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PPI Claim News - 25/5/2012

 
Bank refunds: 'Think twice' before postponing children for finances

Many couples could be finding it hard to keep up-to-date with credit card charges or loan claims, but an expert has suggested people do not delay having children because of financial matters.

CashQuestions.com editor Annie Shaw argued some individuals can have standards that are too high.

It is obvious many couples want to have a secure environment to raise children and a pleasant home to live in before they reproduce, she stated.

The expert added: "That is to be admired."

However, Ms Shaw said it would be a "shame" for people to deny themselves the pleasures of raising youngsters because they wanted to focus on "material things", such as getting a mortgage, buying a house or building up a career.

These comments follow research from Skipton Building Society, which found four-in-ten couples have postponed family plans due to affordability concerns, with two-thirds of these claiming this has made them feel "devastated".

John Fieldman
Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.ADNFCR-2776-ID-801371792-ADNFCR



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