Love Life
With so much focus on bad news we thought we'd try and cheer you up by focusing on the good stuff. See our articles below and we hope to cheer up your day.
Thursday 26 June 2016
Bringing a child into the world is one of the most life changing events in a person’s life …but can anyone ever be fully prepared for it? In our 13th annual ‘Cost of a Child’ research the results are eye opening (perhaps even watering), to say the least!
The average cost of raising a child in the UK in 2016 is £231,843
…that’s more than the price of an average family home!
At LV= we want to make sure that you’re prepared for every step of raising your child; from teaching them to save their pocket money, to protecting your own income should the unexpected happen.
As adults, of course we know where money comes from - and just how quickly it goes!
We asked our kids what they spend their pocket money on, or what they would buy with £1million, their answers were wonderfully creative:
But how can you teach your child to save their money without lecturing them on the importance of pinching those pennies?
Here are our 5 top tips for teaching your child to save:
For more top tips on money saving for children, visit the Money Advice Service.
Who knows, installing the money saving mentality into our children while their young could benefit us in the future…what goes around, comes around -right?
But where would money come from to support your child if you suffered an accident or illness affecting your ability to earn? At LV= we offer a number of products to ensure the protection of you and your family should the worst happen.
Find more interesting articles to read.
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