saving

picture of a child counting money

KIDS’ FINANCIAL FREEDOM SET TO PUT BANK OF MUM AND DAD OUT OF BUSINESS

  • Savvy kids and teens have saved 145% more than last year
  • Four in 10 young people (42%) are now more likely to start saving early to fund big life events
  • Over half (52%) of UK parents are unable to contribute to their kids’ financial future

The increasing financial freedom of UK kids is set to put the bank of mum and dad out of business, according to...

picture of a child in private education

8 ways to make private education more affordable 

Cost of private education rises 5.6% with average parents increasingly priced out:

· Typical annual boarding school fee for a secondary school pupil rises 5.2% to hit £39,006 while the average annual day school fee up 5.8% to £16,656

· With further fee hikes expected, parents set on a private education must either be ultra-wealthy, have a sound financial plan or have generous...

picture of a mum and children putting money in piggy banks

PARENTS URGED TO PLAN FOR CHILDREN’S ‘PINCHPOINT YEARS’

The cost of raising a child from infancy to adulthood could fluctuate by as much as £8,000 year-on-year, totalling almost a quarter of a million at £214,155.16 over the first 21 years .

According to NatWest Premier, there are two distinct life stages, the ‘Twos and Teens’, which represent the biggest financial icebergs for parents.

Children aged between one and three cost parents the...

picture of a mum giving her children pocket money

10 expert lessons to teach your children about money

Finance can be a difficult topic to tackle with young children, but teaching them to have a healthy relationship with money from a young age is important to lots of parents around the globe.

With this in mind, financial experts from money.co.uk have compiled a list of their top 10 tips for teaching your children about money .

Top tips for teaching your children about money 1...
photo of a smartphone black friday sale

HOW TO SAVE UP TO £183 ON AN IPHONE THIS BLACK FRIDAY

HOW TO SAVE UP TO £183 ON AN IPHONE THIS BLACK FRIDAY

● Shoppers could save up to £183 on an iPhone 12 contract with unlimited data this Black Friday, predicts Uswitch data[1]

● Consumers could also save £95 on an iPhone 12 handset[2], compared to a modest £40 saving on the newly released iPhone 13[3]

● The biggest discounts can be made on SIM-only contracts, saving up to 28...

picture of somebody sat down watching netflix on tv

5 easy ways to save £350 on your entertainment packages, per year

Did you know that over a third ( 35% ) of Brits have spent an additional £20 per month on streaming services, throughout lockdown?

However, now that pubs, restaurants, shops and gyms are open, Brits are less likely to pass the time by binge-watching TV.

With this in mind, budgeting experts, thinkmoney , have uncovered how Brits can save up to £350 a year on their...

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