For Parents – Here’s How You Can Budget For Childcare Fees In Singapore

Childcare Fees In Singapore

Childcare fees can be a significant financial consideration for parents in Singapore. As the cost of living continues to rise, it becomes essential to plan and budget for childcare expenses effectively. By adopting smart financial strategies, parents can ensure that their children receive quality care without straining their finances. In this article, we present seven practical ways for parents to budget for childcare fees in Singapore.

1) Research and Compare Childcare Options

Before settling on a childcare centre, research and compare the preschool fees in Singapore charged by different providers. Look for centres that offer quality care at reasonable rates. While cost is an important factor, ensure that you consider the reputation, curriculum, and facilities provided by each centre to make an informed decision.

2) Evaluate Your Family Budget

Take a comprehensive look at your family budget and identify areas where you can make adjustments to accommodate child care expenses. Consider cutting back on non-essential expenses such as dining out or entertainment, and redirect those funds toward childcare fees. By reevaluating your budget, you can identify potential savings opportunities.

3) Explore Government Subsidies and Grants

In Singapore, the government provides various subsidies and grants to support families in managing childcare costs. Familiarise yourself with the available schemes, such as the Basic and Additional Subsidies, the Working Mother’s Child Relief, and the Child Development Account. Determine if you qualify for these programs and make the necessary applications to alleviate the financial burden.

4) Flexible Work Arrangements

Discuss flexible work arrangements with your employer, such as telecommuting or flexible working hours. This can help reduce the need for full-time childcare and potentially lower your overall childcare expenses. Negotiate with your employer to find a balance that allows you to spend quality time with your child while managing your work commitments effectively.

5) Seek Assistance from Family and Friends

Consider reaching out to trusted family members or friends who may be willing to help care for your child. Sharing childcare responsibilities with loved ones can significantly reduce your expenses. However, be mindful of creating a mutually beneficial arrangement and ensure that your child’s well-being remains a top priority. With this, you can pay for the preschool fees with assistance.

6) Plan for the Long Term

When budgeting for childcare fees, it is essential to consider the long-term implications. Look into your child’s educational journey and factor in future expenses, such as preschool or primary school fees. By planning ahead and setting aside funds early, you can gradually build a financial buffer to manage future childcare and education costs.

7) Establish an Emergency Fund

Unforeseen circumstances can often disrupt your financial plans. To safeguard against unexpected events, establish an emergency fund specifically designated for childcare expenses. Set aside a portion of your income each month to build a financial safety net. This fund will provide peace of mind and ensure that you can manage any unexpected financial challenges that may arise.

preschool fees Singapore


Managing childcare fees in Singapore requires careful planning and budgeting. By implementing these seven practical strategies, parents can ease the financial strain associated with childcare expenses. Remember to research and compare options, explore government subsidies, evaluate your family budget, consider flexible work arrangements, seek help from family and friends, plan for the long term, and establish an emergency fund. With a well-thought-out budgeting approach, you can provide your child with quality care while maintaining your financial stability.

Start implementing these budgeting strategies today to better manage your childcare expenses in Singapore. By being proactive and financially prepared, you can ensure that your child receives the care they deserve without compromising your financial well-being. Take control of your finances and provide your child with a nurturing environment for their growth and development.

Once you’re ready, you can enrol your child in E-Bridge Pre-School. You can visit their website to learn more about preschool fees in Singapore. 

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