How much to raise a child till university?
I’ve google search but the results varies. Wanna hear from experience mama’s here for some reference point. Kind of worried coz seems like the cost of bringing up a child is really expensive. ?
If you’re asking about Singapore... University courses in Singapore have such diverse fee prices. Medicine is probably about $25,000 a year x 5 years, while Arts and Social Sciences might be about $5,000 a year x 4 years (with honours). Then it depends on whether your child goes to a government school prior or those independent schools that have much higher school fees (eg. $250/month). And these are just school fees alone. A conservative figure would be $100,000 per child? Excluding insurance and family holidays, etc.
Read moreHave to consider future costs instead of looking at the present costs. Universities and other living expenses will increase every year.
I reckon about half a million sgd?