Nearly half of parents shocked by school-related expenses

28th November 2024 Consumer Collections | #childcare

New research by Legal & General study has found that nearly half of parents (47%) report being shocked by school-related expenses. Unexpected expenses are a common challenge for parents, with 44% dipping into savings to cover surprise childcare costs and 39% relying on credit cards for additional support. During school holidays, nearly half (47%) of…

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Rising cost of childcare drives one in three away from their career

14th April 2023 Consumer Collections | #childcare

New research by Credit Karma has found that almost one in four (23%) parents can no longer afford their current childcare arrangements. In the wake of the Spring Budget, which promised 30 hours per week of free childcare for under-fives by 2025, the Great British Credit Report has revealed many parents are being priced out of the…

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