8 reasons parenting is more expensive

Parents are spending more on their children than ever before. But it's not just because prices are higher.

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153Comments
Aug 6, 2013 12:12AM
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Parenting costs have gone up because of all the crap kids "need" nowadays - phones, iPods, video games, etc.  Because of the economy, parents are working longer hours and trying to compensate by buying their kids expensive things.  There are "mommy wars" - who is throwing the best first birthday party, who signed their kids up for every crazy class, tutoring, private schools, etc...It's ridiculous!  Kids don't need all this crap!  Kids need love from their parents.  I didn't have everything I wanted growing up and I'm a better person because of it.  As a teacher, parents give their kids way too much and the kids expect the world to revolve around them.  Have more experiences with your kids - make a scrapbook, take funny pictures, go to a museum, go to the beach, volunteer at an animal or homeless shelter.  Kids will remember the experiences more than the stuff.
Aug 6, 2013 7:13AM
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Kids dont need iphones and all the crap that goes along with it.  It cost not 1 penny more to raise a child then it ever has, some parents are stupid. Like my neighbor who just bought his 16 yr old a 50,000 car. really? 

 

I bought a set of new brakes for 60 bucks and  taught my son how to put them on, he is 10.

 

What happened to values and morals, or just the quality of life?  dont get me wrong we have gadgets like everyone else.....but these are earned not jut given.  The problem is parents dont know how to parent .

 

I feel very blessed for the parents and grandparents that i had. Our parents worked sometimes more then they were home. Dad worked so we could have a home, food, clothing, all of it. We undestood and were not bought off becase he felt bad, it was what you did when you had a family.

There is nothing better than a bundle of branches some marshmellows and a campfire.

 

We dont text we talk, This new age of phones, computers, video games, and all 24/7 is just sickining. We know the teachers and volenteer in the community,

 

But you know i was blessed: i live in a small town, wonderfull parents, a close family and freinds. were a middle class family but not struggling like i hear so many do.

 

its not the children that take the money, its the parents who dont know any other way to parent.

Aug 10, 2013 8:42AM
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My kids share bedrooms  (3 girls in one room and 3 boys in another).  And they learn how to handle irritating quirks from people that they love (good training for marriage).  No one has a cell phone besides mom and dad, though we've added a 3rd one for the house and to take with them if they are out...since pay phones have disappeared.  They don't get something every time they want it.  Commercials on TV (no cable) are merely entertainment, not suggestions.   We have a Wii, which is used by permission.  They don't have free grazing rights in the kitchen...eating is by permission.  They don't earn an allowance but can ask for jobs specifically for earning money.  They rarely take us up on it.  We go out to eat about 3-4 times a month, which is our biggest extra expense.  We use time and money that would be spent on organized sports to spend time together.  We rent movies or use Netflix rather than go to the theater.  Most of our movies at home are still VHS.  There is time out for misbehavior.  We have fighting and talking back and we get punished for it and move on.  Most people would say we are depriving our children.  Those same people are the ones that come up to us in the restaurant or store, etc and remark how well behaved our family is.  Some things are necessary expenses: clothes, education, and medical care, etc.  But some things are confusing parents these days and taking a spot in the necessities when they are really just extras.
Aug 6, 2013 1:59PM
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The statistics in this article are total joke. $1 million to raise a child? I've got 3, so I guess it's going to cost me $3 million? I've run my calculations, and I probably won't have earned $3 million gross in the time it took to raise them and see them through college.

Over $1,000 for prom, over $100 for a baseball glove, private batting lessons? 

I guess when you have nothing interesting or newsworthy, just pull numbers out of your @$- $!
Aug 10, 2013 9:52AM
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I am a bad parent...we live very nicely due to hard work and do not have a laptop for my 17 year old or 12 year old...or a ITouch, or a cell phone or a anything...they asked for items at Christmas and birthdays and broke and lost them or worse abused them by posting inappropriate things or doing things they shouldn't...I get from parents all the time "Thats horrible your 17 year old has no computer! Or cell!"...Really? Well she'll have to work for that...sorry...I did for other stuff I wanted when I was her age...at 17 you SHOULD be working not be handed $...As for cell...By the way having not all these electronics makes them happier...they have down time to do that really old fashion thing call reading and talking to friends on our home phone or GASP even see them in person...
Aug 6, 2013 9:20AM
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198$ for 90 days worth of gas?? what are they driving a mopeds?
Aug 6, 2013 9:55AM
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To the people that have their house paid off at age 50.  Enjoy the silence.  My three kids have brought me such joy.  Watching our son hit a home run, our daughters graduating college and getting married.  money isn't everything.  Live within your means.  You don't need a mansion and fancy expensive car.  Of course life is expensive.  I've lost both parents now and am so glad I had siblings to help with all of that.  Who do you have in your old age when you are all alone and sick. 
Aug 10, 2013 7:58AM
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Once upon a time, parents made wise choices on behalf of their children and spent quality time doing fun things them but now, children, Wall Street and the technology industry force parents into making choices and there are a zillion suckers falling for it.

 

Get back to good parenting skills and stop trying to buy your kids happiness with every new device that comes out on the market because you are only turning them into robots with adverse social skills.  Love them, teach them, lead them, enrich them.

