What is the estimated cost of providing a minimum standard of living for a couple until their child turns 18?
The best financial advice for every stage of your child’s life

Quiz
•
Education
•
12th Grade
•
Hard
Emily JONES
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
£160,000
£210,000
£34,600
£45,600
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated cost of providing a minimum standard of living for a lone parent until their child turns 18?
£160,000
£210,000
£34,600
£45,600
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the recommended age to start saving for your child?
When they turn 10
When they turn 16
When they turn 18
When they are born
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the maximum amount that can be saved per tax year in a Junior Isa?
£5,000
£9,000
£15,000
£20,000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of Junior Isa is recommended for long-term investment?
Cash Junior Isa
Stocks and Shares Junior Isa
Both are equally recommended
Neither is recommended
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential nest-egg amount after 18 years of saving £50 per month in a stocks and shares Junior Isa with 5% annual growth?
£17,500
£34,600
£62,470
£67.5m
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the average loan debt forecast for students who started their course in 2022-23?
£149.80
£45,600
£62,470
£67.5m
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