Finance and credit can be scary for parents. Whether preparing for childcare costs, accessing benefits or helping your teenager learn to drive, there's so much to be considered. And so much to pay for. But there is support and guidance, whatever your circumstances. Here, we explore the ins-and-outs of managing finance as a parent. Expect easy-to-read, helpful advice with no strings attached.
The antenatal phase is a stressful one. Add in the financial element and it can feel overbearing. But there's no need to worry - help is available. Here, we'll look at your rights to parental leave and how you can plan for your baby's arrival.
Don't use annual leave for antenatal care if you are entitled to maternity leave. UK law states your employer must cover this too.
Share up to 50 weeks of leave and 37 weeks of pay so no parent's career or bonding is affected.Read More
70% of employed men are eligible for paid paternity leave.Read More
The average cost of having a baby for the first month alone is over £500
Settling in to life as a parent can be stressful. Here we try to reduce that stress with guidance on finances for new parents.Read More
64% of parents said they weren't prepared for the costs of a new baby.Read More
Only 36% of parents encourage their children with advice on how to spend and save their pocket money most practically.
"In a study by T.Rowe Price, 49% of young adults said they wished their parents spoke to them more about finance and credit when they were children."Read More
80% of students say they are not taught enough about personal finance in school.
"The average learner takes 45 lessons to pass their test. This typically clocks in at around £1,134."Read More
Between 2013 and 2019, the cost of bringing up a child rose by 5.5% for couples and 19.5% for single parents.
Bringing up a child as a single parent can be difficult. Here, we take a look at how you can manage without the support of a partner.Read More