We were talking yesterday about saving for our children's future but sometimes it is so easy to get caught up in how much you need to spend on your children today, let alone in 10 years time.

I doubt anyone blindly goes into parenting thinking it is cheap raising children, however I doubt people really knew the full extent of the cost of raising them. It is reported that just one will set you back £222,458 on average by the time they are 21 (gulp) … I don’t have to tell you that that is rather a lot. Luckily the infographic where I go that statistic from offers you budding parents some help. It’s got hints and tips on how to save those precious pennies. You could potentially be saving over £800 on those baby essentials and lets be honest, in the long run, that’s a mega saving or certainly some help towards Christmas presents!

Providing budgeting tips isn’t all this infographic does, however, it also provides useful advice on baby names, so not only will you have enough money to raise your kids, they’ll also have cool names. That’s a double win in my book.

How much does it cost to raise a kid? is an infographic that was produced by Gumtree

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This is a collaborative post with Gumtree but all expensive children are our own!