4

An arm and a leg

Posted by HuiHui on 3:03 PM
http://kclau.com/wealth-management/money-raising-3-kids/

After reading the article above, I was curious to find out how much my kids cost. WOW...it's indeed an eye opening finding.

Per month for Joshua:
Babysitter : RM750
Milk + solid : RM500 *
Diaper : RM100 **

Per month for Lucas:
Babysitter : RM500
Pre-school : RM400

* Estimation
RM123 per 1.5kg
1 scoop = 4.5g = RM0.37
8oz x 5 feed average = 40 scoops per day = RM14.70
RM14.70 x 30 days = RM441

** Estimation
RM50 for 56 pieces, RM0.90 per piece.
4 pieces a day = RM3.60
RM3.60 x 30 days = RM108

WOW... RM2250 for the 2 little fella excluding tens of other thing like food for Lucas, injections, medical, clothes, supplements ( expensive! ), enrichment classes, etc.

WOW ...

4 Comments


told you d, each of them is a brand new BMW :)


Charles didnt want to have baby now because we cannot afford. So I told him my school clerk can raise her Do Re Mi kids when she is only about 27 years old and very welly dressed to school. Victoria Sim, your friend ages 33 can also bring up Do,Re,Mi, Fa,So kids. How to do that hor?


human can adapt well. if you ask me, i think charles spending too much time at work and his part time studies is more of a problem in child rearing than you guys do not have enough money.if you ask me further, i think having it earlier is better than later. both have pros and cons. regarding $$, the milk powder and diaper price is going up much faster than our salary. it's not going to be any less painful later. however you can save enough $$ to have monthly compound interest to offset those incidental expenses.


the original article forgot to factor in time, which is the most expensive thing!

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