Does childcare cause you concern?
Unsurprisingly, our exclusive insight has revealed that childcare continues to be an issue for many of you. Not only do you want to ensure that your children are looked after by people you trust, but our research has also shown that many of you are increasingly worried about the impact the growing financial cost of childcare will have on your household budget.
This is perhaps understandable, especially with our research revealing that many of you parents spend an average of £85.90 a week on childcare – equating to almost £4,500 a year, and a sixth of the average salary.
Clearly this cost hasn’t gone unnoticed either. In fact, one in 10 of you stated that childcare was your biggest household expense (excluding rent or mortgage), whilst over a tenth of you also admitted you needed to borrow money from family members to pay for childcare.