A device and method for carrying and protecting a child in a first arrangement, and for securing a child to a stationary object in a second arrangement, are provided. In one version, the device includes a base panel having an interior side and an exterior side, wherein a crotch panel is deployable from the exterior side. Straps are provided for securing a child between the interior side and a wearer of the device. The device further includes a waist panel that secures the child in place in when carrying the child in the first arrangement, and also for attachment of the device in the second arrangement to a stationary object, such as to a standard sized chair or a seat in a vehicle. A retractable hood is further optionally provided to protect the child's head from neck strain and environmental damage.