Recently, Mrs Budget and I have been talking about our future kids. That’s because people around us are either married with kids or are actively making plans to have their kids soon.

Of course, for Mrs Budget and myself, we are thinking of trying to conceive only 1 or 2 years down the road, or at least 1 or 2 years after we get married.

Mr Budget chanced upon a recent article by Heartland Boy where he detailed the cost of his first born, and the figure actually raised a few reasons for concern for us. 

According to his calculation, the total cost of raising his first born amounted to approximately S$41,000. Here’s the calculation by Heartland Boy (all credits belong to Heartland Boy)


S$41,000 seems like a lot of money and hence, we decided to do some budgeting on our side. To do that, we