Comments on: Here’s How Much Our Child’s Third Year Cost https://modernfimily.com/heres-how-much-childs-third-year-cost/?utm_source=rss&utm_medium=rss&utm_campaign=heres-how-much-childs-third-year-cost Helping other families and individuals reach financially Independence Wed, 15 Mar 2023 21:21:32 +0000 hourly 1 https://wordpress.org/?v=6.5.2 By: Do Kids Really Cost a Lot of Money? Here's What We Spent in the First 5 Years - Rich Frugal Life https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-5525 Wed, 15 Mar 2023 21:21:32 +0000 https://modernfimily.com/?p=4092#comment-5525 […] days are long, but the years fly by is absolutely correct. After being inspired by a post on the Modern FImily’s blog, I set out to determine how much we spent in our daughter’s first 5 […]

]]> By: Court and Nic https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2417 Thu, 08 Jul 2021 05:06:12 +0000 https://modernfimily.com/?p=4092#comment-2417 In reply to David @ Filled With Money.

Thanks David! We’re trying to show our real numbers to help others who are considering having kids. I was honestly shocked to see such a low number this year!

]]> By: David @ Filled With Money https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2379 Tue, 29 Jun 2021 23:18:05 +0000 https://modernfimily.com/?p=4092#comment-2379 Wow, $767 over an entire year is not an easy feat, especially for a baby. Congratulations, this is a helpful resource for other couples who just had a baby and are navigating through the whole process of raising another child.

]]> By: Court and Nic https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2358 Sun, 27 Jun 2021 04:22:29 +0000 https://modernfimily.com/?p=4092#comment-2358 So awesome you went with cloth diapers - huge savings right there. ]]> In reply to Heather.

Haha I feel like I’m a super freak in this regard as no one else seems to track expenses this nitty gritty!

It’s so great to be able to have hand me downs, especially when kids outgrow things so fast.

Frozen fruit! Haha!! Finn is OBSESSED with frozen peaches these days – the most expensive frozen fruit out there of course! 🤣

So awesome you went with cloth diapers – huge savings right there.

]]> By: Court and Nic https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2357 Sun, 27 Jun 2021 04:20:26 +0000 https://modernfimily.com/?p=4092#comment-2357 This is one of those weird things I love tracking. I’m sure you were darn close in optimizing! I would have introduced you to the Varage Sale app though 😉]]> In reply to Chrissy @ Eat Sleep Breathe FI.

Detailed Dolly over here 🤣 This is one of those weird things I love tracking.

I’m sure you were darn close in optimizing! I would have introduced you to the Varage Sale app though 😉

]]> By: Court and Nic https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2356 Sun, 27 Jun 2021 04:18:52 +0000 https://modernfimily.com/?p=4092#comment-2356 Happy early birthday to your little one! We were hesitant about getting a zoo pass as we weren’t sure if/when parts of it would open just to shut back down. Thankfully our neighbours have 3 passes (adults, guest, child) and they graciously let us borrow theirs whenever we want so we’ve been able to go a handful of times the past few months that way. Yea I have to make an immediate conscious effort to think about the “one-offs” that would pop up throughout the year to put in the sheet right then or there or else it would get lost. Soon enough that crushing daycare figure will be gone!! ]]> In reply to Marii.

Detailed Dolly over here! 🤣

Happy early birthday to your little one!

We were hesitant about getting a zoo pass as we weren’t sure if/when parts of it would open just to shut back down. Thankfully our neighbours have 3 passes (adults, guest, child) and they graciously let us borrow theirs whenever we want so we’ve been able to go a handful of times the past few months that way.

Yea I have to make an immediate conscious effort to think about the “one-offs” that would pop up throughout the year to put in the sheet right then or there or else it would get lost.

Soon enough that crushing daycare figure will be gone!!

]]> By: Court and Nic https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2355 Sun, 27 Jun 2021 04:15:23 +0000 https://modernfimily.com/?p=4092#comment-2355 In reply to ReThinking FI.

I honestly could t believe how low we were for the year.

Yea for sure feeling pent up can easily lead to more online purchases! And you’re right, you’ll get double the use with the next kiddo and can likely resell it for at least 50% what you purchased it for.

]]> By: Heather https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2350 Fri, 25 Jun 2021 18:16:42 +0000 https://modernfimily.com/?p=4092#comment-2350 . 3 year old is potty trained, and 10 month old is in cloth diapers that were already used for our first.]]> I am definitely not organized enough with 2 kids running around to track what I spend on them! Nowhere near $8000 though! I don’t really buy anything for my kids because we get so much with gifts and hand me downs from cousins. I probably spend $50-$100 on Christmas and birthdays. And $30 a month in frozen fruit 🙈. 3 year old is potty trained, and 10 month old is in cloth diapers that were already used for our first.

]]> By: Chrissy @ Eat Sleep Breathe FI https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2349 Fri, 25 Jun 2021 05:49:25 +0000 https://modernfimily.com/?p=4092#comment-2349 As always, your attention to detail astounds me! As much as I’d love to know exactly how much our kids cost us, I’m far too lazy to track their expenses as accurately as you have. I’m so impressed!

We also managed to spend a very modest amount on our kids, but definitely not quite as optimized as you and Nic. Wish we’d been friends back then—learning from you could’ve saved us a few hundred more per year!

]]> By: Marii https://modernfimily.com/heres-how-much-childs-third-year-cost/#comment-2348 Thu, 24 Jun 2021 22:52:14 +0000 https://modernfimily.com/?p=4092#comment-2348 Wow! I’m impressed with how detailed you are with writing all the stuff down!

I just checked our number for the past 12 months (our daughter is turning 3 in a week and a half) and purchases we have categorized as “kid” are $900 (included is $199 zoo membership with a guest pass as we kept visiting the outdoor areas during the pandemic). And on few occasions, we have bought her some clothes or other small stuff from Superstore that would be categorized under “groceries”.

That number is pretty sweet…and then I look at our daycare cost which is $11K for 11 months (she was home last June and went 3 days/week) – not so nice anymore 😀

]]>