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how much does your child actually cost you? Please help me :(

112 replies

AbelMary · 24/01/2024 14:30

I want to leave DP. He earns 75k with prospects of it going much higher, perhaps to 140k eventually, maybe 100k in next 4 years etc. We have a two year old.

I am well aware that cms is shit and can’t rely on it. I only add in his circumstances for context. It’s me who wants to leave and he will absolutely put me through cms if that happens, he generally does the right thing but he won’t make any of it easy given I will be causing the break up. Dd will live with me, he won’t argue that one as he does barely anything as it is and is completely work obsessed.

my question is… am I making a huge mistake financially? I earn 68k but I am always worried about my job as my mental health is up and down. I’ve always maintained my job but if I was a single parent I would be alone paying mortgage and bills etc.

I am v lucky that I own a 3 bed detached with a 50% mortgage on it that I rent out while living with DP. I intend to move back to that.

My worry is that I am not really understanding how much a child costs. DP would pay 780 based on the cms calculator and when I confirmed all this in a friend she said that won’t go far when she hits school…. Is this right? I am too embarrassed to ask more about what she meant as I wonder if I am completely deluded about child costs? I have been looking up costs of dancing classes and swimming lessons etc and done a budget plan and the costs are a lot. How much do you spend overall for a 5 year old, 10 year old, 15 year old etc etc? Am I crazy for considering this on a financial level given cms is never guaranteed? I would hope he would do the right thing but I don’t want to separate in that hope, I need to be realistic that I could fully be on my own financially. Can anyone help?

OP posts:
DungareesAndTrombones · 24/01/2024 18:12

My 13 year old isn't into clubs so the only thing I pay for him is his phone, spending money (he probably has £20 a week) and new clothes. He's into sports stuff which is (for me) hideously expensive but I think on your incoming you should be fine.

Dacadactyl · 24/01/2024 18:08

Mine are 16 and 11.

Kids activites costs have been pretty consistently around around the 200 a month mark.

They get dearer as teens. If I add in the equipment they need, shoes, clothes, make up, phones, Christmas/birthday presents, going out money etc, I'd say its probably 500-odd a month evened out over the year.

But you cut your cloth according to your means and they younger they are, the cheaper they are I've found.

Edited to add: we've never had to pay any childcare whatsoever. I was a SAHM til they went to school and then worked PT around them. And between us, we don't earn 75k.

peachgreen · 24/01/2024 18:08

Oh and I didn’t get any child support (DH passed away.)

peachgreen · 24/01/2024 18:07

I mean, you earn more than double what I did when I was a single parent and I managed, including the cost of full time childcare. You’ll be fine.

Alwayswonderedwhy · 24/01/2024 18:06

You earn more than me and my husband and we have three children. I think you'll manage very well.

Stephne2 · 24/01/2024 18:02

2 school aged children

childcare with TFC

£28 per day wrap around childcare for 2 children at school
£50 per day holiday club 2 children

swimming and music lessons, afterschool clubs, £135 a month (will go up when younger one starts doing more clubs)

clothes and shoes £50 a month

food £150 a month

school dinners for 1 child £40 a month (free school dinner received by all children in first 3 years)

Birthdays and Christmas £400 a year

miscellaneous expenses e.g. school trips and presents for friends parties and furniture/equipment £70 a month

Days out and holidays £2000 a year (obviously includes for ourselves)

This is just what we spend and kids seem quite happy, I know people who spend a lot more and we’ve had less to be able to spend in the past, just depends what you would be happy with

Meadowfinch · 24/01/2024 18:00

Your major cost will be child care while you work, so cost that up locally. Get several quotes and then add on 10%. It will need to be reviewed annually.

When your dc starts school consider daily wrap-around care plus allow an extra £3k for school holidays.

Generally, food, clothes , hobbies, utilities, water childcare - I'd allow £150 a week for a little one.

I have a 16yo boy. I spend about £600 a month, which includes huge amounts of food, clothes, hobbies, utilities, swimming, karate, school field trips but no childcare.

