Full time childcare more than mortgage

CLAPTON

the issue about the cost of child care that it has been entirely created by government and not unreasonable demands of the middle classes

DigForVictory

We found childcare for 2 equalled my husband's salary, so we "swapped" roles & he became the SAHP for our 3. Money is tight, feminism ("you can have it all") has gone clear out of the window, but the lads are healthy happy & I'll defend that tooth & nail.

Moto2

CLAPTON wrote: »

how when where did friends regularly look after other people's child for nothing?

few 'friends' just sit around all day with nothing else to do but look after other peoples kids from 8am to 6 pm

total fantasy


ps. I don't live in the SE

Going back maybe 10 years
We used to get 2 kids from down the road at around 6:30am school days, either me or my wife would take them to school with ours.
The other parents would pick them all up and keep them until we returned home, even if it was 10pm.
If we wanted a weekend away, they'd look after them and vice versa, nothing was ever tallied up or money paid either way.
In fact we still get her youngest some days after school as she has a problem with being alone.

CLAPTON

Moto2 wrote: »

Going back maybe 10 years
We used to get 2 kids from down the road at around 6:30am school days, either me or my wife would take them to school with ours.
The other parents would pick them all up and keep them until we returned home, even if it was 10pm.
If we wanted a weekend away, they'd look after them and vice versa, nothing was ever tallied up or money paid either way.
In fact we still get her youngest some days after school as she has a problem with being alone.

for this you would need to be CRB checked and your property inspected and meet minimum standards as this would be seen as a reciprocal beneficial arrangement

Depending upon the number of your own children this arrangement would probably be illegal.

You may recall the case of two police women with such a reciprocal arrangement who were threatened with prosecution.


In any event this only applies to children who are otherwise looked after during most of the working day.

And of course you couldn't do this unless the the other couple were available to pick up the kids at school throwing out time.

Whilst such arrangement may work for a few that are not a realistic solution for normal couples during full time jobs.

ca55ie

Why all the fuss.?
I worked part-time when my children were young. My salary was swallowed by the childcare costs until they went to school.
Back then we just accepted that was the way it was.

Having children costs money in one way or another - it always has!!!!

CLAPTON

ca55ie wrote: »

Why all the fuss.?
I worked part-time when my children were young. My salary was swallowed by the childcare costs until they went to school.
Back then we just accepted that was the way it was.

Having children costs money in one way or another - it always has!!!!

indeed so

the cost has, however, gone up far in excess of inflation due to direct and considered government action.

There used to be child minders who weren't GNVQ pt11 qualified, probably didn't carry out detailed risk assessments when taking children to the park or write daily reports on each child or have to meet ofsted directions or be crb checked etc etc

ukcarper

grizzly1911 wrote: »

That and the fact that two fullish incomes are needed to live these days and afford those those expensive houses.

We really have progressed.

When ours were young, nearly 20 years ago, the cost of child care, for two, would have virtually wiped out our second professional income. Luckily we only needed to do it for one day.

Never mind the government can subsidise that too.

Is that true


The median full time male salary is £29k the average price for a terrace house is £130k


£120k mortgage at 4% £640 a month £29k take home £1878 a month plus 2hrs a night cleaning £250 a month.

Graham_Devon

ukcarper wrote: »

Is that true


The median full time male salary is £29k the average price for a terrace house is £130k


£120k mortgage at 4% £640 a month £29k take home £1878 a month plus 2hrs a night cleaning £250 a month.

I'm not disputing your figures here, but they are very well picked. Low end house picked, high end average salary picked.

Your calculation, for example, means nothing down here, with the average full time salary being 19-21k depending on which stats you look at and the average terrace being 160k.

It will mean nothing in London. And it will mean nothing in Hull.

What I'm saying is, while the figures are correct, albeit chosen well, they are too vague to make any meaningful calculation on.

N1AK

bluep wrote: »

Nurserys have it sewn up - use cheap labour (it should be a much higher paid/high trained profession given the job they are doing), overheads aren't huge and its a captive audience. You have to book places months, even years in advance and they have waiting lists.

Why then, if it is such a blatant cash cow, don't you set up, or invest in, a nursery then? Have you got any evidence what so ever to support the idea that childcare providers are raking it in?

I'll admit I have no idea how childcare can cost so much without nurseries etc being goldmines but the figures I've seen on business failures etc don't support the argument that they are.

ukcarper

Graham_Devon wrote: »

I'm not disputing your figures here, but they are very well picked. Low end house picked, high end average salary picked.

Your calculation, for example, means nothing down here, with the average full time salary being 19-21k depending on which stats you look at and the average terrace being 160k.

It will mean nothing in London. And it will mean nothing in Hull.

What I'm saying is, while the figures are correct, albeit chosen well, they are too vague to make any meaningful calculation on.

The figures are for median full time male and average terrace house from Land reg obviously things vary around country. But I have not picked high end average salary or low end house price.