Child support
 

  You don't need to be an 'investor' to invest in Singletrack: 6 days left: 95% of target - Find out more

Child support

2 Posts
2 Users
0 Reactions
114 Views
Posts: 1497
Full Member
Topic starter
 

Quick question about child support.

My eldest is off to Uni so I'm now paying for three kids instead of four. When i check the calculator for the new payments I probably naively thought this would drop roughly 25% a month but in fact has only dropped 9%.

wages etc haven't changed much at all since i checked last year. In fact when i add the eldest (doesn't ask for age just added a 4th) to the calculation to add a 4th kid i get roughly the same monthly cost as 3

Does this sound right enough?


 
Posted : 15/08/2024 8:03 pm
 5lab
Posts: 7921
Free Member
 

Isn't the calculation something like X for the first kid, .6X for the second and .2X per kid after that? Might explain it


 
Posted : 15/08/2024 9:58 pm
Posts: 1497
Full Member
Topic starter
 

That might but it doesn't explain how the calculator says id be paying less for 4 kids than I would for 3.

I'm tired but i cant see how this works


 
Posted : 15/08/2024 10:14 pm

6 DAYS LEFT
We are currently at 95% of our target!