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The cost of raising a child to age 21 !!!
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the total cost of raising a child in the UK !!!

• The reality is that many new parents are somewhat
  unaware of the total cost of raising a child in
  the UK. In fact the cost per child in our current
  economy is a figure which continues to increase
  year on year and is now more than the average
  price of a UK house

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health care costs in the UK !!!

• to raise a child to the age of 21 with the
  increasing health care costs in the UK, will cost
  a total of a quarter of a million over the 21
  year period. This compares to the average house
  price in the UK of 196,000.00 effective January
  2016.

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Economics and Business Research !!!

• The Centre for Economics and Business Research
  and insurer LV conducted research into UK
  households and discovered that households spend
  around 38 percent of their total incomes on
  raising a child. It was also discovered during
  this research that across the country the cost of
  childcare increased by 4.3 percent in the last
  year payday loan lenders

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the cost of childcare!!!

• It was also discovered during this research that
  across the country the cost of childcare
  increased by 4.3 percent in the last year,
  further demonstrating how the costs of raising a
  child continues to increase year on year.

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Depend on family base !!!

• the cost of raising a child does vary depending
  on where in the UK your family is based. In
  Yorkshire the cost, up to the age of 21 once
  again, comes in at 214,000.00 which is
  considerably lower than that of London which
  currently sits at 253,000.00.

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costs linked to private education !!!

• For most parents the biggest cost resides in the
  education element of raising a child. Excluding
  costs linked to private education, the average
  cost of education up to the age of 21 is
  74,000.00. For those who choose or have access
  to private education, this figure can expect to
  be doubled,

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University based fees !!!

• whilst in education but are of course accounting
  for University based fees also. The costs linked
  to education are clearly one of the largest costs
  faced by parents but this is closely followed by
  the cost of childcare and babysitting with direct
  lenders.

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aspect of childcare !!!

• Many parents have expressed how the aspect of
  childcare can be the most time consuming and
  sometimes stressful. Given that advanced planning
  is required, often on a weekly basis, the
  exercise of getting a child to and from childcare
  has been said to be troublesome and often
  difficult to do.

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childcare centers and childminders charge !!!

• Many UK based childcare center and childminders
  charge for their services on a weekly basis,
  given how circumstances can and do change. This
  means UK parents have to account for the weekly
  cost of childcare in advance and in a prepared
  manner.

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the cost of childcare for the factor of illness
!!!

• By accounting for the factor of illness the cost
  of childcare can therefore be increased
  periodically. Again the increased cost will
  depend of region and circumstance as well as
  period of illness and which parent is required to
  potentially take time off work.

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food costs !!!

• Perhaps one of the most shocking statistics in
  terms of cost for raising a child up to the age
  of 21 is that of food costs. Keeping a child
  properly fed and watered up to the age of 21 will
  cost on average 19,000.00 this being the same
  cost of a well-equipped new car.

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help and support of government !!!

• it is important to also recognise that these
  costs are being spread over a 21 year period and
  can be managed with the help and support of
  government based schemes and incentives along the
  way. Conducting research and remaining up to date
  with such support forms a vital step in the
  upbringing of a child in UK today.

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