Cash struggle for those with children

Nearly two-thirds of families with children need both parents to work just to make ends meet, research shows.
By The Newsroom
Published 17th Jan 2010, 10:04 BST
Updated 17th Jan 2010, 18:42 BST

About 60 per cent of households with children are reliant on having two salaries in order to pay their bills, according to insurer Scottish Widows.

The figure is nearly twice the 36 per cent of families that do not have dependent children that are reliant on two salaries.

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Families with children are also accruing increasing levels of debt as they struggle to make ends meet. The average household with dependent children owes 8,653 in short-term debt, such as credit cards and loans, compared with 7,003 for households without children.