Financial Planning

Raising children in Australia has never been more financially demanding. From childcare and education to extracurriculars and everyday expenses, the cost of parenting continues to climb. Yet, despite these pressures, many Australian families are taking proactive steps to secure their children’s financial future. According to the Finder Parenting Report 2023, 57% of Australian parents have opened savings accounts for their children under age 12 (Godfrey 2023).

Motherhood is a beautiful, life-altering journey. It’s filled with love, sacrifice, and growth. But there’s one cost that often goes unnoticed—until it’s too late. It’s not the sleepless nights or the endless laundry. It’s the financial toll on your superannuation. In Australia, the average woman can lose over $47,000 in retirement savings simply because she became a mother. That’s not just a number—it’s a wake-up call.