Half of parents rely on grandparents for childcare due to rising costs
Half of parents are turning to grandparents to help care for their children - as a fifth struggle with the cost of childcare. A study of 1,000 parents with children aged one to five found 20% rely on grandparents to care for their little ones due to the financial burden of nursery and formal childcare.
TL;DR
- 20% of parents rely on grandparents for childcare due to the financial burden of formal childcare.
- Grandparents save parents an estimated £5,370 annually.
- 75% of parents worry that their parents' health issues will impact their ability to provide childcare.
- 36% of parents have observed worsening eyesight in their parents over the last five years.
- 61% of parents believe grandparent involvement strengthens family bonds.
- 71% of parents agree grandparents play a more active role in childcare than ever before.
- 81% of parents have needed grandparents to step in at short notice due to emergencies.
- Early treatment for sight loss is crucial to ensure grandparents can remain actively involved in family life.