Education funding for children
The costs of raising children from birth until adulthood are frequently reported by media and vary widely depending on whether you want your children to go to public or private schools and whether they plan to go to university or college.
For example, if you send two children to a private high school which costs an average of $20,000 a year for each child, by the time they both graduate you will have spent $240,000 on school fees. And that’s not counting extras such as school uniforms, trips and sporting clinics.