Having children has an important impact on the family's economy, especially if you are raising 1, 2 or 3 children. In the following article, we will focus on the impact of having 1, 2, or 3 children on the family's economy.
| Cost items | Raising 1 child | Raised 2 children | Raised 3 children |
| diet | 2,500-4,000/year | 4,000-7,000/year | 6,000-10,000/year |
| housing | 10,000-20,000/year | 12,000-25,000/year | 15,000-30,000/year |
| tuition | 0-30,000/year | 0-60,000/year | 0-90,000/year |
| Medical/Insurance | 1,500-3,000/year | 3,000-6,000/year | 4,500-9,000/year |
| Toys/entertainment | 500-1,500/year | 1,000-2,500/year | 1,500-4,000/year |
| Clothing/shoes and hats | 1,000-2,500/year | 2,000-5,000/year | 3,000-7,500/year |
| Transportation/Tourism | 1,000-2,500/year | 2,000-5,000/year | 3,000-7,500/year |
| Pocket money/extracurricular activities | 1,000-2,500/year | 2,000-5,000/year | 3,000-7,500/year |
| Total cost | 17,500-36,000/year | 28,000-65,000/year | 36,000-75,000/year |
In addition to this, raising a different number of children presents different challenges for parents and the whole family. Here are some comparisons of raising 1, 2 and 3 children:
Raising 1 child:
- It is easier to focus on a child's needs and development.
- Parents can more easily manage daily tasks and activities, such as building daily schedules, shopping, social activities, and more.
- Parents can focus more time and energy on their careers and hobbies.
Raising 2 children:
- Parents need to balance the needs and development of both children.
- Parents need to better coordinate family schedules, such as arranging family gatherings, class schedules, outdoor activities, and more.
- Siblings can play, learn and share with each other to build close relationships.
Raising 3 children:
- Parents need more time and effort to meet the needs and development of their three children.
- Parents need to better organize family schedules, such as organizing hobby activities, school activities, social activities, and more.
- Siblings can build closer relationships and support and care for each other in life.
In general, the process of raising a child requires not only the efforts of parents, but also mutual support and cooperation between family members. No matter how many children there are, parents need to maintain their physical and mental health and life balance while focusing on their growth and development.