We've put our son in daycare 20 hours a week (which he absolutely loves, by the way - that in itself makes it worthwhile) so we have time to tackle our work and do it well. Ideally, we'll be able to make more money even with the daycare expenses than we would if one or both of us let some of our other contracts run out. We'll try this until December and then re-evaluate.
I truly enjoy my job but I do wish it paid more. I've stopped calculating my hourly wage. It's too depressing. Every now and then, I scrounge around for some possible alternatives on the job boards, but I don't see anything that appeals to me or for which I am qualified.