Being a parent is the most important and rewarding role you’ll ever play in your life.While the hours are long and the pay is poor, the satisfaction is enormous.

But, whether it’s learning the piano, early morning swimming lessons or ballet classes the reality is, as your kids grow, the costs could rise with them!

Will your finances keep up with your kids?

The cost of raising children has grown by 50% in five years, while household incomes have only risen by 25%, according to a recent AMP.NATSEM report 1.

Private education accounts for much of the cost for high income families. But as tablets replace textbooks, expectations in the classroom are changing across the board.

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