Jump to content

.
.


  • Please log in to reply
87 replies to this topic

#1 Guest_Spunkrat_*

Posted 15 December 2012 - 03:48 PM

.

Edited by Spunkrat, 25 April 2013 - 05:49 PM.


#2 Ianthe

Posted 15 December 2012 - 03:54 PM

That would be very dependent on where you live and therefore how much the mortgage/rent would be.

#3 CherrySunday

Posted 15 December 2012 - 03:54 PM

I guess it depends where that $100k is going - of they own the house outright, own cars etc, then maybe, but otherwise I imagine it would be impossible. But then again, I only have 2, so have no idea how much 4 times the kids might cost!

#4 EssentialBludger

Posted 15 December 2012 - 03:56 PM

We couldn't. Well, we could, but it would mean no extra curricular activities, music lessons, OS holidays, private school, spoiling on birthdays and christmas, all the things we want for our children. We also have a pretty big IMO 4 bedroom, 2 bathroom, 3 living area house and I'm looking around thinking where the hell would I put 10 kids without them being crammed in like sardines.


Moot point though, there isn't enough money in the world you could pay me to have 10 kids. ph34r.gif

#5 BronR

Posted 15 December 2012 - 03:56 PM

In my current situation no.

But I guess a lot would depend on things like
where do you live (city/country)
do you have a mortgage/rent/own your place outright
what kind of lifestyle do you have
does that 100K include any other benefits/entitlements or are they on top

Not a one size fits all scenario.

#6 Froger

Posted 15 December 2012 - 04:02 PM

I have almost that amount of kids. I'm currently studying and on government benefits (single mum) while I complete my degree. My yearly income (including child support and FTB) is alot less than $100K let me tell you, LOL.



#7 Guest_Spunkrat_*

Posted 15 December 2012 - 04:03 PM

.

Edited by Spunkrat, 25 April 2013 - 05:50 PM.


#8 CountryBumpkin

Posted 15 December 2012 - 04:04 PM

We have number 6 on the way and have just taken a pay cut to almost 100k. It's do able, we have some debt we are paying off so it doesn't leave a lot of us, but means we can buy a house. I don't have teens though, I believe they get a lot more expensive. Anything is doable, I had 4 children and myself on 40k a year, paying 18k a year rent. You make it work if you need to.

#9 cinnabubble

Posted 15 December 2012 - 04:06 PM

I imagine the FTB would be pretty high on top of the annual income.

ETA: not high enough to tempt me, though.

Edited by cinnabubble, 15 December 2012 - 04:10 PM.


#10 Banana Pancakes

Posted 15 December 2012 - 04:11 PM

I probably could if I had to, but I certainly wouldnt want to.

#11 Sif

Posted 15 December 2012 - 04:18 PM

Yep, on we could do it 100K and live as at least as comfortably as we do now.

#12 Ianthe

Posted 15 December 2012 - 04:19 PM

QUOTE (cinnabubble @ 15/12/2012, 05:06 PM) <{POST_SNAPBACK}>
I imagine the FTB would be pretty high on top of the annual income.


I wonder if this was taken into account in the OP. Also wondering if it a fostering type of arrangement and some of the expenses for some of the kids are covered.

#13 **Tiger*Filly**

Posted 15 December 2012 - 04:20 PM

----

Edited by Tyrone Finkelmeyer, 26 March 2013 - 08:51 PM.


#14 littleboysmum

Posted 15 December 2012 - 04:25 PM

For my family? Not a chance in hell. But as pps mention, it depends on where you live, mortgage/ rent and lifestyle. I live in Sydney where the cost of living is high. I also like having enough money for extra curricular activities, holidays, schooling, meals out, entertaining etc. But that's just me. I suppose you can do anything if you have to. I am very good with money and could hopefully find a way if I had to. Nothing, however, could entice me to have 10 kids! I truly admire anyone with 3+ kids. I have my hands full with 2.

