Tuesday, 23 February 2010

Kerching!


Money. Can't live without it, could do with lots more of it. But even lots more of it wouldn't necessarily make you happier. Oh alright, maybe temporarily.

With a mid-sized family it's something that is never far from my mind. New shoes, coats, bags and that's just me.

Who hasn't thought about what they would do if a lottery win came their way? I'd know what I'd do in a shot. Buy a new house, share it with family and good friends, give some to charity, and then do something random like open a tea shop that sold cute gifts by day, and was a bar by night. What would you do?

A new report by LV reckons the average cost of raising a child to the age of 21 costs over £200,000. Wowzer! That's a pretty eye-watering amount. Now, my maths has never been good, but times that by three and that's . . . a figure I don't want to think about.

According to the data, we'll spend £11,000 on babysitting alone. Surely that can't be right. Most parents I know barely go out. Either you don't have the energy, don't get invited (you fall off the social radar with friends without kids) or by the time you do organise a babysitter, get your outfit and get excited, somebody falls ill and the whole night is scuppered.

Childcare tops the biggest expense with us Brits spending over £54,000. I've spent a small fortune on childcare over the past five years, but a friend recently pointed out in the days pre-kids that I wouldn't have saved that money either.

Too true.

1 comment:

  1. oh well, that's £11,000 I'll save then, i never go anywhere!

    ReplyDelete