The cost of having children is not only getting more expensive, but the financial responsibilities of being a parent are becoming even longer term. Not only are there the additional costs of putting a child through University to consider, but if your child stands any chance of getting onto the property ladder, there’s a decent chance you’ll need to help to foot the bill.
According to research by LV=, the cost of raising a child until their 21st birthday is now almost £211,000, compared to £140,398 back in 2003 when the firm first looked into the subject.
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