Taking care of children can be quite tasking especially after experiencing the freedom of youth. From partying all night to caring for a crying baby, midnight feeding, and changing diapers during the night. This is why parents take it upon themselves to find ways to relax and unwind.
Ultrawealthy Parents Hire Disco Nannies
Ultrawealthy parents have taken hiring nannies to a whole new level by hiring ‘disco nannies.’ The need to take a break from parenthood has resulted in a new trend among ultrawealthy parents which allows parents to indulge in the freedom of youth while also having their children cared for.
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According to Yahoo Finance , disco nannies are often highly educated individuals hired to do the night-to-morning shift for parents intending to go out partying. According to The New York Times , disco nannies charge an average of 20 to 30 euros an hour and around the same in U.S. dollars, looking after children while their parents go clubbing and sometimes during the morning after recovery.
Disco Nannies Are A Major Trend In Clubbing Destinations
The business is soaring majorly in European clubbing like Mykonos and Ibiza. Mykonos Best Nannies owner revealed to The Times that business has gone up 15% since the past year, while the owner of Ibiza’s Kids & Co. stated that there has been an increase of up to 30% in business in one year. According to the Mykonos Best Nannies owner, one pregnant client even booked a disco nanny for her unborn baby. The business is patronized mainly by parents looking to travel and take a break from their kids. Although European clients are the major consumers of this service, Americans and Australians also request the service often.
The Reality Of Childcare In America
This type of childcare is different from the reality of the childcare industry in America. During the pandemic, the industry became understaffed and overworked with parents finding new forms of care for their children. Per the Century Foundation , changes in the childcare industry have cost young parents about $13 billion annually in lost income. After analyzing 37,000 households with young kids from the 2021 Census survey data, it was discovered that a lack of childcare forced parents in 20% of households with young kids to leave or lose their jobs.
Parents Cite Financial Reasons For Not Wanting Kids
In the U.S., raising a middle-income child now costs $300,000 and with the rise in inflation, more young adults may decide not to have kids. According to the Pew Research Center , 17% of adults out of the 43% who do not plan to have kids for reasons other than not desiring children, cited financial reasons.
While many parents in the U.S. struggle to provide for themselves and their kids while also paying for childcare so they can do their jobs, wealthy parents are hiring expensive nannies to care for their kids while they party into the night.
