Cost of Rearing Kids A Year..

Some friends have asked me on the estimate amount i need for each kid in a year.. The figures are based on what i can remember, some of the enrichment classes are not necessary..  Others like lunch and dinner are taken at home or with us, so didn't add them in. This is just as a guide. 

Samuel - Primary 4

School Bus : $120 x 12 months = $1440

School Books : $230 

School Uniform (2 sets of uniform + 3 sets of PE attire + 5 pairs of school socks) = $120

School Shoes (2 pairs) : $36

Pocket Money for recess = $4 x 25 days x 10+ months = $1000

School Fees / Misc Fee : $11 x 12 months = $132 

School ECA - Takwando = $25 x 4 terms = $100

ECA Test / Accessories = Est $70 a year 

Assessment / Enrichment Book = $50 a year

Piano Lessons : $220 x 12 months = $2640

Violin Lessons : $180 x 12 months = $$2160

Misc for music books / exam fees = Est $400 to $500 a year

Tution : $0

Total : $7978 a year / equivalent to $665 a month

 

Nicholas - K1

PAP School Books : $96 

PAP School Uniform (2 sets of uniform) = $46

School Fees : $140 x 12 months = $1680

Childcare uniform (3 sets) = $73

Childcare fees after subsidy : $320 X 12 months = $3840

Music Class : $220 x 4 terms = $880

Kumon English + Maths : $240 x 12 months = $$2880

MPM Math = $460 x 4 terms = $1840

Enopi : $140 x 12 months = $1680

Art Class : $320 x 4 terms = $1280

Total : $14295 a year / equivalent to $1192 a month

Grace - N1

Shichida School Uniform (3 sets of uniform) = $99

School Fees : $800 x 12 months = $9600

School Bus from Shichida to childcare (1 way) = $115 x 12 months = $1380 

Childcare uniform (3 sets) = $73 

Childcare fees after subsidy : $320 X 12 months = $3840

Ballet Class : $260 x 4 terms = $1040

Ballet Costume / Accessories : Est $200 a year

Art Class : $320 x 4 terms = $1280

Total : $17512 a year / equivalent to $1460 a month

All these while, i have never quite put the figures down into a book and tabulate it.. But looking at the total i spend in a year on the 3 monkies, i now understand as to why many Singaporeans choose not to have kids.. 3 kids made me $40k poorer in a year and items such as food, doctor visits, insurance etc have not been taken into consideration yet!

No wonder my friends been holidaying in Europe and USA while we are always doing trips within Asia only.. :(