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Who owns the child benefit? A family debate that is tearing homes apart abroad

By GhanaSummary Newsroom1 min read
Who owns the child benefit? A family debate that is tearing homes apart abroad

Where family finances permit, some parents choose to set aside part of the child benefit in savings or education investment accounts for their children's future.

Rather than viewing child benefits as belonging exclusively to one parent, mothers and fathers should work together as partners in deciding how the money can best support their children's present needs and future opportunities.

Community organisations, financial institutions, schools, and governments can all play valuable roles in educating parents about responsible financial planning, children's educational savings, and the intended purpose of child benefit programmes.

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