How Much Does a Child Cost and Can You Save Money on Kids? / Investing in Children
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How much is your child worth? We're not planning to start a new business. We simply decided to realistically calculate how much parents spend on their children. Yes, there's information on this topic online. But it's usually fragmented, sometimes inaccurate, and only covers certain periods of a child's life. We decided to fully estimate the expenses per child from 0 to 17 years old. Perhaps these figures will give you pause for thought—about savings, optimization, or perhaps lost profits. But beyond expenses, we'll also tell you how much you can "earn on your child" through tax deductions and various social programs. A file with all the calculations can be downloaded here https://clck.ru/34mDhF. Plus, we and our experts will share life hacks that will help you adjust your family's economics and finances for your children. And more. To create this video, Vladimir Arkhireisky literally "reverted to childhood." See what came of it.
Timestamps:
00:00 Intro
02:43 Pregnancy Expenses
04:24 Preschool Child Expenses
04:53 Baby Food
06:41 Choosing a Stroller
07:38 Buying Clothes
09:53 Preschool Summary
10:33 CARRYING AFTER FEW: Pros and Cons
12:43 Medical Expenses
16:29 Primary School Summary
16:52 Club and Activity Expenses
19:36 Extra Expenses
20:05 High School Summary and Grand Total
21:00 How Much Could You Earn with This Money
25:24 Life Hacks to Help You Save on Child Expenses
28:04 Financial Literacy for the Little Ones
31:55 Finale
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