Just doing some sums to basically work out whether we can ‘afford’ to have another child. We can, but I’ve just worked out that even though DH and I bring home £4500 per month net, PLUS childcare vouchers of £385 per month, once paying another set of childcare fees 4 days per week, after everything was paid out each month we would have £750 left over for food, petrol and other spends. There would be 4 of us to feed so let’s say £300 a month, plus £100 petrol. £350 for all of us for anything else.
How is it possible that we would have so little? I know it would be short term (until free 15 hours kick in and then better again once they started school) but what the fuck???
Going through our expenses it’s only things such as amazon prime and Apple Music that we could feasibly claw back each month. Nothing that would make a dent.
We are lucky I suppose that we own our house, have renovated it already so not expecting any big expenses in the medium term. But still, even Xmas would be a real struggle!
This is not a stealth boast I promise, I genuinely cannot understand how we can have so much coming in and still not even have enormous go to justify a takeaway if we have another child.