tag:blogger.com,1999:blog-17478547.post1695285252366465139..comments2024-03-27T20:17:30.597+08:00Comments on Growing your tree of prosperity: Cost of having a child is way overblown !Christopher Ng Wai Chunghttp://www.blogger.com/profile/15534057160494859977noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-17478547.post-52527280603016813392024-02-01T19:01:16.917+08:002024-02-01T19:01:16.917+08:00Regarded as the gateway to secondary education, th...Regarded as the gateway to secondary education, the PSLE outcomes influence the selection of secondary schools. Students' performance in this examination plays a pivotal role in determining their future educational opportunities.<br /><br />Read more: <a href="https://www.explico.sg/psle-tuition" rel="nofollow">PSLE Online Tuition</a><br />PSLE Exam Guidehttps://www.blogger.com/profile/17968000964195040739noreply@blogger.comtag:blogger.com,1999:blog-17478547.post-83425362998862908962015-11-11T00:53:17.114+08:002015-11-11T00:53:17.114+08:00
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Thank you for sharing your pos...Hello Christopher,<br /><br />Thank you for sharing your post and moderating the "scare" factor of having a child. I agree with Frugal Daddy that it is tough for a couple to have accumulated $240,000 before they decide to have a child. In fact, those who did it seem to be the exception than the norm.<br /><br />There are many unknowns that a couple takes on when they decide to have a child. But I trust that the couple would have taken their unique circumstances into consideration, one of which would be their future earned income to help support the family. <br /><br />I have a little concern about the 8% return assumption, which seems rather high. I believe you are looking at total return, rather than yield from dividends. In this case, I would be cautious to note that the capital will be eroded over time should the couple chooses to cash out the capital appreciation of their portfolio.SShttps://www.blogger.com/profile/05793020624721538791noreply@blogger.comtag:blogger.com,1999:blog-17478547.post-83949411901360430422015-10-22T05:39:44.214+08:002015-10-22T05:39:44.214+08:00Hi Christopher
Good moderation and sharing from y...Hi Christopher<br /><br />Good moderation and sharing from your yield perspective. I would like to add in the "human" part that is not mentioned. <br /><br />Many couples will take decades to save $240,000 and they may not be fertile anymore. Many 20s graduates only earning 30k thereabout. Maybe they can save 10k for the first few years before their salary goes exponential. Although it is common to have ladies getting pregnant at their 30s now, it is considered high risk pregnancy if the lady is over 35 years old. There is a biological reason why puberty start at certain age and why birthrate was higher in the part. Now, how often we see couples looking for solution on infertility, as early as 20s/30s. I am not encouraging irresponsible finance behaviour but i think you know what i mean.<br /><br />No right or wrong, but if we are to have children and income is not so ideal to build up the asset you mentioned, then live frugally. I seriously doubt we need $1,500-$1,600 a month for a child. I spent about $1,000 a month for my child and 70% is because of infant care. Frankly, if you go for the extreme way, a child can cost zero, not considering manpower. cloth diaper, breastmilk if they have, etc. creative thinking.<br /><br />Anonymousnoreply@blogger.com