Raising a child in Singapore comes with significant financial considerations.

With the total cost of raising a child estimated at over $220,000 by the time they turn 18, many parents are left wondering how to navigate these expenses.

While government subsidies offer some relief, parents still face ongoing costs that can vary depending on lifestyle choices, education options, and childcare needs.

On The Hot Seat, Hongbin Jeong speaks to Marlina Kwok, Retirement Specialist, IPP Financial Advisers and Kelly Ang, Full-time mom and part-time freelance writer, to find out whether raising a child in Singapore is a luxury or not.

 

Presented by: Hongbin Jeong

Produced and Edited by: Alexandra Parada ([email protected])

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