financial planning that works for you
One in five mums missing meals
One in five mums are missing out meals so they can feed their children, according to a survey by Netmums. The parenting website questioned over 2,000 of its members and found that 61 per cent of families are short of money every week, with a third requiring an extra £50 to get by.
Worryingly the results show that more than 50 per cent of families are “living on the edge”, meaning they will be unable to cope should a future event result in an increase in costs or a decrease in income.
This shows the importance of good financial planning to help increase the likelihood of being able to cope with the unexpected.
In response to the results, Netmums called on the government to broaden its strategy, saying: “It is … critical that the government … recognise that their policies need to be able to support a much wider group of families.”
© 2012 evolve wealth news teamBack