I am doing a childminding course at present. Its something I've always wanted to do bt obviously i still have tomake a living. can anyone give me an indication of the kind of money I am likley to be able to make.
I am doing a childminding course at present. Its something I've always wanted to do bt obviously i still have tomake a living. can anyone give me an indication of the kind of money I am likley to be able to make.
I will move this to the Minding Chat section as you will get more replies there (the section you posted in is for problems with the forum)
Pauline x
Hi Helen
You will be self employed and the profit you make will be dependant on a lot of factors.
- demand for childminders in your area
- average cost per hour charged by minders in your area (varies)
- Number of spaces you have
- number of pre-school places you have
- how quickly you are able to fill those spaces
- Hours you are willing/available to work
- willingness /ability to have over 8s in England/Wales
- How much your expences are
Many childminders are able to make "enough" money but as you are self employed you can have quieter/busier times and need to plan accordingly. I have had a short break from minding after moving from England to Wales and feel it is good for me. It is difficult to give you a figure as it varies from minder to minder
It really all depends on a number of factors
How many children you have in the under 8 range as this restricts the number of children you are able to take on
How hard are you willing to work? My day is 6.30am start and I rarely stop by 9pm and then paperwork in the evenings or weekends
I know of a couple of childminders who make great money and others who just like to trickle along
the answer I suppose it up to you and the demand out in your area
It really is like asking how long is a piece of string. Sorry to waffle
Debbie
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