A reader once commented, even though he has no kids now, but he would envisage minimal outlay when he has one, perhaps mainly the diapers and milk powder.

To be honest, raising a child is not exactly that expensive an affair. It is also highly dependent on the expectations of the parents, and striking a balance between the needs and the wants. Many parents would comment that raising a kid is not cheap, as subsequently the older they get, it might get more expensive since that is also the time that they start sourcing for additional enrichment classes, which probably leaves for a separate debate.

However, for the purpose of this blogpost, the discussion would be focused around the comment made in the first paragraph.

It is true that diapers and milk powder are the main outlay for raising a kid initially. However, there are also pre-preparation outlay. If you