Money Magazine

Grandparents ride to the rescue

I am a big fan of grandparents looking after grandchildren. They are parents themselves, provide high-quality care and, best of all, offer unconditional love. Around 75% of grandparents see their grandkids at least once a month. Around 47% of grandmothers do “grandchild care” once a week compared with 41% of grandfathers.

Often grandparents rearrange their lives so they can spend time with their grandkids. They happily do it for free. This was what my mum did when I returned to work. She offered me a couple of days a week, which meant my kids only went to formal childcare for two days.

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