The Cost of Raising a Child
Posted by Tony on Thursday 9th of May 2019.
COST OF RAISING A CHILD
We all know raising a child can be expensive. Research has shown, the cost of raising a child to age 18 in the UK varies dependant on whether it’s a girl or boy, with boys coming in at £79,176 and girls a staggering £108,884.
As a parent you are committed to doing all you can for your children – now and for their future but it’s estimated half of parents don’t have a financial protection plan in place.
Nobody wants to think about the possibility of getting ill or being made redundant but having a contingency plan, such as life insurance or income protection in place offers you peace of mind should something unexpected happen.
If you need advice on protection, please do get in touch.