Mainstream media article says it's not lending, its prices.

StevieJ

Graham_Devon wrote: »

Were talking about 2 parents working full time.

Have you never heard of after school club?

StevieJ

chucknorris wrote: »

Steve, I used to play the wag all the time as a child, obviously I left school with poor qualifications, and ended up as an electrician, rather than a professional. But suddenly I realised at the age of 27 what a fool I had been and went back into education as a mature student aged 28 (after a year bridging course) and got a first class honours degree, which really switched my life around, which lead to a far more profitable career than business owner.

Even now I can't explain why I was so 'none compliant' as a child, to be honest even though I have been through that experience I would still struggle to deal with a 'carbon copy' of myself at that age.

Well done Chuck, I know a lady who came to the same conclusion as you at 39, first class honours same as, and top performer in the Chartered Accountant exams. I guess there is still hope for many.

adr0ck

StevieJ wrote: »

Have you never heard of after school club?

steve that would involve graham reading peoples posts and having a proper debate

this is the real world were talking about here:D

StevieJ

Percy1983 wrote: »

I never said the the women should stay at home, equal rights say my other half can earn as much as me so I should be able to stay at home and keep the family home in order while always being there for my children and not paying strangers the raise them.

I do question how different society would be today if family was still promote to work this way.

It can be quite healthy for children to encounter 'strangers' not to mention other kids (nursery) during their formative years, a combination of the two is probably the ideal.

Graham_Devon

StevieJ wrote: »

Have you never heard of after school club?

Have you never heard of school holidays?

After school clubs cost money BTW. Hence the childcare costs talked about earlier.

StevieJ

Graham_Devon wrote: »

Have you never heard of school holidays?

After school clubs cost money BTW. Hence the childcare costs talked about earlier.

So what do you do with your 11yo during the school holidays? I was shipped off to grandparents or aunties BTW.

Graham_Devon

StevieJ wrote: »

So what do you do with your 11yo during the school holidays? I was shipped off to grandparents or aunties BTW.

Stevie, PLEASE read the convo.

We were talking under 10's a min ago.

I've just looked at a couple of after school and holiday clubs.

Morning and evening session could typically cost £25 per day. That includes school transfer morning and afternoon, breakfast and dinner (at 5). This is up to 6pm. Cut out £1.95 for dinner if you like.

Thats £125 per week.

In holiday times (13 weeks a year) you are looking at £36 a day, including lunch and dinner.

Thats £2340 for holiday time.

£4150 for term time, excluding 5 weeks holiday.

1 child = £6490

BTW ardrock, I'm always happy to get involved in discussion as above. After school clubs are part of childcare costs, as mentioned before, and as you can see above. These things are not magically free. Hence were back to reality again. Reality above.

http://www.village-end.com/after_school_club/fees.html

EDIT: In answer to your question, at 11 I was left to my own devices.

Percy1983

StevieJ wrote: »

It can be quite healthy for children to encounter 'strangers' not to mention other kids (nursery) during their formative years, a combination of the two is probably the ideal.

There is merit to that I won't deny, but surely you should see your parents more than stangers.

HAMISH_MCTAVISH

2007:
House prices higher.
Interest rates higher
Total sales twice todays levels
Sales to FTB's twice todays levels.

2011
House prices lower
Interest rates lower
Total sales half of 2006/2007 levels
Sales to FTB's half of 2006/2007 levels.

It's indisputably lending that's the issue.

adr0ck

Graham_Devon wrote: »

Stevie, PLEASE read the convo.

We were talking under 10's a min ago.

I've just looked at a couple of after school and holiday clubs.

Morning and evening session could typically cost £25 per day. That includes school transfer morning and afternoon, breakfast and dinner (at 5). This is up to 6pm. Cut out £1.95 for dinner if you like.

Thats £125 per week.

In holiday times (13 weeks a year) you are looking at £36 a day, including lunch and dinner.

Thats £2340 for holiday time.

£4150 for term time, excluding 5 weeks holiday.

1 child = £6490

BTW ardrock, I'm always happy to get involved in discussion as above. After school clubs are part of childcare costs, as mentioned before, and as you can see above. These things are not magically free. Hence were back to reality again. Reality above.

http://www.village-end.com/after_school_club/fees.html

EDIT: In answer to your question, at 11 I was left to my own devices.

i think the average local authority costs per kid a week in a holiday play scheme is about £80 a week in england (remember this from somewhere)

lets call that £640 (8 weeks x £80) (13 weeks hols - 5 weeks for parents on hols)

£1 breakfast club per day + say £10 per day for after school club

lets call that £2145 (39 weeks x £55)

total of say £2785 per child

thats over half what you priced graham

so lets say your own school doesn't run after school club and needs to have school transfer etc and this costs £20 a day instead of £11 a day

lets call that £3900 (39 weeks x £100)

total of say £4540 per child

and the average total tax credit for chilcare is £3500

its still worth working for an average salary of £26,510