Childcare costs?
13 October 2004, 10:58 AM
#61
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Originally Posted by the moose
I take your point about resale, but I run three cars (all needed) and one of them is a Saab 9000 - cost £1000, has 150k miles on it, totally reliable, and I'd rather be in it than a Scoob if a really nasty crash happened. It's cost the square root of sod all in the two years I've had it. You may not want to sell the Scoob, which is fair enough, but it's certainly not a sensible choice for the budget-conscious motorist!
£1500 over 3 years - and I'd prob sell it for £1k now! That's £500 over 3 years!
People say they can't cut back, but you see them with their Sky subscriptions, ****, fancy mobiles, fancy clothes, etc....
13 October 2004, 10:59 AM
#62
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Moose I know where your coming from, but have you seen the difficulties people are having selling their scoobs? One such as mine recently took over 3 months to sell on here and Autotrader. I neither have the money or the time to spend on that amount of advertising and the fact the price is so ridiculously low i'm not prepared to give away a car that is my prize possesion and runs perfectly and has never gone wrong on me. Its the most reliable car I have ever had so thats why I am reluctant to give it away for a silly price and buy something thats most likely to be very unreliable in comparison.
13 October 2004, 10:59 AM
#63
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I'll look after your kid W69, I dont have any myself or any parenting skills (not that you need any mind 
) but I have a nice dark cupboard upstairs and could easily get my hands on some farleys rusks, £600 PM, kaching!!
) but I have a nice dark cupboard upstairs and could easily get my hands on some farleys rusks, £600 PM, kaching!!
13 October 2004, 11:00 AM
#64
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Originally Posted by **************
The holier than thou lot on Scoobynet really **** ME OFF at times, so to those who fall into that category don't even bother replying to this thread as your stuck up your own ar$es attitude is not welcomed by me at the very least.
13 October 2004, 11:07 AM
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Originally Posted by **************
Moose I know where your coming from, but have you seen the difficulties people are having selling their scoobs? One such as mine recently took over 3 months to sell on here and Autotrader. I neither have the money or the time to spend on that amount of advertising and the fact the price is so ridiculously low i'm not prepared to give away a car that is my prize possesion and runs perfectly and has never gone wrong on me. Its the most reliable car I have ever had so thats why I am reluctant to give it away for a silly price and buy something thats most likely to be very unreliable in comparison.
As you say though, you are where you are, so make the most of it, 'cos you may not be able to afford another for a good few years!
13 October 2004, 11:11 AM
#68
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Moose didn't even buy it new, bought it 2nd hand 3 years ago, in that 3 years prices have hit rock bottom. I'd never buy any new car for that very reason. Learnt my lesson with that one as well on motorbikes, sold the R1 i'd had from new to help buy the new house we have and bought a 2nd hand bike for commuting on that was half the price. In 10 months I lost £2.5k on the resale value of the bike 
- never again!
- never again!
13 October 2004, 11:19 AM
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Originally Posted by **************
FYI imlach we neither have Sky, don't smoke, mobile is on a work contract of £3 a month and as anyone who knows me knows I don't posses any smart clothes! So no not everyone has things to cut back on that are so obvious.
This was before we got onto the satellite TV, the credit cards, and the fact that he was determined to get a £20k conservatory ("but I'll just add it to the mortgage, so I'll never notice it").
The guy was a walking financial time-bomb, and the worst of it was that he genuinely couldn't see where to cut costs. Even when it was pointed out that golf versus kid is just a non-choice, he disagreed. Idiot.
13 October 2004, 11:21 AM
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Originally Posted by **************
Moose didn't even buy it new, bought it 2nd hand 3 years ago, in that 3 years prices have hit rock bottom. I'd never buy any new car for that very reason. Learnt my lesson with that one as well on motorbikes, sold the R1 i'd had from new to help buy the new house we have and bought a 2nd hand bike for commuting on that was half the price. In 10 months I lost £2.5k on the resale value of the bike - never again!
- never again!
13 October 2004, 11:24 AM
#71
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Yeah, for some people it is more about trying to save their lifestyle than save money. I doubt that this is the case with B2Z, though.
FWIW I've had to cut down on wine buying - only 6 cases IP per vintage, now
On the plus side, I can always sell some if things get *really* bad.
FWIW I've had to cut down on wine buying - only 6 cases IP per vintage, now
On the plus side, I can always sell some if things get *really* bad.
13 October 2004, 11:26 AM
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Originally Posted by ProperCharlie
Would I be able to get this sort of cover, being as it's my own business? I would have thought that the insurer would take the fact that I am seeking cover as an indication that I might well need it!
you should be able to get it OK. they usually have a lead in time before the insurance becomes effective (anything from 30-180 days) and a deferred period before it pays out (again 30-180 days) Basically thins means if you take the insurance and your company folds 3 weeks later they wont pay. If you hang on in there for 6 months they will pay after your chosen deferred period.