#15 librablonde

Posted 15 December 2012 - 04:34 PM

Well, I'm raising 5 kids on a lot less that that so I expect that I could do 9-10 kids on 100K. In saying that, my mortgage is not huge compared to some I've seen and my kids don't have iPads/ DS's/ wii's and so on. We live reasonably frugally but still live "well" FYKWIM. It just means that each kid can't be doing more than one extra-curricular activity that costs more than $XX amount, you have to budget and plan ahead. My kids don't have the latest and greatest clothes or shoes or other consumerist items but they're happy. If the OP could plan ahead and wasn't already committed to massive loan repayments then it's certainly do-able.

#16 FeralZombieMum

Posted 15 December 2012 - 04:46 PM

We could do it in the area where we live - although we'd have to get a bigger people mover and get a larger house. wink.gif We would either extend the house, pull it down and build again on the same block, or sell and move further out, or rent our current house out, depending on what the most cost effective move would be. If you take into account the increase in FTB, we'd be able to afford an inground pool and tennis court as well. roll2.gif

We'd continue to send kids to their current schools - when you have quite a few kids close together in the Catholic system, then most of your kids can almost go for a free ride - well you still have to pay for camp, excursions etc, but the actual 'fees' might stop at 3 kids - but your 3rd child doesn't cost as much as your 1st child as they charge on a sliding scale. If I'd known that, maybe I would have had all my kids closer together so I could have got better value for money. laughing2.gif

#17 Walkers

Posted 15 December 2012 - 05:06 PM

I think it is possible but would be tight. Like others have said it would depend on where they live, mortgage, schooling etc.
We have 8 and couldn't do it on $100k unless we drastically altered our lifestyle.

#18 Azadel

Posted 15 December 2012 - 05:10 PM

Not with the lifestyle I want for my kids. But then we're just having one, so having a large family is not for me anyway.

#19 mitty82

Posted 15 December 2012 - 05:10 PM

mmm at this stage no cos that is what we do and we have 3 and paying off a car and a morgtage and it is tough. yes we do have holidays but nothing fancy. we buy homebrand etc. though i have never thought about cost of children when having them.

children can cost as little or as much as you want them too.

#20 weepingangel

Posted 15 December 2012 - 06:53 PM

I'd say it'd be tight, but not sure what FTB or anything they would get extra?



#21 whydoibother

Posted 15 December 2012 - 06:59 PM

gov would pay me so yeah

#22 Nofliesonme

Posted 15 December 2012 - 07:02 PM

My sister raises 9 on a hell of a lot less. All are 18 and under

#23 melaine

Posted 15 December 2012 - 07:03 PM

QUOTE (pukeko~ponga~tree @ 15/12/2012, 07:53 PM) <{POST_SNAPBACK}>
I'd say it'd be tight, but not sure what FTB or anything they would get extra?


Around $40,000 per year in FTB if the calculator was accurate.



#24 FeralLIfeHacker

Posted 15 December 2012 - 07:12 PM

.

Edited by lifehacker, 26 December 2012 - 02:15 PM.


#25 Guest_bottle~rocket_*

Posted 15 December 2012 - 07:32 PM

OP do you actually know someone who is planning to have 9-10 kids in the space of 15 years?

There would be families with that number of children whose sole income is Centrelink benefits, and their annual income would be much lower than $100,000.  Some large families seem to manage very well on low incomes.





3 user(s) are reading this topic

0 members, 3 guests, 0 anonymous users

 

What you need to know about ovulation tests

Most people who are trying to get pregnant know that the best time to conceive is in the few days after ovulation.

Surviving a miscarriage at sea

A cruise with your family is among the most absurd settings for a miscarriage, but it is certainly not the worst.

Mum of three denied tubal ligation because she's 'too young'

A 22-year-old woman who is pregnant with her third child has had her requests for a tubal ligation denied because doctors believe she is too young.

Slapped cheek syndrome a danger for pregnant women

When a pregnant woman is infected, the likelihood that her foetus will be infected is about 50 per cent.

The signs and symptoms of ovulation

If you're hoping to conceive, one of the most important things you need to know about is ovulation.

We all know 'mum guilt' - but what about 'dad guilt'?

