DeepThinker
Registered User
- Messages
- 12
Well we have 2 its 6k a year total for registration. They work part time for " pocket money " but we cover the rest so I'd budget €5k each if they aren't working part time €4k if they manage to get a few bob .Roughly how much per year do people budget for college years for children? Assuming that they will be living at home?
Sorry should have said ....that's extra onto who much they already cost, clothes, teeth, etc.Well we have 2 its 6k a year total for registration. They work part time for " pocket money " but we cover the rest so I'd budget €5k each if they aren't working part time €4k if they manage to get a few bob .
Now our daughter is hoping to do a Erasmus this year, she wants to go to the University of Sydney, why ? God knows but if that happens it'll be significant, even if she decides to do one in Europe its 10k min.
Not all do that of course but as another poster said it can be bottomless or at least feel that way.
Great thread, in similar situation. Hopefully the replys are plenty as it's the lifestyle changes for her is going to be the issue for us I think.
I got sick and haven't worked full time in years, I occupy my day, gardening, cooking walking the dog, having a pint on occasion. She travels internationally now and is loving it at 55 she has not no intention to stop, eventhough we are planning financially pension funds are growing quickly
I was hoping she'd pack in at 60 and then consult and lecture, she's well known in her field globally, but her employers pension contributions are very generous and she wants to maximize that. Her mother is 90 and longevity is a family trait .
It will be interesting so read the replies and hear different views
I'm not holding a gun to her head, and as we said she loves it, But there is always the opposite argument that life is for living, which she pines for on occasion too.If she loves it, why quit? If you are in a lucky position to love your job, then you shouldn't be forced to retire at the retirement age. It is just the case that not many people are lucky enough to truely love their job.
I would say Lecturing could be even more of a time commitment than her regular job.
Thanks. So 2 children 30 to 40k! OuchWell we have 2 its 6k a year total for registration. They work part time for " pocket money " but we cover the rest so I'd budget €5k each if they aren't working part time €4k if they manage to get a few bob .
Now our daughter is hoping to do a Erasmus this year, she wants to go to the University of Sydney, why ? God knows but if that happens it'll be significant, even if she decides to do one in Europe its 10k min.
Not all do that of course but as another poster said it can be bottomless or at least feel that way.
Over 3/4 years then theres the Masters and PhD....Thanks. So 2 children 30 to 40k! Ouch
Ok. We’ve a way to go so.Over 3/4 years then theres the Masters and PhD....and the real "ouch" no tax relief.
Registration fee isn't tax deductible anything over is.....20% relief on 3rd level fees when 2 kids are going together in the same year. Not a whole lot and should be on each child.
Noted. Think I’m better off assuming no tax allowance in my pension planning projections.Sorry, 20% relief applies to one of the two that are in 3rd level at the same time.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?