However, building up a National Insurance record can be made difficult by family commitments and having children can impact women more so than men.
With Mother’s Day quickly approaching, Rachael Griffin, a tax and financial planning expert at Quilter, addressed this: “Starting a family can drastically change a mother’s life, priorities and finances.
“Having a detailed financial plan to help someone cope with these big changes and alleviate some pressure at an already strange and stressful time.
“The increase in flexible working post-pandemic may support greater sharing of childcare responsibilities, but at present mothers still shoulder the majority of the load.
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