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How Much Does One Need To Cover A Back To School Expenses In This Economy - Education - Nairaland

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How Much Does One Need To Cover A Back To School Expenses In This Economy by Abiodunspectre(op): 9:24am On Sep 24, 2024
As the new academic year begins, parents are faced with a daunting task of covering back to school expenses in the midst of the harsh economic conditions and increases in the amount of school fees.

The question on everyone's mind is how much does one need to ensure their child has a successful and stress free back to school?

Your opinions are highly welcome.

Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Sharingiscaring:
I think we need to change how we do things. There are many easier ways to make your kids learn better while paying less. If school becomes too costly, look for a cheaper digital option.

For example, we run a video subscription service for kid's learning. With only ₦100/day, your child has access to a lot of learning materials. And you can stop the subscription at any time.

Just get someone to be guiding them at home. Expose them to these videos and see them do far better than those going to school.

But for now, this is only for MTN subscribers. If you need this, Whatsapp your MTN number to 07061615518.

Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Franktom247(m): 10:21am On Sep 24, 2024
Depends Sha on if it's
Primary school
Secondary school
Or Uni (this one is block)
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by 0xAaron: 10:22am On Sep 24, 2024
Nothing less than 100k Sha. To be honest
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Nuelng: 10:23am On Sep 24, 2024
Now wey everything don cost anyhow, even school fees is something else
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by KingUka: 10:23am On Sep 24, 2024
LOL I don't think any good school in Lagos charges 100k fees again o. For secondary school. You should be thinking 200k +

0xAaron:
Nothing less than 100k Sha. To be honest
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Jayjerjay: 10:25am On Sep 24, 2024
KingUka:
LOL I don't think any good school in Lagos charges 100k fees again o. For secondary school. You should be thinking 200k +
Lagos where fees alone is above 200k, as an upcoming parent, I just dey pray for my future I swear
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by MilkyGalaxy88: 10:27am On Sep 24, 2024
Franktom247:
Depends Sha on if it's
Primary school
Secondary school
Or Uni (this one is block)
omoo as a uni student we're talking almost 100k o if not more
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by AyodejiFelix(m): 10:28am On Sep 24, 2024
With the current situation of things in the Country, parents just have to buckle down. School fees have been reviewed across board. May God meet our needs
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Mimiko3: 10:29am On Sep 24, 2024
MilkyGalaxy88:
omoo as a uni student we're talking almost 100k o if not more
Uni student, 100k?
You dey whine?
In this Nigeria, to dey think this thing sef dey give me ptsd
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by OladapoF(m): 10:30am On Sep 24, 2024
The amount to be budgeted is dependent on the standard of your Children's school.
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by graceyJ1: 10:30am On Sep 24, 2024
The way these private school for kids are now expensive ehhnn, let's not even talk about other expenses
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Suresplendor: 10:34am On Sep 24, 2024
For a primary or secondary school student in this economy we should be talking about more than 200k to cover everything!!
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by EinsteinAyo(m): 10:36am On Sep 24, 2024
It all depends on the school. Just visit your child's school to make enquiries. This will give you insight into the amount that will be enough
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Iyeeshaar(f): 10:37am On Sep 24, 2024
KingUka:
LOL I don't think any good school in Lagos charges 100k fees again o. For secondary school. You should be thinking 200k +
It’s really sad because the present economy is not friendly,and this 200+ is still not for the best of schools o
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by 7thcodebreaker: 10:43am On Sep 24, 2024
In Nigeria of today ehnnn
Omooo without considering school fees oo, you need about 100k 🥲🥲
If it's a boarding school, you need twice of that 🥲🥲
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by 7thcodebreaker: 10:44am On Sep 24, 2024
Iyeeshaar:
It’s really sad because the present economy is not friendly,and this 200+ is still not for the best of schools o
Do you gethuh Like not for the best of schools oo. God abeg 🥲
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by 7thcodebreaker: 10:45am On Sep 24, 2024
EinsteinAyo:
It all depends on the school. Just visit your child's school to make enquiries. This will give you insight into the amount that will be enough
What of other miscellaneous?? Like school bag, lunch boxes and the likes and even snacks and all??
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Heisephraim: 10:48am On Sep 24, 2024
Depending on the type of school, for an high class school, with school fees and all, you'll prolly be spending close to a million.
For middle class, prolly about half the price
And for lower class, prolly about 100k or 150k shaa....

