Children and financial planning
Children and financial planning – our guide to financial considerations when having children.
Having a child is one of the biggest emotional, logistical and financial commitments you can undertake.
Research by the Centre for Economics and Business Research estimates that the cost of raising a child to the age 21 is almost £240,000.
This figure is an average: some parents will spend more and others less. Whatever your decisions, with careful financial planning you can provide for your child or children in the way you wish.