Share Sounds from Consuming Issues related to Personal Finance - Schooling

Ed Bowsher is joined by Hannah Maundrell, editor of money.co.uk. Today they discuss the latest figures for retail spending as well as looking at a new government scheme to safeguard members of failed pension funds. Plus why parents are increasingly struggling to put aside savings for their children. All these stories and more on The News Review.

Once again it's time for this week's edition of Moneywise. On this week's episode writer Tom Wilson and editor Moira O'Neil join Sue Dougan in the studio. They start off looking at the cost of university with the average student starting this autumn estimated to end up with over £50,000 worth of debt by the time they graduate. Sticking with young people they also look at the cost of raising a child, now estimated to be around £230,000. Plus the latest polls and deals from across the week.

Young people today live in a world of opportunity, but with that comes lots of decisions about money and finances. It is crucial they learn how to make good financial choices which is crucial to them attaining and keeping the life they want. Jason Butler answered all the questions, including three vox-pop questions from the public, and David Van Egghen, a student, putting quizzing him on all things money and university.