How Much Money to Save for Maternity Leave UK 2023

Are you starting to think about how much money you need to save for maternity leave in 2023 in the UK? If you need to figure out exactly how much money to save for your maternity leave even with statutory maternity pay - hopefully this is a helpful video for you! Statutory Maternity Pay (SMP) is paid for up to 39 weeks. (9 months!) You get: 90% of your average weekly earnings (before tax) for the first 6 weeks £172.48 or 90% of your average weekly earnings (whichever is lower) for the next 33 weeks SMP is paid in the same way as your wages (for example monthly or weekly). Tax and National Insurance will be deducted. My Etsy Spreadsheet: https://www.etsy.com/uk/listing/13724... Mortgage Free Leigh - https://instagram.com/mortgagefreelei... 00:00 - intro 01:39 - incomings and outgoings 03:31 - what does your work offer? 05:39 - how long do you want to take mat leave? 07:56 - how much to top up statutory mat pay per month 08:24 - total you need to save for mat leave 12:16 - how much have I saved? 15:03 - you’ll be fine! -------------------------- MY NEW CAMERA - https://amzn.to/3YbGLEH MY LIGHTING - https://amzn.to/3ZqEbMc ---------------------------- INSTAGRAM:   / homewithshan   --------------------------- DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting me so I can continue to provide you with free content each week! MUSIC: The music I use on my channel is all from Epidemic Sound.