Personal Finance
How Much Does It REALLY Cost To Raise A Child In Singapore? Realistically…
By Seedly  •  September 21, 2019

Yeap, we all know it’s going to be expensive to raise a child.

I mean, c’mon, you’re basically providing for another human being, from scratch.

simba being lifted up the lion king

Source: giphy

But it really makes you wonder seeing how the rising cost of living and therefore, raising a child, is one of the main factors leading to Singapore’s low fertility rate.

You know what’s the fertility rate we’re supposed to have if we want to be able to replace our previous generation? 2.1 children per woman.

Guys, our fertility rate is at 1.14 children per woman.

Barely half of the replacement fertility rate…

Just how much will we potentially spend on our child that it defers us from wanting to

...
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance