On the money? Top ten personal finance misperceptions

  1. The cost of raising a family The average guess at what it costs to raise a child to the age of 21 is £50,000 - when the actual figure has been calculated as more than four times this at £229,000.   2. Childcare is expensive but not that expensive Average guesses placed the cost for 25 hours of nursery care for a child under two at £200 per week when the actual figure is nearly half that (£115.45 per week).   3. Going to uni On average, the public think today's students leave university with £21,000 of debt (including tuition fees). However, the actual figure accordi...