I agree with many of the posters on a lot of points.
First, you will be losing an income from a "job" that gives you the flexibility to be home and take care of your kids. If you are not reporting the $600 income from day care, you will have to when you find a part-time job. You may lose your food stamp benefits because the income will be reported. Remember that your part-time work income will be taxed. Depending on the job you get, you may only end up with $600-$800 (take home) monthly anyway, plus the loss of food stamps, plus the loss of flexibility for your kids. When you have a part-time job, they don't care to hear that your husband is out of town and you can't work, or your kids are sick and you can't go in.
I live in new jersey and there are very affordable child care options for kids 2 and up who are potty trained. Many of these facilities only take kids who are 2.5 and potty trained and no younger (preschool basically). Your nephew will be 3 or close to it by that time right? Full day 5 days a week can start at $125 per week. Some facilities will even let you do 2 or 3 half days for like $50-$70 per week.
Another poster suggested increasing your rate to $800-$1000 month. Maybe you could say to your brother that you were considering increasing the rate, but thought that maybe he could enroll your nephew in preschool a couple of days per week to equal the difference you would increase your rate to. 2 or 3 half days could really help you out. It would also help your nephew, as he's getting to that age where being around other kids with a structured learning plan is good for him.
But, if you really just want to stop, like I said, your nephew is old enough to qualify for the preschool option full-time for the same amount your brother pays you now. Full time hours are usually from 6am to 6pm. Part-time is usually 6am-12noon. The actual class time is usually from 9am-12pm then lunch, then nap, then activities and playtime, and then pick up. If he's not potty trained, he has until fall.
Good luck with whatever you decide, but decide quickly. Many preschools/daycares are enrolling now for the fall, so the sooner your brother knows what you intend to do, the better.
First, you will be losing an income from a "job" that gives you the flexibility to be home and take care of your kids. If you are not reporting the $600 income from day care, you will have to when you find a part-time job. You may lose your food stamp benefits because the income will be reported. Remember that your part-time work income will be taxed. Depending on the job you get, you may only end up with $600-$800 (take home) monthly anyway, plus the loss of food stamps, plus the loss of flexibility for your kids. When you have a part-time job, they don't care to hear that your husband is out of town and you can't work, or your kids are sick and you can't go in.
I live in new jersey and there are very affordable child care options for kids 2 and up who are potty trained. Many of these facilities only take kids who are 2.5 and potty trained and no younger (preschool basically). Your nephew will be 3 or close to it by that time right? Full day 5 days a week can start at $125 per week. Some facilities will even let you do 2 or 3 half days for like $50-$70 per week.
Another poster suggested increasing your rate to $800-$1000 month. Maybe you could say to your brother that you were considering increasing the rate, but thought that maybe he could enroll your nephew in preschool a couple of days per week to equal the difference you would increase your rate to. 2 or 3 half days could really help you out. It would also help your nephew, as he's getting to that age where being around other kids with a structured learning plan is good for him.
But, if you really just want to stop, like I said, your nephew is old enough to qualify for the preschool option full-time for the same amount your brother pays you now. Full time hours are usually from 6am to 6pm. Part-time is usually 6am-12noon. The actual class time is usually from 9am-12pm then lunch, then nap, then activities and playtime, and then pick up. If he's not potty trained, he has until fall.
Good luck with whatever you decide, but decide quickly. Many preschools/daycares are enrolling now for the fall, so the sooner your brother knows what you intend to do, the better.