It's not uncommon to hear citizens rant about the high cost of having a baby in Singapore. Just to document my expenditure for our 2nd pregnancy leading up to delivery and 1 month post-partum:
Still got gain leh.
I think the real impact comes from infant-care or full-day childcare, or if one decides to buy a new car and/or hire a full time domestic helper. Otherwise, delivering a baby (assume: naturally conceived) alone doesn't burn a hole in your pocket, as my tabulation above shows.
Of course, there are other necessary expenditure items after your baby is born:
- Hospitalization and surgery (Shield): $400 / year
- Insurance costs: $300-$500 / mth
- PD/GP when child is sick: $40 - $120 / visit
- Formula milk powder: $45-$60 / tin
Money aside, the joy of bringing up a child, watching him/her grow up, laughing at his/her cute antics - priceless.
Still got gain leh.
I think the real impact comes from infant-care or full-day childcare, or if one decides to buy a new car and/or hire a full time domestic helper. Otherwise, delivering a baby (assume: naturally conceived) alone doesn't burn a hole in your pocket, as my tabulation above shows.
Of course, there are other necessary expenditure items after your baby is born:
- Hospitalization and surgery (Shield): $400 / year
- Insurance costs: $300-$500 / mth
- PD/GP when child is sick: $40 - $120 / visit
- Formula milk powder: $45-$60 / tin
Money aside, the joy of bringing up a child, watching him/her grow up, laughing at his/her cute antics - priceless.
This is such an important topic! Baby insurancecan provide crucial coverage for unexpected medical expenses and give parents peace of mind. Planning ahead really makes a big difference in ensuring a healthy start for your little one. Thanks for sharing these insights
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