How much it costs to raise a child

Hi everyone,

I spotted this whilst browsing for info on the Junior ISA.
https://www.fidelity.co.uk/investor/junior-isa/cost-of-raising-child-calculator.page

It's a pretty cool infographic on the cost of raising a child. Who knew that raising a child would be the most expensive between the age of 18-21! ;-)

Comments

  • le_loup
    le_loup Posts: 4,047 Forumite
    The article is rubbish.
    What has it to do with ISAs?
  • quintwins
    quintwins Posts: 5,179 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Err my twins are 6 i can tell you right now i havent spent over £100k on them, i know because i havent had that much money for a start.

    Who makes this stuff up?
    DEC GC £463.67/£450
    EF- £110/COLOR]/£1000
  • Jazee
    Jazee Posts: 9,408 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    quintwins wrote: »
    Err my twins are 6 i can tell you right now i havent spent over £100k on them, i know because i havent had that much money for a start.

    Who makes this stuff up?

    The people who want new parents to panic and start saving with them. Agree that this is rubbish.
    Spend less now, work less later.
  • annie123
    annie123 Posts: 4,256 Forumite
    1,000 Posts Combo Breaker
    hajane wrote: »

    Who knew that raising a child would be the most expensive between the age of 18-21! ;-)

    Me! as mine are now 22 and 32 :D and children cost very little to bring up as well. Good manners for example cost nothing to learn.
  • I read a while ago it's about £100k from 0-18. This was a few years ago though.
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