Sometimes finding affordable childcare can be difficult. No matter what you choose, it’s important that you plan early before you return to work as there are waiting lists for some services.
It’s also a good idea to look into what benefits are available to you so you don’t miss out on any entitlements.
According to government statistics, it will cost you over £200,000 to raise a child in the UK, a large chunk of this cost is for childcare when one, or both parents are working. With this in mind, is there help available and how do parents go about getting it?
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posted by Rory in Budgeting
If you’re an expectant parent, it’s important to know what benefits are available during maternity and paternity leave, and beyond. After all, maximising your income really helps even when you feel you’re OK.
There’s lots of help and support available from the Government that’s specifically designed to help parents and families during this important time in your life.
To help make it clear what benefits are available to you, the Money Advice Service has created this really helpful infographic designed to show each benefit the Government provides, if you’re eligible, and how you can apply.
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They’re totally worth it!
The big events in life keep getting more and more expensive. Owning a house, getting married, travelling the world, having kids, even learning to drive and owning a car is becoming too expensive.
Most people would consider a house to be the biggest expense you’ll ever have, but recent figures have shown that childcare costs are similar to the average annual UK mortgage payment (which was estimated at £7,207 in 2012).
This, along with the statistic that it costs an average of £227,000 to raise a child could be enough to put anyone off having kids…but as we all know, it doesn’t! Continue reading »
posted by Pavan in Budgeting
Choose the right childcare for you and your child
There are so many options out there when it comes to childcare.
Having recently been through the turmoil of entrusting the most precious thing in my life into the hands of relative strangers, I totally empathise with anyone having to do the same!
No matter what you choose, it’s important that you plan early. There may be waiting times if your area is oversubscribed so thinking ahead will help to ensure that you’re not forced into making a decision. Continue reading »