Nursery costs more than a lot of people earn net of tax & tax credits
in MoneySaving dads
18 replies 3.5K views
There's no point both parents working and using a nursery if nursery costs exceed what one parent makes per hour net - even if one parent isnt at their PAYE or NI thresholds the couple will probably be above the tax credit threshold and thus subject to a 41% withdrawal of benefits on anything earned
This discussion has been closed.
Latest MSE News and Guides
Did you know there's an MSE app?
It's free & available on iOS & AndroidMSE App
Regifting: good idea or not?
Add your two cents to the discussionMSE Forum
Energy Price Guarantee calculator
How much you'll likely pay from AprilMSE Tools
Yep, I worked for a minus amount of money it was also very beneficial for my DD to go to nursery as she loved it - it wasn't the alternative choice I worked so that she could go to nursery, not the other way around.
And also, some people think nursery is a better alternative for their kids - as I did.
So if the choice is preferential that he is at home, then that's the financial commitment to be made, rather than spending on nursery.
Both cost loads - there's no easy way out kids are expensive to bring up.
Don't forget that the news only focuses on the few cases where something bad has happened. Thousands of children attend nursery every day and the news doesn't report on it. Staff should be trained and DBS checked (although admittedly a DBS doesn't mean that someone isn't a criminal, it just shows that they have no record on the day of issue). Ratios should be adhered to, and the nursery should be bright and welcoming with a friendly atmosphere.
The vast majority of nurseries are fine, employing staff who want to work with children because they enjoy it.
At some point, your child will attend school, and nursery can help a child to gain confidence and social skills.
I am a Rainbow and Brownie leader. Parents have been trusting me with their children for over fifteen years. As a parent myself ( three children, one with special needs), I know it's hard to trust at times, but it's essential if you want your child to grow and develop into a confident and social person.
Unless you are police checked parents tend to not want random other adults hanging around their children's nursery.....as you wouldn't either.
Most abused children are abused by parents or another family member though ......so statistically your child is safer at nursery than in his own home.
MSE Florida wedding .....no problem