Having children is an expensive business. By the time you have bought the pram, cot, car seat, babygrows and nappies, you will start to get an idea of just how expensive!
If you decide to go back to work you will need to budget for childcare, and if you give
up work you will have to find a way of living on much less. The Women’s Unit at the Cabinet Office has estimated that the cost of lost lifetime earnings for a mother of two can be anywhere from £19,000 for a high-skilled woman, who is more likely to return to work, to £334,000 for a low-skilled woman, who is more likely to stay at home and look after her
children.
Here are some tips on how to manage the family budget
- Cutting the cost of your mortgage
- Making credit cards work for you
- Getting the best deal on insurance
- Saving money on shopping
- Changing your gas, electricity or phone supplier
Useful Numbers
The Factory Shop Guide, £14.99, call 020 7622 3722 to order
Clarks Village, Street, Somerset 01458 840064
Factory shops including: Clarks Shoes, JoKids, Next, Kids Play Factory, Karrimor and
many others
Bicester Shopping Village, Bicester, Oxfordshire 01869 323 200
Factory shops, including: Osh Kosh, Monsoon, Principles, and many others
K Village, Netherfield, Kendal 01539 732 363
Factory shops including: K Shoes, Jumpers, Tog 24, Baggage Factory and others
