Parenting News: Childcare Costs Have Risen by 4% Since March
Parents are being left even more out of pocket when it comes to childcare as cost have risen, on average, 4 per cent since March.
Hiring a live-out nanny would have cost you £8.59 an hour in March, whereas in June the average cost was £9.07.
Childcare has initially dropped at the beginning of this year by 2 per cent but the costs are beginning to soar once again.
This is leaving many parents worried as to how much a babysitter, nanny or childcare professional is going to cost them and they are frantically searching for cheaper childcare.
Saskia Davis, mother of two, from Newcastle said, “Being a working mother with the summer holidays fast approaching, I worried about childcare for the kids as I can’t afford to give up my job.
“A friend introduced me to Findababysitter.com where I found Lily, a wonderful babysitter and we negotiated a fair rate. The kids can’t wait for her to get started!
“As childcare prices continue to rise, it’s difficult to find a suitable solution, but although money is tight, knowing my children are in the safest hands is worth every penny.”
Findababysitter.com, who conducted the research, found that thousands of people have been flooding to their site in order to get better value for money when it comes to childcare.
Tom Harrow, working dad of one and CEO of Findababysitter.com, said, “We offer parents the same supportive service that a childcare agency can offer, but without the high fees.
“The demand for cost-effective childcare is rising by the second – we see hundreds of new members registering their childcare requirements every day.
“Our research tells us that we’re helping parents to save an average of £1856 per year, at least, and in some cases, up to £2,600 by avoiding expensive childcare agencies.”
Are you feeling the effects of rising childcare costs? Let us know by commenting below or tweeting us @FemaleFirst_UK
Tagged in Parenting Money childcare Parenting News