Costs Of Raising Children
Study warns Brits underestimate cost of key events by £132kUK consumers are vastly underestimating the cost of life’s major events including getting married, raising a first child or going to university, a study reveals. |
The cost of raising a child reaches £218,000Parents are having to spend more money on raising a child than their counterparts did just nine years ago, LV= has found. |
Cost of housing a second child estimated at £60,000Accommodating a second child could force parents to have to make a significant financial commitment. |
Poverty to rise in UK as inflation outpaces wages and benefitsThe Institute of Fiscal Studies (IFS) reports Child Poverty Act targets will not be met and there will be a large increase in people living in poverty in the UK by 2021. |
Family finances: Navigating the benefits for children mazeThere are many benefits available to parents to help with the cost of bringing up children but the rules are complex and vary according to family income. Kate Saines takes you through the system. |
Families shrink as child costs spiralUK families are set to become smaller as the cost of raising children increases, according to new research. |
Newsletter sign up