The €169,000 Cost of Raising a Child in Ireland & What Can Parents Do

The €169,000 Cost of Raising a Child in Ireland & What Can Parents Do

“24% of the cost of raising a child is in the first year alone.” Money Coach Kel Galavan breaks down the shocking findings of a new Laya Life report, revealing that it now costs €169,000 to raise a child in Ireland. With a 60% increase in costs over the last decade, families are facing rising expenses from nappies and baby formula to food and pocket money. Kel explores how these costs impact families and why financial planning has never been more critical #IrelandAM #Ireland Credit to : Ireland AM