Mar 142013
 

With thanks to Robin Li Laing.

Faced with the ever-rising cost of bringing up a child, Aberdeen parents are selling and bartering in a bid to reduce the cost of raising children.

At last month’s Aberdeen Jack & Jill Market, 574 savvy shoppers saved hundreds of pounds.

31% of sellers made £100-£200, 44% made £200-£350 and 23% made over £350 with the top-selling stall making a fabulous £583!

This month’s local Aberdeen Jack & Jill event will be on Sunday 17th March at the Hilton Treetops Hotel in Aberdeen.

It costs £90,000 to raise a child up to age 11, an increase of 15% over the past five years, according to new figures released by Halifax, whose economist, Martin Ellis, says the figures have,

“added to the already considerable strain on household finances during the economic downturn”.

But, when the going gets tough, the tough get going. As the cost of raising children soars, an increasing number of smart money mums have beefed up their selling and bartering skills to make and save money.

A trend is emerging where mums and dads are now much happier to choose selling and shopping at local car-boot sales and market days, as a cost-effective alternative to the high street for what their children need. Over a third of parents are now choosing to buy and sell second-hand, according to recent figures.

One organisation Aberdeen parents have turned to is The Jack & Jill Market which runs monthly nearly-new baby & children’s markets in Aberdeen and across Scotland, solely for local families, with the emphasis on quality goods.

The Jack & Jill Market is so swamped with demand from mums wanting to make and save money that new locations are being set up all the time in an effort to meet this demand.

Recent research has shown that UK adults can have up to £581 worth of useable but unused items; for a two-parent family this can add up to more than £1000, much of it locked up in buggies, bikes, cots, clothes, toys, and all the rest that still have plenty of life left in them.

It makes sense to release this money into the family budget.

80% of mums and families selling at the markets make £100-£350 in three hours of selling, with a significant number of mums having made up to £550 and our top selling mum to date making £800.

This is money that can then be re-invested back into the family budget to help with the ongoing costs of raising a family.

Many baby and kids items are barely used, or never used, and on offer at the markets for up to 90% off the retail price. And with over 13 million toys still ending up in landfill each year, it makes perfect sense to recycle and save money.

Local Mum Laura Letts said,

“We had a great time! Hoping to do another one early next year

Charlene McConnachie said,

“I got some great bargains that I am over the moon with”

Jack & Jill Community Market
Sunday 17th March,
Hilton Treetops Hotel,
Aberdeen,
from 10.30am – 1.30pm.
( Then again on Sunday 14th April. )

For further details, visit: www.jackandjillmarket.co.uk