I became a parent recently and was interested to learn how I can save money for my child's future. Whilst there are plenty of online resources that go deep on individual topics, I could not find any that touched on everything. I hope this article serves as a checklist of financial to-dos for your baby. In this article, focused on the UK, I will cover both immediate things to pay attention to, such as childcare costs and government support for parents, but also longer-term goals, such as passing money to your child. I will not go into exhaustive detail, but will provide links to resources that you can use to dive deep.
I became a parent recently and was interested to learn how I can save money for my child's future. Whilst there are plenty of online resources that go deep on individual topics, I could not find any that touched on everything. I hope this article serves as a checklist of financial to-dos for your baby. In this article, focused on the UK, I will cover both immediate things to pay attention to, such as childcare costs and government support for parents, but also longer-term goals, such as passing money to your child. I will not go into exhaustive detail, but will provide links to resources that you can use to dive deep.