The point about buying insurance is that you are supposed to think you might need to claim on it. Otherwise why would you pay
13 October 2004, 11:31 AM
#73
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Originally Posted by fast bloke
you should be able to get it OK. The point about buying insurance is that you are supposed to think you might need to claim on it. Otherwise why would you pay
13 October 2004, 11:35 AM
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I dont have anything I can cut back on either.
But if push came to shove I would put my child before an other watch purchase, and if it was required, I may sell ONE from my collection of 27.
Probably the Seiko Sports150, coz its cr4p, that should cover a box of milk powder.....
On a serious note if I had too, I would cut back on going out drinking and eating out, use the Peugeot instead of the Sub, get some weekend work, sell some watches, do some 'bits and bobs' to earn more pennies, and if push came to shove I would sell the Sub and use the Cherry, where theres a will theres a way....
By the way, Im not minted, I have NO savings, I spend what I earn and the more I earn, the more I spend, Ive never been left any money and the biggest windfall to come my way was 3 numbers on the lotto.
This is how I want it to be.
But if push came to shove I would put my child before an other watch purchase, and if it was required, I may sell ONE from my collection of 27.
Probably the Seiko Sports150, coz its cr4p, that should cover a box of milk powder.....
On a serious note if I had too, I would cut back on going out drinking and eating out, use the Peugeot instead of the Sub, get some weekend work, sell some watches, do some 'bits and bobs' to earn more pennies, and if push came to shove I would sell the Sub and use the Cherry, where theres a will theres a way....
By the way, Im not minted, I have NO savings, I spend what I earn and the more I earn, the more I spend, Ive never been left any money and the biggest windfall to come my way was 3 numbers on the lotto.
This is how I want it to be.
13 October 2004, 11:48 AM
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You've got to be carefull where you cut costs, golfer man may just resent new baby if he had to give up his hobby...leading to end of marriage and doomand gloom.
My wife's got it made, she doesn't even work yet I'm shelling out £300 a month to put our new born into nursery 2 days a week so Niki can 'do lunch' and do a days charity work every week....shesh!
Cman
My wife's got it made, she doesn't even work yet I'm shelling out £300 a month to put our new born into nursery 2 days a week so Niki can 'do lunch' and do a days charity work every week....shesh!
Cman
13 October 2004, 12:34 PM
#78
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Check here for your entitlements:
https://www.taxcredits.inlandrevenue.gov.uk/HomeIR.aspx
and here
http://www.inlandrevenue.gov.uk/indi...-credits.shtml
P.S. I have tried every combination up to 50k and am still not entitled to penny of child tax or family tax credits.
https://www.taxcredits.inlandrevenue.gov.uk/HomeIR.aspx
and here
http://www.inlandrevenue.gov.uk/indi...-credits.shtml
P.S. I have tried every combination up to 50k and am still not entitled to penny of child tax or family tax credits.
13 October 2004, 12:52 PM
#79
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Originally Posted by **************
If the limit is £50k then we are no where near that what so ever combined or single or whatever - in fact a very very long way from that. I am on the site now finding out more as I had been told the limit was about half that figure!
13 October 2004, 01:02 PM
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Originally Posted by imlach
Strange - when I enter some numbers into it, even at £60k, it's still giving a tax credit.........
The limit is 58k. Over 50k you don't get childcare entitlement. If your entitlement is less than £26.00 pa they wont pay anything.
For some obscure reason I have to know this so I can give mortgage advice
(Goes up to £66000 is you have a child under 1)
13 October 2004, 01:02 PM
#81
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It says i'm not entitles to child tax credit, but am entitles to family credit.
When I go to look at my entitlement it says £0.00.
Still prefer the idea of seperation and letting the government pay for childcare and legal aid and travel costs and the rest of the huge list on the site.
When I go to look at my entitlement it says £0.00.
Still prefer the idea of seperation and letting the government pay for childcare and legal aid and travel costs and the rest of the huge list on the site.
13 October 2004, 01:11 PM
#83
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OK i'm lost on this now, does the child tax benefit include payment for child care? Wasn't there a scheme launched where you applied for government paid nursery places?
In terms of child/family tax credit what ever it is we are entitled to under £500 so that doesn't exactly help much over a year!
In terms of child/family tax credit what ever it is we are entitled to under £500 so that doesn't exactly help much over a year!
13 October 2004, 01:17 PM
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Originally Posted by **************
OK i'm lost on this now, does the child tax benefit include payment for child care? Wasn't there a scheme launched where you applied for government paid nursery places?
