How to Hire a Baby Nanny

Frost acknowledges that today's financial reality dictates that both parents work. As to whether a nanny or daycare is the best for your baby depends upon several factors. It's not so much the pros and cons, but the type of childcare that you and your partner are comfortable with and that fits in your budget.

Advantages of daycare:

• Lots of other children to socialize with
• More affordable

Advantages of a nanny:

• One-on-one attention for your child
• Fewer scheduling issues, especially if your child is ill

"This is a situation where you and your partner need to get together well before care is needed and make a decision based upon what works in your budget and schedule," says Frost. "I would say first and foremost parents will look at their budget and start making decisions from there."