£2,537 – monthly outgoings for the average modern family

The average family’s monthly outgoings now top £2,500 – including £100 on petrol and over £100 takeaways and eating out, a new financial report has revealed. The post-budget report examined every aspect of a typical family’s monthly expenditure, including everything from groceries to kids’ pocket money. And the results show that realistically it now costs…

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The ‘baby buffer’- average family banks £2,547 before a new arrival

Typical parents-to-be have a ‘baby buffer’ of £2,547 in the bank to prepare for their new arrival, research has revealed. Experts, who carried out a detailed study into the financial implications of bringing a baby into the family,  found much of what is set aside goes on equipment such as buggies, cots and car seats.…

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