11 Jul Can you afford to foster?

When people think about fostering, one of the first questions that comes up is, “Can I afford to do it?” It’s a fair question because looking after a child brings extra costs, from food and clothing to activities and travel.

Foster carers receive a fostering allowance

This helps to cover the cost of caring for a child. The amount varies depending on the child’s age, where you live, and the service you work with. Many fostering agencies and local authorities also pay a fee to carers in recognition of the work they do. That said, fostering should never be seen as a way to make money. The allowance is there to ensure that children have what they need and can enjoy a stable home.

Foster carers are expected to provide a caring environment, and there can be times when extra expenses arise. There are always on-going appeals for foster carers as the demand is high. Therapeutic fostering goes beyond providing a safe home. Therapeutic foster carers receive additional training and they work closely with a multidisciplinary team. You can learn more at https://saferfostering.org.uk/therapeutic-fostering/ and get guidance.

Look carefully at your finances

Consider your household bills, any debts, and whether your income is enough to meet your needs. Many people continue working while fostering, although this depends on the needs of the child placed. For many foster carers, the financial support provided is enough to cover the costs involved. However, the biggest reward is not financial at all. Knowing that you have helped a child feel safe, valued, and supported can be life-changing.