I will have 2 children who will cost approx $1200-1500 per month in daycare fees when both f/t next year. DS1 will be 2.5 and DS2 will be 1.
My question is how much will I save (if any) when they start primary school?
I'm planning public for primary, but private for secondary if I can afford it. Which is part of the reason I need to get prepared financially now and work out what type of mortgage I can afford on my own while trying to save for their future school costs.
So I guess my point is if I get to save about $1k per month in daycare fees when they start school, that could be put away for their education fund and I potentially could afford to stay where I am instead of selling. If that makes sense at all!!
ETA - I have to settle or sell my current house by end of the year (to settle with exDH).