Before I became a parent I was always fairly money-savvy, but knew nothing about children’s savings and what you need to save for their future. To be honest it’s hard enough nowadays to live month to month for a lot of people, so things like savings and pensions get put on the back burner.
You do need to stop and think about the future now, are you saving enough for your child? Kids get more expensive as they grow older. Mine is only a 1-year-old but she grows so fast and always needing new clothes. I dread to think what it’s going to cost through the coming years and decades!