childminding costs

Glamazon

daddysteve wrote: »

we worked out if my wife doesnt go back to work we are £120 down a week if she does go back to work we are only £40 pound a week down that was with benifits.

bear in mind benefits are set to change so I wouldn't rely on that.

go_cat

Also don't forget when you are calculating childcare costs a lot of childminders / nurseries want paying for bank holidays and holidays even if the child is not there, but you need to be aware of this as it does make a difference

Joannag_2

I work full time and pay my childminder £35 a day. If I earned less I am sure I would be entitled to help, in the mean time it is a means to keeping hold of a job until they are at school! You will never find a childminder to work £10 a day - perhaps your wife could train to be one instead?

kittiej

The nursery I use charges £150 for a full week, you can pay for days but I think this is £31 or £32 per day. They only do full days whereas the council run nurseries do offer half-day sessions.

They also do a holiday club at £100 per week.

They offer breakfast, lunch and a light tea and do different activities and have different guests come in to speak to the children.

My 2 love going but I end up working for almost nothing for these weeks that they go to holiday club by the time I've paid £200 and the extra money in diesel.

I don't get charged for bank holidays but the council ones round here do charge so it all depends really.

Without trying to be nosey - only helpful, you might be better off posting up a SOA because we would get a better idea of what you've got coming in as it could be you're not getting all you're entitled to. We could also pinpoint any areas where you could cut back eg groceries = these would be reduced due to less meals being needed by your child and being provided by a CM?

Just a thought

property.advert

Even the maximum 80% of £175 per week tax credits which works out as £140 per week is not enough. Where I looked the costs were around £190 to about £300 per week. Had my situation not changed, my best solution was a live in au pair as I needed cover before and after nursery. Anyway I digress.

As someone stated above, you need to get the figures out in the open as £50 per week is not anywhere near enough. That means it is not possible which means that you have a serious financial problem of the magnitude of about £100 per week minimum. You need to look at all available benefits (though I hate to say that) and whether you are missing something but also consider whether the work you or your wife does is actually viable when child care costs are introduced. It sounds as though it is not, to some degree. An SOA would help.

M_A_R_I_E

£50 would probably get you 2 days with a decent childminder up in the north West.

Good suggestion of your wife retraining to be a childminder.

I'm sorry if i sound rude but have you only just realised that you are in this situation? When people have children they realise the financial implications and have to adjust accordingly. Are there other areas in your life that you could cut back on to enable your wife to return to work part time?

gratefulforhelp_2

Nursery fees here £600 per week, childminder will be around £4 per hour.

chloe99_2

But if your £40 down per wk working and £120 down per week not working doesnt include childcare, then you can expect to pay say £3 per hr minimum for a childminder, at perhaps 5 hrs a day on average (taking account of your shifts) this would be another £75 per week bringing it up to £115 down at work and £120 down not at work.

I'm sure someone will disgree, but what's the point in your wife going to work then? She has a young child, you will barely be (or even wont be) any better off, and your wife is proably the best person to look after your little one. If she needs some time out maybe she could consider part time hours?

nottslass_2

gratefulforhelp wrote: »

Nursery fees here £600 per week, childminder will be around £4 per hour.

OMG where ?

nottslass_2

gratefulforhelp wrote: »

Nursery fees here £600 per week, childminder will be around £4 per hour.

Just had a look and think that may be a slight exaggeration !!

Average nursery fees in england and wales are £152 pw (for under 2's) and in central London its £205 pw