Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Costs of Raising a child - V1

views
     
TSTak3shi
post Aug 3 2011, 11:27 PM, updated 15y ago

Casual
***
Junior Member
431 posts

Joined: Mar 2007
I'm hoping that this topic can be like the thread "Let's talk salary(http://forum.lowyat.net/topic/1781458)". But instead of salary we're sharing costs on how much it takes to raise a child.

Hopefully we can learn from each other and share, so those raising children will know what to expect and those who are married can prepare before they start having children.

Will post some quotes found around.

Cost of raising a child 1.1m - http://christopherteh.com/blog/2010/08/02/...ld-in-malaysia/
QUOTE(auhckw @ Jan 25 2011, 11:30 AM)
I cannot tell so far.. but I can share rough expenses that I've spent for my now 15 month son...

A rough total of spending from time I knew my wife pregnant to baby's 1 week of age:-

Visit to Gleneagle's Gynae inclusive some supplements for the 9 months: RM3000
Mummy's milk powder: RM350
Baby's bottle, sterilizer, clothing, accessories, etc: RM1500
Natural Delivery (with vacuum) at Glenagles: RM5800
Jaundice Phototheraphy treatment at Putra Specialist: RM1600
Stem Cell (Stem Life) - including 20 years rental: RM4000
Confinement lady: RM2800
Confinement month food, etc: RM1000
Kakak Urut (10 times): RM400
Baby's milk powder and diapers: RM200
Rough Total: RM20,650
*We didn't buy baby bed, playpen, stroller, chair, car seat cause someone passed it to us. So saved up on it... I think if have to buy, it will cost easily another RM3k to RM5k.

Then every month (average down amount, sometimes use more sometimes use less):-
RM500 for his milk, diapers, food, new bottles, new clothes, etc.
RM100 for clinic visits, vaccination, sick... (touch wood, hope not every month see doctor)
RM50   for his toys (not every month buy him toys, buy on special occasion like BD, Christmas, etc)
RM500, My mum is taking care of him, on top of the usual allowance I give my mum, I gave extra RM500
Rough Total: RM1,150

Savings for his future? I bought a new property, office lot - RM420k. It is still under construction, hope can get rent when it is ready. So when 17 years later, hope price will appreciate and then sell off for his studies, his wedding, etc etc...

Now my 2nd baby coming... another round of expense coming up... my pocket is getting shallower...  cry.gif  but it is well worthwhile to have them in our lives...  rclxms.gif
*
Links
Tertiary Education Cost Calculator - http://www.meshio.com/child-education-calculator/

This post has been edited by Tak3shi: Aug 3 2011, 11:32 PM
azam_halim
post Aug 4 2011, 09:26 AM

Casual
***
Junior Member
451 posts

Joined: Jan 2006


for the average joe like me, this is how the typical monthly expenditure for my son (he is 3 now):
1. nursery (newborn to 2 yo= $280, now= $230 - not including $3 per hour overtime is i take him later than 6pm)
2. disposable diapers = uses 2 jumbo pack per month (always buy at promo price anywhere there is one..last time use the red huggies but since the price is getting ridiculous, using petpet now = $70
3. milk powder = breastfeed until 1y3m, after that give dugro. basically 5 pack per month = $100+
4. clothes need to buy each months since at early stage they grew faster. usually buy jusco branded cloth for nursery use = $50+ per month
5. others such as bottles, toys, etc = price varies...

and it is for one child only...at least $450 per months..usually around $500
amad108
post Aug 5 2011, 06:04 AM

too much of something is bad enough
******
Senior Member
1,008 posts

Joined: Jan 2005
From: Shah Alam SDE


nice info.. i just get married at jun, so now thinking to get a baby, so i concern about how much will i need to spent on the baby when he/she born..
kamikLM
post Aug 11 2011, 04:44 PM

New Member
*
Junior Member
11 posts

Joined: Aug 2011



well friend, we need to work hard to get money as now economy is not good nowaday. OT OT OT is needed. work as hard

 

Change to:
| Lo-Fi Version
0.0114sec    0.42    5 queries    GZIP Disabled
Time is now: 26th November 2025 - 06:06 PM