Childminding!!!

Lalaladybird

Is this a good way to make money or does all the money you make go on feeding and entertaining the little darlings?

Anyone have any idea?

inmypocketnottheirs

A good way to make money.

My OH is a registered cm in her 10th year. It has bought us an E Class Mercedes, 2 holidays to Florida, Cuba, Egypt, paid for our kitchen and conservatory and numerous other bits and pieces.

You charge extra for food or parents provide. Excursions and entertainments are also charged to the parents.

Good luck!

looby-loo_2

inmypocketnottheirs wrote: »

A good way to make money.

My OH is a registered cm in her 10th year. It has bought us an E Class Mercedes, 2 holidays to Florida, Cuba, Egypt, paid for our kitchen and conservatory and numerous other bits and pieces.

You charge extra for food or parents provide. Excursions and entertainments are also charged to the parents.

Good luck!

Are you serious?

Lalaladybird

inmypocketnottheirs wrote: »

A good way to make money.

My OH is a registered cm in her 10th year. It has bought us an E Class Mercedes, 2 holidays to Florida, Cuba, Egypt, paid for our kitchen and conservatory and numerous other bits and pieces.

You charge extra for food or parents provide. Excursions and entertainments are also charged to the parents.

Good luck!

Thanks for the reply - that sounds incredible! I'm hoping I'll make, maybe, £500 a month having one child (to start with). How many children does your OH mind?

Claireabell

You do need to comply with a lot these days.... all childminds need to be OFSTED regisered and be inspected... which means EYFS implimented too... not as simle as playing with kids.

Some make money from it, but lots of additional work...

Not to be a downer on it...

linzi686

hi im a registered childminder, i think 'inmypocketnottheirs' makes it sound ALOT easier than it is.... it can take 12 months or more to get set up, you have intensive 3 hour long OFSTED inspections, its VERY hard to get children depending on where you live and the ammount of childminders already there.
I have been a childminder for 1 year now and have never made over £100 a week then you have to deduct toys, outings, playgroups, food etc from that amount.

You have to be very passionate about doing this or it will not work. there is a hell of a lot of paperwork and alot of work to put in for a little return i am currently on £3.50ph per child. It can get very lonely sometimes however i work as a partnership so that helps.

There is lots of perks to the job but i wouldn't want anyone to rush in to it for ' extra money' I have to mystery shop and do surveys to get my 'extra money'. Hope i haven't put you off if you are guenuinly interested in this as a job as it is very rewarding to see your mindees develop and grow.

scotsbob

One of my neighbours left her job, paying a salary of £40000 before tax, to start childminding and she is earning more now.

There is a shortage and every childminder here is running a waiting list.

In addition to looking after some children all day, she also collects some from school and looks after them for 2 or 3 hours until the parents come home from work.

It would be impolite of me to ask her how much she earns but the current rate locally is £40-50 per child per working day.

me1234567

Sorry to butt in
Do you have to have Nvq in child minding? or have to do any courses?

flis21

Well, I wished I earnt as much as some of you!! I have been minding for 18 months now, I can get up to £300 per week in school holiday time BUT there is a lot that that has to cover, including snacks and drinks, outings, toys also insurance and Osfted registration fees and training (first aid course is compulsory and v expensive!!) etc. It is not an easy job, although one I enjoy doing. I am doing it as it allows me to stay at home with my 2 boys, although once they are both at school I will be going back out to work. I miss the perks of working, such as holiday and sickness pay! I only take 2 weeks holiday a year as i can't afford to take anymore and I hate bank holidays now as I don't get paid for them!!

It does depend on your area though and the demand for minders. In my area no one charges more than £3.50 per hour and there are more minders than there is work, so do some research if you are thinking about this. Our local Kites service does a free 'survey of need' which I request periodically as it tells me of the current demand and what other minders are charging etc.

Me1234567 - I am qualified (as a nursery nurse and a primary school teacher!!), but it is not essentital to be, you just have to do a 6 hour course and pass a (very easy) multiple choice exam.

If anyone wants any more info please PM me.

FredTheFifth

My OH packed it in when the OFSTED requirement came along. It may be that in or near the large cities the rate can go up but for her a couple of years it was £2.50 an hour. Also the total rate was capped because to stay legal you should only have a max of 6 kids, at least it was then. And if your own kids are below a certain age they count in the 6. Like the other posters say it can take a while to build up the clients and don't think they all want 9 till 5. The mix of requirements and trying to make sure that you don't exceed 6 on the overlap, or if you do the possibility of a random visit from the SS or Oftsted, make the whole thing more stress full than just looking after the little darling.

To earn some of the amounts being quoted here suggest that either they have a very rich client base or are breaking the rules.

poppyolivia

I got my certificate 2 years ago to become one, just needed the care commision to check the house over..you need things like hard wired smoke alrms etc...I put them off thinking that I would get the things done then get them to check..never ever happened, what put the fear in me also was if kids accuse you of things...thats you tarred with that!!...sounds stupid but you have to be strong to cope with stuff like that...and all the paper work..you need to log EVERYTHING!!!!

I think childminders are in a league of their own and well done to them.....its a hard job for not enough pay in my opinion!

the course I did went on for wks and covered everything..ie, tax, insurance, fire exits, plans of your house, if a child accuses you of abuse, games you would play, things to eat, projects etc....my head was MINCED big styleeee by the end of it!!!haha!