That doesn't include an allowance for an extra bedroom.

berksandbeyond · 24/01/2024 17:48

How longs a piece of string?
If you can’t afford dance classes then your kid doesn’t do dance classes, you’ll have to cut your cloth. It’s not worth staying in an unhappy relationship so that your kid can learn ballet.
As it is - breakfast club is £5 a day, after school is £12.50 a day, dance is £75 a month, swimming is £40 a month, drama is £20 a month…

but not all of those things are necessary and a happy home life is more important!

3WildOnes · 24/01/2024 17:34

AbelMary · 24/01/2024 14:44

What are people actually spending a month on a 12 year old for instance? I just can’t envisage it at all

Football £250 per year
Tennis lessons £150 a term
£6pm sim only contract
£10pm pocket money
£20pm socialising
£150 year merlin pass
£350 year clothes & shoes
£80pm lunch money

=£216pm

My teenager is my cheapest as I have no childcare costs for him.

Twobigsapphires · 24/01/2024 17:16

My ds is 16. Apart from the obvious of putting a roof over his head and bills etc this is how much ‘extra’ he costs me; £55 a month bus pass, £50 a month pocket money, £80 dinner money, food probably £50 per week. Birthdays and Xmas I spend about £500 on each for him, phone bill £20. Clothes and school uniform, shoes etc probably about £400 a year, haircut £16 every 2 months, prescription glasses around £80 a year, rugby club £30 a month, basketball club £30 a month. We also go on holiday twice a year so probably another £1-2k a year on that depending on where we go / if we get a free child place.

I haven’t coat up petrol used to run him around to friends or home decor / furniture for his bedroom.

telestrations · 24/01/2024 17:09

You're obviously not going to have the same disposable income and lifestyle then if you stay and if you have equal access to all family money. Whereas if childcare comes out of your salary alone and your 50/50 on joint expenses you'll be better off. Either way you will fine.

If you are married or have assets and accounts in joint names you need legal advise from a family solicitor asap and to do so before you leave.

PutinSmellsPassItOn · 24/01/2024 17:06

Well obviously you'll be matching it so 1600 a month pretty much.......if you can't meet the costs of kids with £400 a week I'd be very surprised, it's more than my weekly outgoings including bills 🤣🤣🤣

You'll be fine op. It will be worth it in the end.

Menapausemum1974 · 24/01/2024 16:59

AbelMary · 24/01/2024 14:30

I want to leave DP. He earns 75k with prospects of it going much higher, perhaps to 140k eventually, maybe 100k in next 4 years etc. We have a two year old.

I am well aware that cms is shit and can’t rely on it. I only add in his circumstances for context. It’s me who wants to leave and he will absolutely put me through cms if that happens, he generally does the right thing but he won’t make any of it easy given I will be causing the break up. Dd will live with me, he won’t argue that one as he does barely anything as it is and is completely work obsessed.

my question is… am I making a huge mistake financially? I earn 68k but I am always worried about my job as my mental health is up and down. I’ve always maintained my job but if I was a single parent I would be alone paying mortgage and bills etc.

I am v lucky that I own a 3 bed detached with a 50% mortgage on it that I rent out while living with DP. I intend to move back to that.

My worry is that I am not really understanding how much a child costs. DP would pay 780 based on the cms calculator and when I confirmed all this in a friend she said that won’t go far when she hits school…. Is this right? I am too embarrassed to ask more about what she meant as I wonder if I am completely deluded about child costs? I have been looking up costs of dancing classes and swimming lessons etc and done a budget plan and the costs are a lot. How much do you spend overall for a 5 year old, 10 year old, 15 year old etc etc? Am I crazy for considering this on a financial level given cms is never guaranteed? I would hope he would do the right thing but I don’t want to separate in that hope, I need to be realistic that I could fully be on my own financially. Can anyone help?

I’m actually taken aback at how much I spend on 14 YO but this could definitely be cut:
p/m
hair - £15
pocket money £40
lunch/ snacks on card £120
ad hoc outings with friends £30
bus £0 in Scotland
clothes £50
food ( never stops) £200
pie at football £20
subscription £30

SuperBored · 24/01/2024 16:53

For people saying 'i managed on less than half' etc don't forget that OP will not be entitled to any government handouts, which depending on when you were managing, you may have had top ups or working tax credits and paid less tax. Plus as a single higher earner will be paying more tax than two people earning near combined amount, so like comparing apples and pears.
@AbelMary I would imagine you will be fine, just don't encourage DC into pony riding/skiing or other expensive hobbies!

