Suncorp Bank's Cost of Kids report has been released, providing some interesting insights into the costs of raising children.
The Cost of Kids report, part of Suncorp Bank’s Cost of Living Series, found the average Australian parent spends more than $297,600 raising a child to the age of 17, of which the ‘tween’ years (9 to 11 years) have the biggest impact on a household budget ($1,630 per month). Teenagers aged 15 to 17 are substantially cheaper at $1,290 per month while infants and toddlers are the least expensive.
Tips to keep families financially fit include:
TEL: 1300 942 856
CONNECT WITH US
Copyright 2015 1300WHATLOANS . ABN 909 24 823 961. Australian Credit Representative Licence Number 417176. Privacy | Disclaimer | General Advice Warning | Sitemap | 1300whatloan.com.au |