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Raising a child costs £800 a month in Britain
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Author:  Amnesia10 [ Mon Jul 12, 2010 12:29 pm ]
Post subject:  Raising a child costs £800 a month in Britain

http://www.telegraph.co.uk/family/78847 ... itain.html

Quote:
Between birth and the age of 21, each child will cost their family an average of £200,000 – or about £800 a month – the Family and Parenting Institute (FPI) said.
Nursery fees have risen 5.1 per cent in the last year, costing parents £30 to £80 per child per day, the charity claimed in the report released on Monday.
It said grandparents are increasingly being asked to take care of children because both parents are required to hold down full time jobs to support the family.

Author:  cloaked_wolf [ Mon Jul 12, 2010 1:23 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

My parents raised us with far less than that. Then again, my mother worked from home so she could look after us.

Author:  Amnesia10 [ Mon Jul 12, 2010 1:37 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

cloaked_wolf wrote:
My parents raised us with far less than that. Then again, my mother worked from home so she could look after us.

I think that child care is the biggest single cost. If you can get around that somehow it is much more manageable. If your mum worked from home that would do it.

Author:  adidan [ Mon Jul 12, 2010 3:02 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

Perhaps people should think about cost before they have kids.

Author:  Amnesia10 [ Mon Jul 12, 2010 3:14 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

adidan wrote:
Perhaps people should think about cost before they have kids.

Yes but that is a huge downer on spontaneous sex. "Would you like to come upstairs to face being financially drained for the rest of your life? "

Author:  l3v1ck [ Mon Jul 12, 2010 6:03 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

Bull!
I don't spend anywhere near that much on mine, and it's not like he hasn't got everything he needs.

Author:  cloaked_wolf [ Mon Jul 12, 2010 6:25 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

adidan wrote:
Perhaps people should think about cost before they have kids.


What about those for whom circumstances have suddenly changed? Bet you would encourage shooting the babies! :lol:

Once we were all of school age, my mother started working more. This was great for income wise. However things at work changed and she wasn't able to pick us up from school. Hence it fell to grandparents, or sometimes the neighbour, to pick us up. Again this stopped once we were at secondary school.

Author:  veato [ Tue Jul 13, 2010 9:24 am ]
Post subject:  Re: Raising a child costs £800 a month in Britain

Child care is going to be a biggy for a few years, maybe upto £500 a month.

Author:  saspro [ Tue Jul 13, 2010 10:27 am ]
Post subject:  Re: Raising a child costs £800 a month in Britain

Aaron's at the cheapest nursary in the area & it costs £590 a month for 3 days a week.
Add to that the 2 days a week my wife is off work to look after him & it's way over £800 a month to have a child.
Not complaining but with the cost of childcare it's no wonder people can't afford to go back to work (or have children)

Author:  belchingmatt [ Tue Jul 13, 2010 10:40 am ]
Post subject:  Re: Raising a child costs £800 a month in Britain

Sounds like child care is a good business to get into.

Author:  forquare1 [ Tue Jul 13, 2010 10:52 am ]
Post subject:  Re: Raising a child costs £800 a month in Britain

Then again, surely location comes into it?
Having had a quick look, the preschool my Mum used to work at would cost a parent £432/month. And it's one of the more expensive preschools in the area, or so I'm lead to believe.

Author:  adidan [ Tue Jul 13, 2010 10:56 am ]
Post subject:  Re: Raising a child costs £800 a month in Britain

cloaked_wolf wrote:
adidan wrote:
Perhaps people should think about cost before they have kids.


What about those for whom circumstances have suddenly changed? Bet you would encourage shooting the babies! :lol:

Erm, nah. :D

It's more of a general rule of thumb but general rules don't apply to all, no matter how much our scociety wants them to nowadays.

£800 a month, my arse. None of my kids with friends spend that much.

Author:  ProfessorF [ Tue Jul 13, 2010 12:05 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

adidan wrote:
None of my kids with friends spend that much.


See? Getting the kids to spend their money - it's the way forward.

Author:  adidan [ Tue Jul 13, 2010 12:18 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

ProfessorF wrote:
adidan wrote:
None of my kids with friends spend that much.


See? Getting the kids to spend their money - it's the way forward.

Lol, got that a bit arse about t|t there. :D

I don't think I have any kids, can't be 100% sure TBH.

Author:  Amnesia10 [ Tue Jul 13, 2010 3:10 pm ]
Post subject:  Re: Raising a child costs £800 a month in Britain

belchingmatt wrote:
Sounds like child care is a good business to get into.

Especially since service prices go up far faster than for goods. You would also have the user over a barrel if you wanted to raise rates.

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