How much does it cost to raise a family of 5?

Is it possible to be a sahm if husband’s salary is only abt $4K before cpf? With 3 kids in tow. Plan to quit job when I move into new hse.

12 Replies
undefined profile icon
Write a reply

I see alot of its doable comments, I think they are very nice or either that have very good planning. but personally I feel that you can barely survive the winter( tough times, inflation etc). kids fall sick easily, if 2 or 3 fall sick per month the doctor bill will eat a big hole out of your budget. electricity bill rising, food price rising. I think before you want to be sthm you have to have some side income. it's tough reality here. your husband or anyone else job is not permanent. if he gets laid off or quit due to any reason do you have at least 6 months of cash to tide you through? something to consider.

Read more