LV= reveals raising a child is expensive by Finance News Bulletin

Published: 08/12/07

The factual price of rearing children has been revealed by LV=, with the every day cost weighing in at £2430, the solid claimedAnd the organisation stated that a child may be set parents back £265,577 by 2012, from the delivery until the era of 21Since LV= began such studies in 2003, the price of offspring could have increased by 90 per cent, it added

Communications manager at the firm Nigel Snell warned parents to be astute when preparation for the future and said that it is never too early to begin thoughts about these matters"This income parents will need to be switched on about their family finances more than ever, even though they have always known that raising a youngster is costly With UK debt figures rising we would recommend starting monetary planning as near the beginning as possible," he commentedIn related news, children's rooms are packed with substance worth about£25

4 billion, Lloyds TSB

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