Bringing up children is not cheap, but, as this guide shows, parents and grandparents may not have to shoulder the entire burden themselves. Financial institutions like to worry parents with how much money they should be saving for their children's future, but they often give misleading information on the true costs that parents face. This text sorts out the facts from the scaremongering, giving parents the lowdown on what they are really up against and detailing what financial help is available to them. The book is full of tips, hard facts and real-life case histories.
Table of Contents
Making a will; protecting your family; protecting your income; bringing up children; paying for childcare; schooling; university; the gap year; a home of their own; coping with the costs; a child's own money; building up a nest egg; giving money in trust; tax on gifts to children.
Virginia Wallis is a freelance writer and editor, and a former member of the Money Group at Consumers' Association. She is author of other Which? books on personal finance, including The Which? Guide to Insurance and The Which? Guide to Money.