In Kiser's final year as a nanny during the pandemic, she estimates she took home about $110,000.
CNBC spoke with Kiser about some of the financial lessons she learned during her time as a nanny, and why she ultimately left the role.
Stephanie Kiser: I read "The Nanny Diaries" when I started my first job.
SK: A contract as a nanny is important because there's no human resources; there's no laws protecting you.
It seems like nannying work can have a low barrier to entry, with salary growth potential, but then there are all these other risks.
Persons:
Stefanie Kiser, Jillian Rahn, Stefanie Kiser Stephanie Kiser, Tim Walz, Kiser, Scarlett Johansson, James Devaney, Ana Teresa Solá, Stephanie Kiser, nannying, I'm, Nannies, nannies, they've, who've, There's, weren't
Organizations:
Upward Mobility, Mercedes, Hamptons, Finance, CNBC, Upper, Wireimage, Getty, SK, New, Domestic, ATS, Pew Research Center
Locations:
New York City, America, New York City , New York, United States, New York