Menapausemum1974 · 24/01/2024 16:48

SquirrelsAssemble · 24/01/2024 15:01

Per month my 9yo costs:

Swimming - £25
Karate - £60
Cubs - £15 (annual cap.+ termly subs divided)
Music £30
Tutor £160 (horror face)
School dinners £40 (4 days a week)
Savings £100
Food £30?

In addition ad-hoc costs for:
Football boots/shoes/clothes/birthday + party/friends birthday presents/ trips out

So lets.make it a round 550 🤯 obviously all the clubs & tutor are optional. Food & clothing not so much.

£30 food ???

blackrabbitwhiterabbit · 24/01/2024 16:45

You'll be doing swimmingly. I managed on my own with 2 kids, quite big mortgage, only earning 25k and receiving £200 monthly cms

Youcannotbeseriousreally · 24/01/2024 16:40

I think you should be fine; but it will depend on what activities etc they do.

so I get around £600 a month maintenance, plus half of all school uniform and shoes and trips etc. we also split their clubs , but for the 2 of them we are spending just over £1k a month between us.

I don’t think finances should be a reason to stay though, you absolutely can do this! But I really would take a firm stand when doing your parenting plan and financial agreement to get the extra stuff.

GreenFrog13 · 24/01/2024 16:40

You will be fine OP. You can cut your cloth accordingly.

Child care and usual house running expenses are your big ones. Most other things are optional (packed lunches if necessary etc).

My mental health improved massively after i left my ex. I hope its the same for you!

Beezknees · 24/01/2024 16:36

I manage on less than half what you do.

Menapausemum1974 · 24/01/2024 16:31

AbelMary · 24/01/2024 14:34

@HariboFantastics thank you that is massively reassuring. I don’t want to stay with him just for financial reasons but I also don’t want dd to suffer so I am trying to balance everything. Thank you

I managed as a single parent with my first on a lot less than you are earning. You will be fine and probably much happier

hanschristmassolo · 24/01/2024 16:24

If CMS says he would have to pay £780 per month for one child (I get £350 for 3 children!) don't be surprised if he suddenly decided he does want parent 50/50 and then he doesn't have to pay you anything

Bunnycat101 · 24/01/2024 16:16

Primary age is cheap. If you can manage the 2-4 costs you’ll be fine for primary. Eg our wrap around is £15 per person per day for 3-6. If your partner will take for some of the school holdings then your costs for holiday clubs will reduce as that is then a big chunk but even combined it’s much cheaper than nursery.

QforCucumber · 24/01/2024 16:08

ingenvillvetavardukoptdintroja · 24/01/2024 14:40

You earn more than me and my husband together and we have 2!

as above

IcedupTulip · 24/01/2024 16:06

AbelMary · 24/01/2024 14:44

@IcedupTulip is it really teen years then that are hard? What sort of stuff do you pay for?! I feel so out of my depth. Cinema trips or schools trips etc? What sort of cost wouod you say it is monthly?

I have huge anxiety linked to mental health challenges and I feel sick with worry that I don’t have any experience of any of this

Well, cost is really what you chose. My two do a few clubs between them, we pay for their phones, one wants to go to the gym too which we are looking into.

they like things like swimming with friends, shopping trips and going to McDonald’s. Clothes tend to be Nike etc rather than the primark stuff I used to buy.

There are expensive ski trips at school but mine know they can’t go on those as we can’t afford it.

it all depends what you are willing to spend to be honest but you will have more income than I do so you’ll be just fine.

WillYouPutYourCoatOn · 24/01/2024 16:05

hairbearbaby · 24/01/2024 14:57

I think this thread might be a reverse 😂The Dad wanting to know whether he's being taken for a ride.

In all honesty with a £68k salary and £780 a month CMS you'll be taking home anywhere between £4.5 and £5k so unless you eat caviar for breakfast I think you'll be just fine haha

This

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