Life costs. Just waking up in the morning reminds you another day is another dollar. The sheets on your bed, the heating, lighting, the shower and kettle, your clothes and shoes, even the dog you take for a walk cost. It all adds up. Life is pretty expensive. And it just seems to get more and more expensive as house prices rocket, university fees climb and gas bills soar.
So how much does it cost?
The cost of children
According to research the average UK child costs 166,000! Thats 22 a day from the day they are born till they reach 21. Childcare and education are the key expenses as well as a university education. Youll need your child to become a brain surgeon to support you when youre a poor, broke pensioner!
The main expenses are:
15,630 for food
12,109 for holidays
12,055 for clothes
9,369 for hobbies
And if you give birth in London, than hopefully your pay packet is that much bigger. London is the most expensive place to bring up children whilst the West Midlands spend the least on their offspring.
Two weeks in the sun
If youre going on holiday this year, the chances are you want to escape the stress...