Why is this cost site important?
Because, of the latest news: https://www.lv.com/life-insurance/cost-of-raising-a-child
“…According to the CPAG, the cost of raising a child (excluding housing, childcare and council tax) from birth to 18 is now:
- £160,692 for a couple family
- £193,801 for a single parent/guardian…”
£160.692 : 18 years = £8.927.33.-
£8.927.33 x 24 years = £214.255.- the cost of raising a child.
This is the cost you will have to pay if you have child. This is just enough to get the basic knowledge.
This amount is only sufficient to raise a child growing up in families drifting to the edge of society.
Everyone wants the best for their child.
This is not question.
The cost of raising a Pantomath child: £882,380 for the same period.
The difference between the two: £882,380 – £214.255 = £668.125.- for 24 years.
If you plan your child’s life before you want to become a parent, here is the amount you can use to calculate what your child will become by the time he/she turns 24:
Uneducated or Pantomath.
We provide the opportunity for your child to become a Pantomath by the age of 24!
Cost Detailer Table:
Pack | Entry fee | Service fee + Rent fee + Account fee per month | Total fees month | Total fee per Child / month | Total fees for all Children / month | Total fees per Child / year | Total fees for all Children / year | Total fee per Child / 24 years | Total fees for all Child / 24 years | ||
1 | £140.000.- | £3.490.- | £690.- | £36.60.- | £4.217.- | £4.217.- | £4.217.- | £50.604.- | £50.604.- | £1.354.496.- | £1.354.496.- |
2 | £260.000.- | £6.120.- | £690.- | £36.60.- | £6.847.- | £3.423.- | £6.847.- | £41.076.- | £82.164.- | £1.115.824.- | £2.231.936.- |
3 | £360.000.- | £7.720.- | £690.- | £36.60.- | £8.447.- | £2.816.- | £8.447.- | £33.792.- | £101.364.- | £931.008.- | £2.792.736.- |
4 | £460.000.- | £9.120.- | £690.- | £36.60.- | £9.847.- | £2.462.- | £9.847.- | £29.544. | £118.164.- | £824.056.- | £3.295.936.- |
5 | £550.000.- | £11.120.- | £690.- | £36.60.- | £11.847.- | £2.369.- | £11.847.- | £28.428.- | £142.164.- | £792.272.- | £3.961.936.- |
6 | £630.000.- | £13.620.- | £690.- | £36.60.- | £14.347.- | £2.391.- | £14.347.- | £28.692.- | £172.164.- | £793.608.- | £4.761.936.- |
7 | £700.000.- | £15.120.- | £690.- | £36.60.- | £15.847.- | £2.264.- | £15.847.- | £27.168.- | £190.164.- | £752.032.- | £5.263.936.- |
8 | £760.000.- | £17.620.- | £690.- | £36.60.- | £18.347.- | £2.293.- | £18.347.- | £27.516.- | £220.164.- | £755.384.- | £6.043.936.- |
9 | £810.000.- | £19.130.- | £690.- | £36.60.- | £19.857.- | £2.206.- | £19.857.- | £26.472. | £238.284.- | £725.328.- | £6.528.816.- |
10 | £850.000.- | £22.620.- | £690.- | £36.60.- | £23.347.- | £2.335.- | £23.347.- | £28.020.- | £233.470.- | £757.480.- | £6.453.280.- |