1. Paying taxes is not optional. 2. You must pay minimum wage, i.e. $150 for 50 hours of work is NOT ok. 3. Having a nanny is more expensive than daycare. 4. If you want your nanny to have a degree and 5 plus years experience with references, expect to pay accordingly. 5. It’s not the nanny’s job to scrub your bathroom, wash your underwear, walk your dog, drop off your dry cleaning, and buy your groceries.