If you’re planning to have children, you need to know what to expect. While most parents talk about the reduced sleeping hours – and you will truly have to function on two or three hours a night in the beginning – not everybody is completely honest about the costs inherent to raising a child. Bringing up a child in the UK costs more than the average home, according to the Centre for Economics and Business Research.
Ultimately, as a parent, you need to be prepared for a cost of over £230,000, which includes childcare and education until the age of 21. If you compare in terms of household budget, proportionally a British household will spend nearly 40% of their net incomes on raising a child. Of course, the more children you have, the more expensive it’ll be – although, thankfully, one household with two children spends less than two households with one child each.
Unsurprisingly, the costs vary depending on where you live in the UK. However, you’ll still be paying well over £200,000 to bring up a child everywhere in the country.
In other words, there’s no secret to cut down the expenses. But there are ways to maximise frugal living to make sure that you don’t break the bank!
Each child costs a quarter of a million
For 2018 I want to share with you all my thrifty tips and how you can save money and of course try new things. Each Thursday I will share something with you that I regularly do to save money in our household. Saving money this year is a big must on the agenda due to myself being on maternity leave later on in the year.
Here is the first Thrifty Thursday post for 2018!
I love to try new things. A few months back I discovered an app called Shopmium that let you do just that – try new things. It’s easy to use trust me! While I’m browsing around the supermarket I get my phone out and check out what I can try this week. My husband loves to see what I’m bringing home next with the weekly shopping! Although he wasn’t too fussed with the Chickpea snacks I got the other week!
It’s the start of a brand new year so I thought I would join in with the weekly Living Arrows linky run by Donna over at What The Redhead Said
The idea behind Living Arrows is to celebrate childhood. It’s name is taken from a poem by Kahlil Gibran, “You are the bows from which your children as living arrows are sent forth”
I will aim to post every Monday sharing a photo of baby girl of what we have been up to the previous week. I think it’s a wonderful idea to document how much she is developing and growing everyday. She is currently 23 months old and time is flying by quickly. Plus with a new baby arriving in April there will be lots more photos to share this coming year!
This past week has been baby girl’s second Christmas. She doesn’t understand the concept of Christmas but thoroughly enjoyed opening all her presents. My husband and I didn’t buy her a lot as we knew family would. Tearing open the wrapping paper and playing with the cardboard was her highlight! Oh and her new kitchen! All we have had all week is her going around with her kettle and a cup saying “cup of tea?” then taking it away from you!
Thanks for stopping by today.
Here we are again at the start of a new year. This year sees my blog turn 3, baby girl turn 2 years old and of course the arrival of baby girl number 2 in April. It’s such an exciting year ahead!
Last year I made a quarterly plan for 2017 on how I was going to achieve my blogging goals. I completely smashed my earnings goal which I’m extremely happy about. So my ultimate 2017 blogging goal to turn the blog into a part-time job was successful!
I’m a huge stationery fiend and a few weeks back I had a dilemma that I’m sure most bloggers have. What planner shall I get for the start of a brand new year? There are many great ones on the market to suit all budgets. Some are generic, others you can customise to your own requirements.
I have been on a little gathering trip hunting down diaries and planners to review for you. There are many available out there and this list is just a few of them.
At just £1 each these beautiful diaries are A5 size and perfect for out and about. They have many designs available.
My Year In Review – 2017 has been an eventful year. Lots has happened. Happy and sad. I have decided to go back through each month of 2017 and tell you a little bit of what’s happened throughout our year. I did this last year – you can read that post here.
From the words of my favourite film – Let’s start at the very beginning, a very good place to start….
Ah January, this month was a huge decluttering time. We knew our house was going to go on the market very soon so it really was just clearing up after Christmas and getting the house photograph ready! At this point I had been back to work for a few months after maternity leave so was now in some kind of routine. I was getting well into blogging and posting most days. Although I did have one huge hiccup when I got hacked. It was a horrible time and made me so upset.
You can read my post here on – What I learned from getting hacked and how to prevent it.
February was a special month. Baby girl turned 1 years old! Her first year had gone so fast. It’s amazing seeing her grow and develop into her own little character with a bright personality. We had her last Baby Sensory class on her 1st birthday which was lovely as they made it very special for her.
Next up in February was that our house was officially on the market. We had quite a few viewings to start off with, but it was from investors who wanted it for a knockdown price to rent out for the students and hospitals workers as we are very close by to the hospital. I was unimpressed with their offers.