I remember the first time I felt mum guilt, within days of having my first child. The feeling was so intense I rang my own mum to debrief, hoping she'd tell me I wouldn't feel this way very often.

Kristen Bell urges mums to be their own superhero

When it comes to motherhood, actress Kristen Bell is her own superhero and she thinks other mums should be too.

Pram review: GB Pockit travel stroller

In a world of ever-shrinking gadgets, it's no surprise prams are getting smaller. We put the record-holding GB Pockit through its paces.

The beautiful Bombol Bouncer is back

The gorgeous Bombol Bouncer is back - and boasts two chic new colours to boot.

Gadgets and accessories for wine lovers

Looking for a gift for the wine lover in your life - or just something for yourself?

Free ticket offer

Pinky Mckay joins us again at the Essential Baby & Toddler Show presented by Blackmores with her expert baby settling advice. Register now for your free ticket.

The adventure doesn't have to stop: here's how to travel with baby

The best part about our outdoor adventures? It makes my husband and I better parents, since we're happier while adventuring.

Woman crashes car to save mum and baby's life

A good samaritan saved a mother and baby from being seriously injured by crashing her own car into theirs.

Should you tell your boss about your postnatal depression?

Returning to work after having a baby can be daunting, and when you're experiencing postnatal depression or anxiety it can seem even more overwhelming.

TV noise can slow toddler word learning, study finds

Background noise from the radio or TV might be making it harder for your toddler to learn learn new words.

Teresa Palmer on her molar pregnancy and 'unsexy' conception

Teresa Palmer is basking in pregnancy glow as she awaits the arrival of her new baby.

 
Advertisement
 

Top 5 Articles

Advertisement
 
 
 

What's hot on EB

Why drinking water can be deadly for babies

H2O is one of the necessities of life, but for babies a seemingly harmless amount of water can be fatal.

5 ways having a baby is different when you have older children

So much parenting advice is geared towards having your first baby, but what's it like having a baby when you already have children?

You can now make your own plush Falkor

Fans of The NeverEnding Story – of which there are certainly plenty – went crazy for these plush Falkors when they first went on sale last year.

Baby steps

10 things that will actually happen after having a baby

I thought I had prepared myself for motherhood. Then my baby girl arrived and knocked everything flat.

Having a baby: expectations vs reality

People love to warn you about what to expect when having a baby, but they can be way off when it comes to the reality.

Are we having fun yet? Thinking positively as a parent

Motherhood is wonderful ... except when it sucks.

The adorable smile of a baby seeing his mum clearly for the first time

There is no doubt seeing their child smile for the first time is an unforgettable moment for parents everywhere.

When breastfeeding doesn't go with the flow

Breast is best, except when it's not. And in our case, it most definitely wasn't.

'If you don't vaccinate your kids you're a bloody idiot'

The photos are heartbreaking and almost too difficult to look at, but Kayley Burke is begging other parents to take notice.

Why pregnant women should eat chocolate

In news that will make expectant mums jump for joy - and reach for a block of Cadbury - scientists have revealed chocolate could provide health benefits during pregnancy.

The baby born with an incredible head of hair

If you're in any way challenged in the follicle department, prepare to feel a jolt of envy - at a two-month-old baby.

The push for Medicare to fund lactation consultants

While meeting with a lactation consultant can make an enormous difference to a new mother, it's not a service that is available through the public health system.

Parents, this is how to cut grapes to avoid choking

One mum has learnt a harrowing lesson about the best way to cut grapes to make it safe for toddlers and little kids to eat.

Three truths about C-section mums

Lately I've been thinking about the caesarean stories and the brave women who birth their children with strength and beauty.

Help! My baby will only sleep in my arms

It's stressful to be the one who is holding your baby most of the day, but it's even more stressful to wonder, 'am I doing something wrong? Or am I creating bad habits?'

 

ENTER NOW

Essential Baby & Toddler Show - Sydney

The Essential Baby & Toddler Show, presented by Blackmores, will be held in Sydney on 23-25 September. Register for your free ticket now to save $20!

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.