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When it comes to planning your children’s lives, you’ve probably spent time researching the best choices for them in terms of their diet, their schooling and their social life. But have you spent time thinking about securing their financial future, as well as your own? According to a 2020 study conducted by the Money and Pensions Service, 48% of the adult population admitted they had worried about money once a week or more in the previous month, while a huge 71% of 18-24 year olds said they worry about money at least once a week.
