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Why is daycare so expensive? It’s worth it!

We joking have told our local daycare, which has cared for each of our four kids, that they should name a wing after us. I haven’t summed up how much we’ve spent there (though the pandemic did “save” us some money I suppose) but it’s a massive sum. I think it’s worth ever penny and fortunate that we have the means to do it.

The Real Benefits Of Daycare: One Man’s Six-figure Expense Revisited [Goverment Worker FI] – “High-quality daycare can lead to stronger reading skills and aid in social development. But let’s be real for a minute. Daycare also costs a tiny fortune. And is it really worth the massive cost? We live in a country where parents have to fend for themselves with little-to-no financial assistance for raising young children. Here are my unfiltered thoughts as a dad of 3 who just finished 13 years of paying to have children in daycare.”

34 Mistakes on the Way to 34 Years Old [Ryan Holiday] – “That’s another lesson learned the hard way: Don’t say “Maybe” when you really want to say “no.” Just say no. The only person making a big deal about it is you. Just say no. How many events/meetings/wastes of time are you going to agree to and then regret before you learn this?”

Always do Extra [Ben Northrop] – “One thing I’ve noticed over the years is that there is at least one thing that seems to be common to every good, veteran programmer I know. They all follow the same deliberate and dare-I-say selfish rule to how they approach their time: Always do Extra. Now before you call “bullshit”, let me explain what I mean…” The context of this discussion is software development but it is quite applicable in a variety of arenas. There are a lot of ways we can do “Extra” and how it’s important that we know the difference (and importance) of it and “More.”

I normally reserve the last spot on a Friday to something fun – today it will be fun but only if you’re into numbers and are a nerd like me.

This last post is about a concept known as the Simpson’s Paradox. It’s when something may be true of two separate populations but disappears when you combine them, usually because of the denominators. It’s relevant because of the pandemic and the impact of the vaccine. Read the article, probably twice, and it’ll really sharpen your understanding of this important paradox.