so?how much?does 100k enough?i did some calculation and i feel that between 100k - 150k..so is it enough?lolx
why are u worrying abt this now?
is there something we shd know?
congrats on the bundle of trouble. 200k is enough if the child go to university of society early
good to ask anyway for forward thinking ppl...gals r often an insecure bunch
not to worry....even if u divorce a guy...he will still have to keep paying...and u can still sleep with another man for more money...
did u include piano, ballet, organ, golf, tennis tuition? when you send him to US/UK study, how much u reckon? 200k also not enough
200-300k should be enough if it's a local uni and taking into account inflation for 20 years. 500k would be required if child is brought up till uni education overseas. Of course, you could save a tidy sum if your child gets a scholarship or is bright enough to establish his own business :)
You need more than 200k, you need a little less if he is a genius.
no..excluding all those extra lesson..i am just toking about sch fee till uni (local), accommadation, breakfast, lunch and dinner..that's all..oh..perhaps..some other misc like snacks, once awhile you pay some bill for them..lolx i wan to know how much would be more then enough. no luxurious spending cause from low income family
your kid also faces peer pressure. When he sees his friends and classmates getting cute toys and eating at cosy restaurants, he would ask the same too. What about uniforms, textbooks, assessment books, sch allowance, tuition fees etc. $200,000 is a realistic one, taking into account inflation of 3-5% over 20 years.
what about the past? i was tasked to do some calculation about the estimated amount needed to bring up a child, actually didnt even go to uni... -.-" okay i am toking about myself..i told my family say that 100k is more then enough..cause since young other then providing me with a roof, sch fee..textbook, uniform..bla bla..and allowance..+3meals ba..so let's say..i am 24 this year...well of coz they dun provide me with all these now -.-" except a roof..100k not enuff? i remb last time i onli had 30cent allowance a day..lolx!..i do not have much fanciful toy..and anything i wan is either i save from allowance or work to get it..so i can say i hardly take any extra except for the basic from them...
Originally posted by themoment86:what about the past? i was tasked to do some calculation about the estimated amount needed to bring up a child, actually didnt even go to uni... -.-" okay i am toking about myself..i told my family say that 100k is more then enough..cause since young other then providing me with a roof, sch fee..textbook, uniform..bla bla..and allowance..+3meals ba..so let's say..i am 24 this year...well of coz they dun provide me with all these now -.-" except a roof..100k not enuff? i remb last time i onli had 30cent allowance a day..lolx!..i do not have much fanciful toy..and anything i wan is either i save from allowance or work to get it..so i can say i hardly take any extra except for the basic from them...
last time is last time.
now is now.