That's a lottttt
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Heisephraim: 10:50am On Sep 24, 2024
graceyJ1:
The way these private school for kids are now expensive ehhnn, let's not even talk about other expenses
Some kindergarten and playgroup too dey do
I saw one for close to 1m, for child wey never sabi ABC 😂😂
That's just wild.
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Heisephraim: 10:51am On Sep 24, 2024
OladapoF:
The amount to be budgeted is dependent on the standard of your Children's school.
My thoughts exactly!!
The amount you'll spend if your child attends a public school (no shades at all) cannot be the same if the child attends a high end private school.
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by LordIsaac(m): 10:55am On Sep 24, 2024
Suresplendor:
For a primary or secondary school student in this economy we should be talking about more than 200k to cover everything!!
Family planning is good!
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Iamephraim: 10:55am On Sep 24, 2024
Franktom247:
Depends Sha on if it's
Primary school
Secondary school
Or Uni (this one is block)
Block?? 😂😂
The fact that a lot of people didn't even think about Uni too. University's back to school money is always so high, especially if it's a private university.
Foodstuffs too will be considered......
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Iamephraim: 10:56am On Sep 24, 2024
LordIsaac:
Family planning is good!
This has got to be the funniest thing I've seen today 😂😂😂😂
Family planning will save you a lot of stress and unnecessary expenses 😂😂
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Ayeesha454(f): 10:57am On Sep 24, 2024
MilkyGalaxy88:
omoo as a uni student we're talking almost 100k o if not more
Almost??
It’s definitely over 100k for a university student o
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Iamephraim: 10:58am On Sep 24, 2024
All I can say is Omoooo

Just be ready to have Highblood pressure due to increased heart rate as you keep receiving constant debit alerts for back to school 😅😅
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by LordIsaac(m): 11:36am On Sep 24, 2024
Iamephraim:
This has got to be the funniest thing I've seen today 😂😂😂😂
Family planning will save you a lot of stress and unnecessary expenses 😂😂
Exactly....I actually marvel about the rationale behind having more than two children. Even the second should be by mistake.
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Ezeifeduba: 11:44am On Sep 24, 2024
Well we have to understand that things are not how they used to be.

Hence we should learn to cut our cloaks according to our size these days
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Ezeifeduba: 11:45am On Sep 24, 2024
It's not bad to plan your expenses and follow it. Not allowing people's show offs to influence you or intimidate you to overspend your budget
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Sharingiscaring: 11:45am On Sep 24, 2024
7thcodebreaker:
What of other miscellaneous?? Like school bag, lunch boxes and the likes and even snacks and all??
All these are the reasons people go into crime these days. But no one seems to talk about the underlying causes of crime.
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by Ezeifeduba: 2:32pm On Sep 24, 2024
LordIsaac:
Exactly....I actually marvel about the rationale behind having more than two children. Even the second should be by mistake.
Aaaaaaahhhhhh 😂😹. Comrade no nau. Second child is actually okay by me. The main thing is planning. If you plan well, you'll be fine with your kids
Re: How Much Does One Need To Cover A Back To School Expenses In This Economy by LordIsaac(m): 3:02pm On Sep 24, 2024
Ezeifeduba:
Aaaaaaahhhhhh 😂😹. Comrade no nau. Second child is actually okay by me. The main thing is planning. If you plan well, you'll be fine with your kids
Imagine that you live in Ikeja, and your kids attend a good school. You have to factor in rent, fees, hospital (mosquitoes +women issues), electricity, church, etc. All I'm saying is, except you are super comfortable, one is ok. If you give the child a good life and proper training, the child may give you two grankids that you may leave inheritance for. grin
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