Spending on childcare and education is by far our largest spending category now and has gone up steeply. We are now at AUD 47k for the last 12 months, which is 30% of spending. So, I was wondering where all that money was going:
Turns out that we are spending twice as much on daycare for the 3 year old as on private school for the 6 year old. We get little childcare subsidy. We also spent $4k on deposits for the two children to start at a new private school in 2024. We shouldn't have that expenditure again and the government wants to increase childcare subsidies. So, perhaps this is peak expenditure on this category in real terms until they are both in high school? School fees first fall and then increase again with age.
No comments:
Post a Comment