The most daunting thing is the creation of life and the responsibility to lead, teach and grow the little human you’ve brought in to the world.
Many people are broken and make warped adult decisions due to a fragile childhood, non existent good examples and lack of nurturing.
Financial Hack: Turn £100 in to £21,600
As 2 parents, you can both individually set aside £50 a month for your child – Or £100 as a single parent.
Over 12 months this £100 equates to £1,200
Over 18 years this £100 a month totals to £21,600
Once your child hits their 18th birthday they’ve already been given a head start. You can give them these funds, but also teach them financial intelligence. They can continue what you started 18 years ago and build on the funds (£100 per month), purchase a car or invest in their education.
The options are limitless, but the important thing is that you’ve led the way, given them a booster and your dependent will most definitely thank you for this!