on this thread!
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