Big school means big financial changes

 

“Big school’ means a lot of things, however from a financial perspective it means NO MORE CHILDCARE FEES!

Did you know that it is not unusual for parents to spend $10,000 or more per year on long day care per child?

That equates to more than five months of repayments every year on their mortgage!2

For many families, the start of primary school is an opportunity for a parent to increase their hours of work or return to the workforce on a part or full time basis. This can have a significant effect on family income, lifestyle and relationships.

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