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Raising a Baby From Birth to 2 Years Is Less Than P500,000: Mom Shows Us HowA mom answered our call when we asked parents to share their "spreadsheet" of their spending.by SmartParenting Staff .
The reactions we had after publishing this story "You Need at Least P1 Million to Raise a Baby From Birth to Age 2" were awesome, even those who disagreed. Many felt the prices were "exaggerated" or "OA." We saw many comments that said "pang-mayaman."
We want to be clear: we're not telling anyone how much they should spend on their child nor are we putting a baseline.
Our writer interviewed eight couples who were diligent in tracking and documenting their expenses. That was their reality, and we were very appreciative when they decided to share it with us.
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Many of you gave us a glimpse of how much you would spend on an item or an amount you think was more practical than the ones listed on our chart above via our Facebook Messenger, email and the comments section. But we wanted a complete picture, and that's why we asked for anyone to get in touch with us to share their "spreadsheet" of their spending.
Kristine Clarisse Malto, a retailer of various baby carrier brands, answered our call. She shared via email that she projects to spend less than half a million when her daughter, who is currently 9 months old, turns 2.
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What the chart's colors mean
Those in black are items that were on our previous chart and Kristine purchased them as well.
Those in pink are items that came from Kristine and were not originally in our chart.
Those in blue are items that were our original chart, but Kristine's expense list left those blank (our assumption is she did not buy them.)
Those in orange are items that were on our original chart and Kristine's as well but these were either given to her as gifts or she got them for free. Here's the breakdown:
- The crib gift saved her Php18,000 (the crib can be converted as a toddler bed).
- The present of beddings cost Php2,500.
- She received a free UV sterilizer after signing up for a company that stores baby's cord blood and cord lining. Her savings: Php15,000. It should be noted here she did not mention whether signing up had a cost.
- The high chair costs Php10,000, also a gift.
Her total savings because of these gifts amounted to Php45,500 (the idea of a baby shower has never sounded so good).ADVERTISEMENT - CONTINUE READING BELOW
Minus these gifts, Kristine's grand total of expenses from her daughter's birth to two years: Php398,140.
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How this mom managed to bring the cost down
Based on our original chart, Kristine's biggest chunk of savings came from not having a yaya — a cost we pegged at Php168,000 for 24 months. (She wrote in her email that she quit her job as a lawyer.) There was no home renovation required to accommodate her baby's arrival. She also planned to take advantage of the free vaccines in health centers. So from our approximate cost of Php70,000, she projected she would spend only Php15,000 for vaccination until her baby turns 2.
Kristine also didn't have an entry for "extracurricular," which we approximated to be at Php46,800 for 12 months. (Our definition for extra-curricular was going regularly to a play school.)
Here's a breakdown of how else she saved money.
- She has only spent Php7,500 for her vaccination fees so far. She says she is taking advantage of the free vaccines at the health center. Her projected expense for vaccination: Php15,000.
- She does mixed-feeding so her milk expense is lower. Breastfeeding could bring the cost to zero, as many of you pointed out.
- She bought diapers and laundry detergent in bulk and during online sales. Her dishwashing liquid and playmat were also bought on sale.
- She also got good prices from e-commerce sites for her playpen (8 + 2 panel) and Jumperoo and fairs for malunggay supplements.
- She buys rice husks for her baby's snacks, and the price (Php350) is already good for a month.
- She doesn't have a yaya. She quit her job as a lawyer and became a mompreneur so she can work at home.
- The only home remodeling or renovation she did was to put up star stickers that came at Php300.
- When it came to clothes, Kristine bought her first sets for P3,000 total. The rest of the baby clothes, she says, "were given as gifts from overruns and palengke tiangges."
- Kristine has had three breast pumps. Her first was a manual pump that she received as a gift. She bought her second manual pump at P1,000 and her third was on sale at P2,500. She also bought the correct size of flanges at around P1,300.
- Her milk storage cups are reusable
It should be noted that if we filled up the empty items Krisine left out with our original cost estimates and added it to her total of Php398,140, the cost of raising her child can reach almost Php750,000. What is impressive, however, is the baby's christening and the first birthday party were already tucked in her expenses.ADVERTISEMENT - CONTINUE READING BELOW
How much have you spent on your child until 2 years old or even 5 years old? Share your "spreadsheet" with us via our Facebook Messenger or email it firstname.lastname@example.org
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