In terms of child/family tax credit what ever it is we are entitled to under £500 so that doesn't exactly help much over a year!
In terms of child/family tax credit what ever it is we are entitled to under £500 so that doesn't exactly help much over a year!
So, in reality, you only have to pay for childcare for 2 years or so....if you decide you can't afford childcare, but your partner HAS to work in this short period, then that's your decision. I don't think the goverment should be funding (unnecessarily perhaps) mothers who feel they NEED to work regardless of financial strife they get in through having to pay for childcare for this short period of time (2 years). You're obviously earning enough as a couple at that level for the goverment to think you'll cope.
...but anyhow, they're giving you £500 to help with it - £10/week, not much, but why do you EXPECT more?
Last edited by imlach; 13 October 2004 at 01:21 PM.
13 October 2004, 01:26 PM
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It does raise another debate. The number of working mothers with children under 2-3 years of age is HUGE compared to a generation ago.
What does this tell us? It tells me that everyone is now more financially stretched and wants to support the majority of the lifestyle they had pre-children.
If I think back to my childhood, most of my friends mothers didn't work....nowadays, it is very rare to find a non-working mother.
It's because we all want too much now. 2nd cars, conservatories, 2 foreign holidays, and generally a lifestyle we can't all afford - or rather, one that when children come along, the children seem to come after a Subaru
Number of families I remember in the 70's with 2 cars? None. Number now? Loads. Lazy lard a$$es
What does this tell us? It tells me that everyone is now more financially stretched and wants to support the majority of the lifestyle they had pre-children.
If I think back to my childhood, most of my friends mothers didn't work....nowadays, it is very rare to find a non-working mother.
It's because we all want too much now. 2nd cars, conservatories, 2 foreign holidays, and generally a lifestyle we can't all afford - or rather, one that when children come along, the children seem to come after a Subaru
Number of families I remember in the 70's with 2 cars? None. Number now? Loads. Lazy lard a$$es
13 October 2004, 01:45 PM
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I get the £500 per year and it comes in handy when I need to nip to the shops
Anyway, when Hollie was nearly 4 I got nursery vouchers which do not cover the cost of the private nursery cost at all - nowhere near! But when I was a single parent, I got 70% of my childcare costs covered, plus a bit extra for having a "low" income while trying to provide a roof over our heads.
Perhaps the Government have got it wrong and are giving out money *****-nilly to single mothers and not to families.
I sort of agree with Imlach - but not entirely!! It is true that because of women going out to work, this has meant a raising of the average family's standard of living and a higher expectation of what we should "have". My Mum didn't work until I went to Junior school and we didn't even have a car until I was 7. (And then it was a 2nd hand Cortina that kept losing its gear stick)....
I am not saying that we should go back to those ways, but I would certainly like to be able to have another child and be able to afford to do stuff with it and keep my car and go on holiday. Belts would have to be tightened, but I think the extra benefit you get from going out to work such as the social aspect and ability to earn more money outweighs the negative. I mean, how many Mums go to coffee mornings these days?
Anyway, when Hollie was nearly 4 I got nursery vouchers which do not cover the cost of the private nursery cost at all - nowhere near! But when I was a single parent, I got 70% of my childcare costs covered, plus a bit extra for having a "low" income while trying to provide a roof over our heads.
Perhaps the Government have got it wrong and are giving out money *****-nilly to single mothers and not to families.
I sort of agree with Imlach - but not entirely!! It is true that because of women going out to work, this has meant a raising of the average family's standard of living and a higher expectation of what we should "have". My Mum didn't work until I went to Junior school and we didn't even have a car until I was 7. (And then it was a 2nd hand Cortina that kept losing its gear stick)....
I am not saying that we should go back to those ways, but I would certainly like to be able to have another child and be able to afford to do stuff with it and keep my car and go on holiday. Belts would have to be tightened, but I think the extra benefit you get from going out to work such as the social aspect and ability to earn more money outweighs the negative. I mean, how many Mums go to coffee mornings these days?
13 October 2004, 01:48 PM
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We can go to fully paid childcare if you all like, but it means one thing - higher taxes.
In Norway they have 1 years paternity leave FFS!!! However, taxes are HUGE!
You can't have it both ways.
In Norway they have 1 years paternity leave FFS!!! However, taxes are HUGE!
You can't have it both ways.
I get no paid paternity leave at work 
13 October 2004, 02:02 PM
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Originally Posted by Clarebabes
I think the extra benefit you get from going out to work such as the social aspect and ability to earn more money outweighs the negative. I mean, how many Mums go to coffee mornings these days?
A 2 year break is NOT going to harm your career. If you CHOOSE to want to work in those 2 years, YOU have to pay for the childcare (with a teeny bit ot state help).