Economy

Courses and summer centers: high prices affect the summer of children and families

Dear son, how much you cost me! Yes, schools are about to close and in addition to the organizational tetrix (three months without school!) the matter is becoming increasingly serious for the family budget. With the summer, in fact, comes the drain on parents: to the average 640 euros spent per month on their children (Bank of Italy data), a figure ranging from 600 to 1000 euros is added (KRUK Italia survey ). What affects the bills are the extra meals and some treats, but above all the summer camps, for which you spend practically like taking your children on holiday. It means that without school, in the summer, families have to budget between 1240 and 1640 euros per month to manage children and teenagers.

In Italy, supporting a child up to the age of eighteen costs over 175 thousand euros. Over the last twenty years spending has grown by 25%. We spend three times as much as Austria and France, double as much as Sweden. In Italy, says a report by the YuWa Population Research Institute, bringing a child to adulthood requires an expense equal to 6.28 per capita GDP. Only South Korea (7.8 times) and China (6.3 times) are more than us.

This is the starting picture. And then summer arrives and the cost of caring for young and pre-adolescent children with schools closed increases. Above all, those 600/800 euros more are affected by the recreational and educational activities that mothers and fathers seek for their children. According to the KRUK Italia survey72% of the sample sends their children to summer camps and 24% opt for a study holiday (even more expensive). Most children will spend three to four weeks on campus (31%), and some will spend more than four (24%).

And the bank account? 41% of the sample will spend around 200 euros more per week this year. And every year mothers and fathers find themselves faced with price increases that affect all sectors, including childcare in the summer. Everyone also agrees in underlining that in addition to annual increases there is always the question of additional costs. Trips and extra activities on campus that require an additional outlay. Indeed, 69% of those interviewed had been surprised by it at least once. All things considered, 21% of the sample spends the same amount they would use to take the children on holiday and 17% say they spend even more than a thousand euros. “From our survey we learned that 62% of the sample declared that they planned this expense, but 34% of those interviewed admitted that they were unable to respect the set budget. This is also due to the tasks, extraordinary expenses and unexpected events which, unfortunately, always have to be considered” explains Giusy Minutoli, Regional Manager of KRUK Italia.

Despite this, the economic factor comes in third place when looking for a summer camp for your children. First we look at the variety and quality of the activities offered (38%), then the convenience-proximity to home (28%) and finally the cost (17%). However, summer camps are the salvation, the only possibility for working parents. But then there are many who say: “In the summer I don't even see my salary!”. With the last bell comes an economic outlay for many families which means eroded salaries.