I've just been reading an article about this and I am wondering how realistic this figure is. Obviously if you aren't careful with your money I can see that spending this and more yearly is easy to do, particularly if you buy excess, premium items and designer brands. Or if you have a very expensive nursery.
But if you're careful with your cash, budget, don't buy more than is needed and shop around to get good value items, can this be reduced slightly? Or significantly?
My partner earns well and I do OK, probably around the average salary. I don't understand how people can manage £15k a year of their joint income to be spent on raising children (30k for 2 seems barbaric!) and this is making me worry!
I know our lifestyle will be affected, but my partner earns enough that I don't think we can claim any child benefit so I'm concerned we'll be struggling if it does indeed cost this much.
Would you say this is accurate? And how easy have you found it to spend less?
Really interested to hear everyone's opinion!
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Does it really cost you around £15,000 a year to raise your child?
59 replies
alittlebitmanic · 24/05/2017 12:10
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