Want to use that college degree to make higher than average money? It’s simple – become a live-out nanny! I used to think that nanny jobs were typically low paying teenager jobs until I actually made a friend who worked as a nanny. Now, this girl was college educated and could have probably found at least a receptionist job at an office, but she really loved her nany job. For one, she enjoyed spending time with kids. The benefits from her job weren’t too shabby either. She made about half a grand a week, and perks included paid leaves as well as gasoline for transportation! You could say she was getting the perfect training in being a future mom, and getting paid for it. Sure, she was making less than 50 grand a year, but it was more money than being a homemaker.
With the couple having their own day jobs, child care and development has become a very important issue for the new age parents with lots of disposable income. This is more true for celebrity or executive parents. These are the people with personal jets and a payroll for the domestic support staff. The live out nannies (those who don’t live in with the family) make as much as $50k a year on top of the regular benefits like health insurance, paid leaves, and sick days. This is no small change.
A casual Internet search would reveal at least a dozen nanny agencies specializing in training and placing them. This is especially interesting if you consider that Phillipine women remitted over $7 billion to their country in 2001, creating the country’s second biggest source of hard currency after electronics exports. There is tremendous demand for bilingual qualified nannies.
Another way to think of this would be to appreciate how you actually save $50k a year by marrying a homemaker, and how she deserves at least part of those savings!