It now costs £75,436 for a couple to raise a child to age 18. Due to the high costs of childcare, doing it on your own costs more, £102,627. These figures come from the child poverty action group so you be sure they have been pared to the bone and for many the cost to age 18 will be well into 6 figures PLUS university!

If your child has special needs you may get some extra help from the state, but you can bet your costs will increase more. How do people cope? Tune into Money Talk with Simon Webster at 13.00 on Friday to find out more! #MTRadioUK