The cost of raising a child has now reached an all-time high, according to figures recently released by insurers LV
(source article, Daily Telegraph, “Cost of a child his record £222,000”, 24th January 2013).
According to the figures, raising a child to the age of 21 costs a staggering £222,458. Perhaps more alarming is the Insurer’s prediction that if costs continue to increase at the…
A recent focus group including London Mums confirmed what a new study from Aviva revealing birth to two years as the most financially stressful time for parents. Check out this video full of interesting interviews with some of our amazing mums and mumpreneurs.
The latest Family Finances Report launched a few weeks ago shows that parents are more likely to feel under financial pressure when their…
Gill Fielding, ‘Money Mum’, explains why teaching children the basics of finance is crucial to the health of the UK’s economy.
“Most people in the UK are not in control of their finances. This is often blamed on the ‘global economy’ which, quite frankly, has nothing to do with most of our bank balances. I believe that if everyone concentrated on the money in their own pockets Britain…
Sending your child to university can prove to be a costly few years – Catherine McKeown (Head of Financial Support) from the University of Sheffield would like to share her top 10 tips on how your child can budget, minimizing your concerns and the holes in their pockets!
Be aware of what financial support is available – there is a wide range of financial support offered for those…
This September, English universities will be allowed to increase their tuition fees for undergraduates. The University of Sheffield is conscious this is a concern for many parents and we believe that it is important for parents (and your children) to understand the ins and outs of the new system based on accurate facts.
The funding which was previously provided to universities has been…