Building society Nationwide has revealed that parents could face over £15,500 in hidden expenses from reception to GCSEs, with extracurricular activities and extras accounting for the largest costs as families gear up for the new school term.
Nationwide has warned that parents can face more than £15,500 in hidden costs over a child’s school life, from reception through to GCSEs, as families prepare for the new term in September. The building society said its research shows the biggest burden comes not from books or basic supplies, but from the wider extras that often shape a child’s school experience. Clubs alone account for the largest share, averaging £700 a year and reaching £9,100 across a school career.
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