Everybody knows that it’s expensive to raise a child, but just how much would it cost you?
How much does the average Malaysian dad spend from the time of their child’s birth to when he or she goes to university?
The scary truth is, the cost of raising children is staggering and probably far more than what most (single) people can imagine!
For instance, you could be paying RM12,000 every year for babysitting services alone – that’s roughly the cost of a down payment for a brand new Audi A6! And we’re looking at just one aspect of the bigger picture, as these costs will surely escalate as your child grows older.
This article has been republished with permission from iMoney.