Child care nursury costs

[Vics100pink]

We can't afford any fees up front, and would be asking the government for help, how does this work and do you register your baby then get the money how does it work can't afford anything up front for care

Childcare Vouchers? New tax free childcare scheme?

Most nurseries ask for a deposit or registration fee to secure the place
Some also ask for a months fees up front as well
I have never heard of tax credits funding this
You normally need to be registered to be able to claim
If you tell the nursery you cannot afford the deposit or first months fees then the nursery is likely to look at you as a risky parent and insist on money up front
They are not likely to want to wait for your tax credits to come through

You will need to pay upfront. If you're claiming tax credits, you can let them know you're going back to work a month before you start, and will need to claim childcare, and they'll amend the award. But they're unlikely to give you the money before your child starts at the nursery.

Omg that's not good now I'm panicking as to how I will afford that, omg I'm now so scared how will I make this work I don't know what to do

At my nursery you will have to pay £100 deposit and the first months fees when you start
This is pretty standard
Fees are due on the first of the month and late payers have their place suspended till the fees are paid
Do you not have any savings you you could use?
Could you not start saving now?

Yeah but don't have the money, won't be enough to cover the care needed, omg so scared now really am this is a nightmare

How long before you need the place?

Have you found a nursery with a place, and what size of deposit does it ask for? And does it require fees monthly in advance (both pretty normal conditions, though the monthly payments should be reduced by the Early Years Education Grant when DC is old enough.

So I suppose I'm asking his big is the sum you need to find, and how long have you got before you need it?

You will have to ask the nurseries local to you what deposits they charge
Some do special promotions where you don't pay a registration or deposit

Found a nursury yea, but can afford just the. Deposit and registration fee total of 200 but no way can I afford the 800 monthly upfront payments of fees

Would I be able to do you reckon register my child in nursery take 2 weeks holiday from work so I'm got in income and then hubby takes 2 weeks holiday I'm at such a loss

I don't understand your question, sorry

If your baby is 7 days old, when do you need to go back to work? (ie how long have you got to save!)

I'm not sure about holiday but I can't imagine they'd pay anything if your child hadn't started nursery. So if you say you're going to start in September, they're not going to pay the money in August, even if you're on leave rather than maternity.

I just trying to work out how I could afford it any way as I'm so scared

Omg I'm not going to be able to cope what can I do I'm so terrified how do people pay like 800 upfront

I had this x2 DC. The nursery I looked at wanted over £1000 upfront. They wouldn't reduce the deposit by the 15 hours funding amount either. I went with a childminder who didn't ask for any deposit fees and I pay her every month in arrears.

They take it out of savings or budget for it by putting a little bit away from wages each month
If your baby is only 7 days old, when are you planning on going back to work?
Not many babies do full time
A lot of parents get family to help out and a lot of woman do go part time after having a baby
Some women decide not to go back to work at all

Can't afford to not work honestly, and have no family to help out and no savings silly I know, and even if I did would be no where near 800

You could register the baby to start on x date, the "go back to work", but take leave a month before. Once your baby has started nursery, then you'll probably be charged full or part fees anyway.

Can you save from your smp/oh wages? You may find your day to day expenditure is less if you aren't working (travelling, lunches etc). Meanwhile keep outgoings tight - no holidays, meals out/takeaways, menu plan and so on. Even saving £20 a week would get your upfront payment within your ml if your baby is still newborn.

People save before maternity leave, during maternity leave, budget and go without things, some decide they can't afford childcare and have to give up work. Some people can only think about working again when their children are old enough for the 15 hours.

A lot of people have to decide whether it is financially viable for them to work when the majority of their salary has to be used on childcare.

When do you need the nursery place? Could you use a childminder instead? Some childminders are happy to be paid weekly in arrears.

Can you condense your working hours so that your DC spends less time in nursery? That'll reduce the initial £800 and ongoing £800 costs.

Nursery fees are just one of those things you have to save for. Once they're in nursery, you might be able to minimise costs via childcare vouchers or the new Govt tax-free childcare scheme.

It is what it is.

If the baby hasn't been born yet and you will be taking 9 months maternity leave you can save the £20/week child benefit every week for 40 weeks (9 months) and that will give you £800.

Good thought , forgot about cb.

Baby is 7 days old, we need oh wages and smp to live so no room to save.. I am stuck anyone have any ideas please I'm so scared and feel useless as a mum