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Parenthood and cost

I do not know if many people saw the money programme yesterday.It was saying to bring a child up costs £100, 000 on average until your child is 21.

Which is the cost of some sports car.

But surely whilst a child may make you penniless it is way better than a a car.
:beer:
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Comments

  • Bossyboots
    Bossyboots Posts: 6,759 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Absolutely, but I have no idea where they get those figures from. Even with putting my son through university I can't imagine we have spent that much.
  • studentphil
    studentphil Posts: 37,640 Forumite
    Bossyboots wrote:
    Absolutely, but I have no idea where they get those figures from. Even with putting my son through university I can't imagine we have spent that much.

    I guess they cut out a lot of the university compared to now as the new system cuts out all the upfront paying- pay when you graduate set up.
    :beer:
  • gringo50
    gringo50 Posts: 64 Forumite
    I read this and thought no way 100k but then i added things up (my boy is 9).
    I spent 5k on him in his 1st year of being born, you know how it goes (i wasn't a MSE then) I would only buy good quality clothes (which were to small in a month) for him.
    Then when he was 3 it was i like that, and can we go there (somethings he got and some places he went).
    This has continued upto today
    a guesstimate on what we have spent on our son upto now and its in the region of 40k.
    What with his music lessons and jujitsu lessons and the soon to be ice skating it is a ridiculous amount but we all want the best for our children and i look at it as an investment.
  • studentphil
    studentphil Posts: 37,640 Forumite
    gringo50 wrote:
    I read this and thought no way 100k but then i added things up (my boy is 9).
    I spent 5k on him in his 1st year of being born, you know how it goes (i wasn't a MSE then) I would only buy good quality clothes (which were to small in a month) for him.
    Then when he was 3 it was i like that, and can we go there (somethings he got and some places he went).
    This has continued upto today
    a guesstimate on what we have spent on our son upto now and its in the region of 40k.
    What with his music lessons and jujitsu lessons and the soon to be ice skating it is a ridiculous amount but we all want the best for our children and i look at it as an investment.

    A shocking amount really!!
    Do kids really need music lessons and marshel arts classes?
    :beer:
  • andycarmi
    andycarmi Posts: 1,072 Forumite
    Bossyboots wrote:
    Absolutely, but I have no idea where they get those figures from. Even with putting my son through university I can't imagine we have spent that much.

    Maybe the take out loss of earning as some people don't go back to work or work part time for a while:confused:
  • gringo50
    gringo50 Posts: 64 Forumite
    You are right studentphil they dont need it, but he is a placid boy interested in music and is at a state school, so i think he should be equipped to look after himself when he is a teenager at secondry school.
    Because make no mistake he has been bullied in the past at primary school and will be again in the future and at least he will be able to defend himself and escape.
    The reason i say in the future aswell is because he is known as the geek in his class (because he listens to the teacher and doesn't mis-behave)
    He is also known as the grass because he hates bullying in the playground which he sees and reports it.
    As you can see with an attitude like that its best he learns to take care of himself and the music well he loves playing the piano and we aren't musicaly inclined so its easier to pay the tenner a week and let him learn.
    You never know he may become the next Elton John.
  • brazilianwax
    brazilianwax Posts: 9,438 Forumite
    I do not know if many people saw the money programme yesterday.It was saying to bring a child up costs £100, 000 on average until your child is 21.

    Which is the cost of some sports car.

    But surely whilst a child may make you penniless it is way better than a a car.

    Nope - I'm sticking to cars.

    They don't cry, or need nappies, and they don't wake you up at night. They're useful, and in my case, fun!

    Mine costs me a small fortune, and my mother's hints about grandchildren aren't getting any quieter, but I'll stick to petrol rather than milk!

    :D

    Vroom vroom!
    :A MSE's turbo-charged CurlyWurlyGirly:A
    ;)Thinks Naughty Things Too Much Clique Member No 3, 4 & 5 ;)
  • liz105
    liz105 Posts: 378 Forumite
    A shocking amount really!!
    Do kids really need music lessons and marshel arts classes?

    Well, yes.

    Musical ability in children improves intelligence, self-discipline, and from personal experience creates strong bonds/friendships if they play in groups/orchestras.

    As for the other classes, its a good way of developing self-discipline, confidence, and its good exercise.
    Mummy to two girls, 4 & 1, been at home for four years, struggling to contend with the terrifying thought of returning to work.
  • studentphil
    studentphil Posts: 37,640 Forumite
    gringo50 wrote:
    You are right studentphil they dont need it, but he is a placid boy interested in music and is at a state school, so i think he should be equipped to look after himself when he is a teenager at secondry school.
    Because make no mistake he has been bullied in the past at primary school and will be again in the future and at least he will be able to defend himself and escape.
    The reason i say in the future aswell is because he is known as the geek in his class (because he listens to the teacher and doesn't mis-behave)
    He is also known as the grass because he hates bullying in the playground which he sees and reports it.
    As you can see with an attitude like that its best he learns to take care of himself and the music well he loves playing the piano and we aren't musicaly inclined so its easier to pay the tenner a week and let him learn.
    You never know he may become the next Elton John.

    Very nobel reasons for paying for that!!
    :beer:
  • studentphil
    studentphil Posts: 37,640 Forumite
    Maybe a car can bring you happiness but somehow a child just seems to bring you something more.
    :beer:
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