Why millions of new parents are being caught out by babycosts
New tool launched for parents as study shows mums and dads are significantly underestimating the costs of the first year of parenthood
Millions of parents are underestimating the costs of the first year of parenthood with some finding themselves up to £5,000 out of pocket because of a lack of planning.
In the following podcast our reporter chatted to Alice Howard from the Money Advice Service for tips for new parents to be on how to make sure they are prepared for all the hidden costs that can make the first year of baby’s life a very pricey one.
Click this link to listen to this podcast with Alice Howard and Sarah Smith from the Money Advice Service to find out more: [url:3g5zgpv7]http://www.broadcastexchange.tv/play/bespoke/16092-money-advice-service-baby-costs-calculator[/url:3g5zgpv7]
For more information visit: [url:3g5zgpv7]http://www.moneyadviceservice.org.uk/parents[/url:3g5zgpv7]