To a large extent, the cost of homeschooling is similar to all lifestyle choices.
The amount you spend comes down to your own priorities, how much you want to spend and how tight your overall budget is.
My son William’s drawing of a fancy rocket-propelled car illustrates the point beautifully.
Who wouldn’t want to own a car like that?
Our real version has done over 100,000 miles, is 12 years old and has lichen growing round the window seals. But we still get reliably from A to B.
So far anyway!
What more do you need?
And that's a very important point.
There are plenty of brilliant free on-line homeschooling resources for you to use to teach your child right through high school.
To prove the point, this infographic features the best free educational websites so you can see for yourself that teaching your child at home doesn't have to cost much - and is also far more effective and successful.
If you look at the research into homeschooling, you’ll see something fascinating.
So you don't have to spend loads to make sure your child does well at home.
To a large extent, the homeschooling cost is as little or as much as you like.
And, of course, you don't have to pay all the bills you would if your child went to school like school supplies, field trips, special programs or other "extras."
Nonetheless, you need to know which bills are the ones you can’t escape.
And there is one inescapable budgetary deficit.
My husband Rob and I are living on one income.
Most homeschool parents choose to have one person at home with the children, though obviously that could be both partners working part-time.
However, that just goes to prove you can homeschool on a low income because thousands of people are doing it already.
These are the basics you can’t escape:
In addition, in the UK one essential cost you’ll face is if you decide to enter your child for High School exams (GCSE, IGCSE, A/As, Open University etc.)
You also have to pay the exam centre, which costs on average £40 per exam.
The UK money website has more info here.
These will vary according to how you choose to homeschool:
Finally, there’s the cost all parents incur to a greater or lesser degree:
I would add: the cost for a family pet – but maybe that’s just me!
Seriously, though, in the US:
Recent statistics show that:
You can see some tips for cutting the cost of homeschooling here.
All in all you can keep the cost of homeschooling very low and there are ways to make it affordable.
Click on the picture to go to the page: