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How does the "🍼 The Early Years" event work?
How does the "🍼 The Early Years" event work?

Overview of how The Early Years works

Cameron Drury avatar
Written by Cameron Drury
Updated over a month ago

Overview

The Early Years event is a Recurring Cost event, which means the budgeted amount will be added as an expense (which increases at inflation) in from the year that the event has been added to for a set duration of 5 years to cover the costs of raising a child from birth until they start primary school

This event covers the general costs of raising a young child, including essentials like nappies, baby food, clothing, medical check-ups, and general day-to-day expenses.

What to factor in:

  • Nappies, formula, and baby food

  • Clothing and toys

  • Healthcare and medical costs (check-ups, vaccinations)

πŸ’‘ Important: This event does not include childcare costs, as Canwi has a separate Start Childcare event. However, users may choose to factor childcare costs into this event if they prefer.

Event Options

Budget

You can use the slider to select how much you're planning to spend on annually on a child in the early years or input a number in the field above the slider if you want to budget outside the default range for the event (0-50k)

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