Half a million to have a kid

GnT 12 December 2007 32

Researchers for the University of Canberra have found that it costs roughly $500,000 to raise two children from birth until age 21. The amount varies depending on your income level. High income earners spend a lot more on education (presumably due to private school fees) whereas low income earners seem to spend a lot on recreation. Not sure if this amount include loss of income.

This research delivers no big surprises to me. I’d like someone to do a study which shows only what you need to spend to raise a happy, healthy child, which should be roughly the same across all income brackets.


What's Your Opinion?


Please login to post your comments, or connect with
32 Responses to Half a million to have a kid
Filter
Order
Holden Caulfield Holden Caulfield 1:44 pm 14 Dec 07

“its actually time to start controlling our evolution… first step is population control..quality DNA not quantity.”

Lead on McDuff…

Dark and Mysterious Dark and Mysterious 12:37 pm 14 Dec 07

I just had a child as a vanity project to perpetuate my DNA. I’m happy to pay for that. 😉

I’m too rich to get any government benefits, apparently.

Absent Diane Absent Diane 9:57 am 14 Dec 07

its actually time to start controlling our evolution… first step is population control..quality DNA not quantity.

ant ant 10:49 pm 13 Dec 07

Oh, I don’t think the human race is in any danger of dying out (other than by killing itself with pestilence and ruining the world it lives in). You’ve been listening to the economists, who want us to Grow Consume Develop.

We are facing land, water, food shortages. I think we have already gone beyond what we should have. people should be taxed for havign kids, not paid for it (and definitely not subsidised).

sepi sepi 9:07 pm 13 Dec 07

I get no family tax either.

Do you guys really want to be part of the last generation on Earth?

ant ant 8:58 pm 13 Dec 07

“Remember, ant (and AD), these kids are going to be paying taxes in 30 years which will pay for your health care, medication, transport etc.
Comment by GnT — 13 December, 2007 @ 8:59 am “

That old chestnut. Do you want a medal? Meantime, I have also been saving hard for my retirement, and my super will be taxed when I get it, by the way (more money for FAMILIES I imagine), and I’ll pay my own way, like I always have. Not bludging off the taxpayer.

H H 7:12 pm 13 Dec 07

Ebay, Vinnie’s and salvos clothes do me and my children. I get no family tax benefits at all because I work too hard and earn too much money. So ner 😉

I reckon kids are expensive if you buy them all the kiddy crap advertised everywhere. BTW, my 10 year old just read what I wrote and agrees with me; he says: “Why buy all the kiddy crap that you never use again after you’ve had it two weeks?” Smart kid that one!

Mr Evil Mr Evil 12:22 pm 13 Dec 07

I don’t have parents either: I am the end result of a sheep breeding experiment that went horribly wrong at Lincoln College in the late-60s.

Absent Diane Absent Diane 9:49 am 13 Dec 07

I don’t have parents; just a sperm delivery unit and a squeezer.

Holden Caulfield Holden Caulfield 9:21 am 13 Dec 07

“anyone who is stupid enough to have a child deserves whatever comes to them. I hate nothing more than listening to idiotic parents whinge about their children or how much they cost to water and feed or how because of children they are broke. Guess what? it is your own fault deadshitz!”

Your parents must be so proud. 😉

GnT GnT 8:59 am 13 Dec 07

Remember, ant (and AD), these kids are going to be paying taxes in 30 years which will pay for your health care, medication, transport etc.

Neocom Neocom 11:18 pm 12 Dec 07

OMG I’ve been ripped off I sold mine for 1/2 that!

ant ant 10:31 pm 12 Dec 07

Yes, I’m going to offer to have myself ground up to make food for the Working Families. We must all sacrifice ourselves for them.

el ......VNBerlinaV8 el ......VNBerlinaV8 10:07 pm 12 Dec 07

Careful Ant, you’ll upset all the *WORKING FAMILIES*

Don’t forget, they’re the best people in the world….

ant ant 9:30 pm 12 Dec 07

I work and pay my taxes too… taxes which are then shovelled at “families” ie people with children, which are a lifestyle choice, not a sacred calling. Why should childcare be subsidised? Why should there be a breeder bribe bonus? What’s this Family Tax B crap? And why isn’t this welfare means tested? My taxes are being given to people who earn more than me because they’ve bred kids!

Have kids, or don’t have kids, but the amount of complaining from the kid-burdened just confirms the choice of the child-free not to have them. It sounds like utter misery.

el ......VNBerlinaV8 el ......VNBerlinaV8 8:20 pm 12 Dec 07

Now now people, there’s stupid people from both camps.

GregW GregW 5:18 pm 12 Dec 07

Dysgenics in action..

sepi sepi 5:15 pm 12 Dec 07

yep – your taxes give me 5.00 a week – yay for that. and I can’t say no to it – you can’t enrol without signing up for it.

why do they even bother with the useless childcare subsidy at that rate – the stupid paperwork must cost more than that. and the pointless visits to queue up at medicare or centrelink to sign up.

Mr Evil Mr Evil 4:57 pm 12 Dec 07

“I pity those who are barren or too stupid to have a family for all they are missing out on.”

I pity myself too – for all the tax I pay helping greedy people keep their little darlings in childcare 12 hours/day – money that could be better spent on something more useful, like hospitals.

howdy howdy 4:46 pm 12 Dec 07

Higher income earners probably have to spend more on childcare to earn the higher salaries. And then there’s the guilt money spent by some parents on their kids when their parents work too much.

This would also affect people on lower incomes if they need two salaries to afford rent/mortgages.

CBR Tweets

Sign up to our newsletter

 Top
Region Group Pty Ltd

Search across the site