Most people think that homeschooling is cheap since there is no need to pay for school fees and other miscellaneous fees. However, that is further than the truth.
In truth, homeschooling expenses can be greater than if you send your child to a regular public school. Public schools are partially funded by government funding whereas for homeschooling, there is no such funding available from the government. There are several non profit and support groups who do fund homeschooling but usually it is on a case by case basis.
Let’s look at some of the costs involved when homeschooling. Obviously, you still need to buy or acquire textbooks, course materials, study aids etc. Secondly, you need furniture. Examples are tables, chairs, lighting, computer equipment etc. Thirdly, include accessories such as pens, erasers and paper. Lastly, as your child progresses into higher grades, you may not be able to teach your child. As such you may need to hire a tutor which can be costly. Lastly, you should also consider any other curriculum such as dancing, piano lessons etc as these do cost quite a lot over the long run.
Also, you should also not discount the fact that one of the parents will probably not be working due to homeschooling. That means a loss of household income for the family.
These are just some of the costs associated with homeschooling. The reality of homeschooling is while it can be a good form of education for your children, you should consider the cost of homeschooling very seriously. Homeschooling is a serious commitment in both time and money. Make sure you plan ahead before proceeding.
Ricky Lim is the founder of http://www.homeschooling-guide.info where he regularly write homeschooling articles to help educators and parents. Visit his site for more Home Schooling Resources, Tips and Information