Due to COL I've been considering going full-time. I currently do 21 hours a week spread over three days. I have one DC in primary school.
I've just been looking at take home pay for full time hours to compare and see how much better off I would be. With tax, NI and pension contributions my income would increase by around £500 a month (if I was to stay working in my current organisation). I understand I could apply for tax free childcare, but I'd be spending roughly an extra £200 a month on ASC. More petrol, and of course, less time at home with the family. Basically I'd benefit by around £250 a month.
I have a partner who works full-time. We have a joint account. We put a percentage of our salaries in to cover cost of living. Every month I feel like I am less and less better off because of rising costs. But for the sake of £250 a month, it doesn't seem worth it.
Has anybody benefited from going full-time? If so, how? Not necessarily financially, but overall.