Ask the Expert Series: Post 2020 Budget

In line with the 2020 budget being announced last Tuesday, we are having a special Ask the Expert with Ang Hui Chin, Head of Financial Advisory at PolicyPal, where she will be answering your questions all about financial planning and preschool finances. So start asking your questions from now till Friday ?

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How much monthly expenses are sufficient for child care costs?

Hong Huizhen

Queen of 1 fun loving 4 year old and a 4 month old

4y ago

That will depend on the child care which we enrol our child in. The range of fees can be wide from $600 in government affiliated child cares to $1500 in mid range private childcares to $5000 for 10 week school term in premium childcare such as Etonhouse. On top of that, childcare related expenses could include additional cost for sending your child to extra activities and interest group out of school.

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