How long would it take you to save £60,000? It’s an amount of money many of us would struggle to pull together without a lot of time, sacrifice and a hell of a lot of help. What if I told you that this is the amount of money that one woman in Edinburgh has spent on childcare alone since her children (aged four and seven) were born? What’s perhaps more shocking is the fact that £60,000 is at the lower end of what parents in the UK are having to spend on childcare these days.
The fact of the matter is, we’re being crippled by childcare costs in this country. The 30 hours of free childcare that the government offers isn’t getting parents very far. Especially given the fact that parents are only eligible to apply once their child is three years old. So, for this week’s Stylist+ cover story, we interviewed 20 women to find out exactly how much they pay, how they’re managing the cost and how the excessive price of nurseries, nannies and after-school clubs are affecting their lives.
For Liz in Farnborough, the cost is more than her monthly mortgage. “It’s extortionate and painful and puts me off having a second child before [my first child] goes to school,” she explains. “On days when I look at the invoices a bit too closely, it can make me feel physically nauseous.” Mary Penny in London told us she’s considering taking out a loan to help cover the cost of care for her two children.
Some of the women we spoke to told us what they think needs to change to make paying for childcare more reasonable – and feasible. From extending school hours and simplifying government funding to enforced policies rolled out to support working parents, there’s a mammoth amount that needs to change. In the spirit of a transparent starting point, however, in this story we hope to lift the lid on what childcare looks like for real women right now. Because most women had no idea what the cost of childcare was going to look like until they started to receive the bill.
Jazmin Kopotsha
Executive editor, Stylist