Aug 10, 2013 7:37AM
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Kids dont' need a that stuff - they need time to play and time to "waste."   People program their kids to be doing something every waking second of the day.   Kids are stressed beyond belief today.  No down time.  Let them BE kids.  Nothing wrong with canned vegetables.  Canned and frozen are processed immediately after harvest - keep more nutrients than "fresh" you buy in the produce section.    People have been raising kids for thousand of years, now suddenly these parents want to make into a big complicated profression.  
Aug 10, 2013 8:23AM
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Is the purpose of this article to discourage people from having children, or to make people with children feel they're not doing enough because they cannot live up to these absurd and unrealistic standards?  Either view is self-perpetuating and self-defeating.   The simpler answer is this:  Don't give in and give your child every stupid entitlement the advertisers on Madison Avenue insist they need to be worthy humans.   They don't need electronic devices, (unless they can find a way to pay for them themselves), they don't need fancy cars, they don't need $100 baseball gloves, they don't need expensive birthday parties or break-the-bank prom dresses or a constant stream of stuff coming at them.  More than anything in the world our children need our time and love and energy... Which are the very things we will not be giving them if we live to earn the money to give them the "stuff" we're being told they must have.   Don't give in.  All the material goods in the world, including the private schools and special batting lessons, just create creepy people.    I speak as the mother of six extraordinary kids, ages 30 down to 18 months, who have been accomplishing the most amazing and wonderful lives in the world, and we've done most of it on a shoestring budget.
Aug 6, 2013 9:22AM
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you cant put a price tag on youre memories of raising youre kids weather you struggle or not enjoy their beauty and their early years 
Aug 10, 2013 6:27AM
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The #1 reason the cost is more is the same reason EVERYTHING cost more with each passing day. That being the Federal (although federal in name only) Reserve printing money out of thin air and causing rampant inflation. Silently, quietly and illegally robbing everyone. WAKE UP PEOPLE!
Aug 19, 2013 12:57PM
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We waited to have kids until we could live comfortably on one income.  We saved and worked and worked and saved.  My husband went back to school and got an MBA during that time, in order to increase his earning potential.  (He still kept his full-time job while in school.)   Those years made us strong in terms of how we handle our money.  Our kids don't have cell phones.  We have one family computer that everyone uses.  Our kids play outside and read actual books.  We shop sales and use coupons.  And I get to be a stay at home mom.  Being a mom in my 50's has it's perks, too.  I am calmer than many younger moms.  Our 20+ year marriage is very stable and healthy.  Strong marriages make strong families.  We prioritize weekends as family time and our kids love it when we are all together.  For vacations, we go camping.  Our life is very rich and wonderful.  Living a life that is disciplined definitely has its rewards.  And our kids are learning that lesson, too.
Oct 25, 2013 9:28PM
Aug 10, 2013 10:52AM
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Cripes, a third grader does not need a cell phone.  Kids can share a computer that is in a public space in the house (so you can see what they're doing) to do homework until they are in high school, at least.  You don't need to spend all that money on the car, insurance, etc.  Let a teenager get a job and help out.  Younger kids can help out around the house and "earn" money for things they want--teaches them delayed gratification.  And for God's sake, they NEED unstructured playtime. 

Help kids learn about money by being frugal yourself and teaching them to manage their finances.  Set a good example by managing your own.  By the way, frozen vegetables are cheap, better than canned, and you don't need to eat out every night.  You can't do anything about the price of housing and gas, but there are lots of ways to mitigate the other costs a bit. 
Aug 10, 2013 5:21AM
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how do you expect your kid's to grow up and, be adults if you are not yet an adult your self? children are like looking at a mirror's reflection due to this age old saying "monkey see, monkey do!"
Aug 10, 2013 12:35PM
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you want to save tons of money.  do just the same as i do with my little daughter, 3 simple words:

OH HELLLLLL NO!!

Aug 10, 2013 1:33PM
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Whatever happened to families staying home.  Every parent I know is constantly on the move.  Their kids are always in a ridiculous amount of activities.  Why do kids need every electronic toy in the existence. 

 

Yes many costs have gone up, but most of it is stupid parenting.  We've gone from raising children to keeping up with Jonse's.

Aug 6, 2013 8:01AM
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My wife is expecting our first child in a few months and I thought I would become scared when I saw this list.... however, not so much:

1) Housing:  Been living in a 4 bedroom house that I built myself 7 years ago..... That will hopefully be paid off soon.  Spending Increase $0.
2) Food:  We mostly make our own meals and only go out maybe once or twice a month.  We don't shop at Whole Paycheck and share a garden with my parents.  Spending increase ???
3)Transportation: Company went out of business 15 months ago.  Now I work at home as a consultant.  I was spending $80/week on gas so I call BS with their $198 amount.  Spending increase ???
4)Healthcare:  Been on a family plan since my company closed.  Will have to increase spending for copays.  I can't see copays being too much of a budget.  Spending increase <$500
5) Activities:  This kid is going to learn to work not play.  Spending increase < $500
6) Technology:  I already have cable and internet, I spend money on video games (I know, pretty sad) and if they would like a cell phone maybe we would go with a prepaid plan.  Spending increase $50.00/month
7)Child Care: Grandma wants a child really, really, really, really bad.  Spending increase $0
8) College: Not worrying about this yet..... it's a long way off.  I'll figure it out (see #1).

I guess this list isn't that scary after all.  Most of the costs I have already taken on my shoulders.

I know this scenario is very different from most.  I have been very fortunate to this point in my life.  I'm sure it has more to do with luck than skill. 

Aug 10, 2013 10:41AM
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Mortorcycle Dude: To the people that have their house paid off at age 50. Enjoy the silence. My three kids have brought me such joy. Watching our son hit a home run, our daughters graduating college and getting married. money isn't everything. Live within your means. You don't need a mansion and fancy expensive car. Of course life is expensive. I've lost both parents now and am so glad I had siblings to help with all of that. Who do you have in your old age when you are all alone and sick.

 

Get a backbone ...... Perhaps they unlike you have the strength to stand by themselves and don't NEED anybody .....  try it some time .... mighty rewarding ...

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