One of the biggest financial considerations for new parents is childcare costs. The expense can vary based on region and type of childcare, but overall it is a big expense. On average, childcare costs can range from a few hundred to over a thousand pounds per month for some parents. Head here for 6 ways to cut childcare costs.
Or, to find the right childcare option, here is how to decide between nursery and childcare. To help with the financial strain of childcare, the government has a tax-free childcare scheme in place. Here is a guide to tax-free childcare. Or, head here to learn more about changes to free childcare hours.
Child Benefit is a great lifeline for many new parents, providing a valuable source of income to help cover the costs associated with raising a child. Every family in the UK is entitled to Child Benefit, regardless of income.
But it’s important that you register as it isn’t paid to you automatically. Head here for a guide to child benefit and how to claim it.
Planning for your child's future is really important for a lot of parents. But with so much to buy as a parent, it isn’t always easy to find the money to do so. Here are 5 ways to save for your child’s future.
If you’re struggling to put money aside to think about saving, here are some great money saving food shopping hacks for parents. Or, if buying a home is your first priority, here’s how to save for a house when you have a baby.