Teachers are facing increasing financial pressure due to changes in pensions, the public service pay freeze and proposed changes to pay negotiating terms and conditions. For some, changes to working tax credits and child benefit also mean the loss of a significant lifeline.
There are places that teachers can go for help. Last year, we gave nearly £150,000 worth of grant payments to teachers and their families. Despite this, many teachers are taking extreme measures to make ends meet.
“I have to reduce my heating bills and one way I do this is to go to the library every other day for a couple of hours with my three-year-old son,” explained one respondent to our online survey on money issues. “This means that we are both warm during the day and only have to pay for heating during the evenings.”
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