Why it costs so much to raise a kid
The typical middle-income family will spend $235,000 raising a child to age 17. Here are some of the ways that cost adds up.
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I am raising four children in a pricey part of the country and I am sorry, these costs are really exaggerated. 2,700 diapers per year is 8 per day. No one changes that many times after the first month. Spanish for a 2 year-old. Really? I know a whole lot of kids in speech therapy or occupational therapy. Parents don't pay a penny of that. It's all covered by the government when they are little, the school once they get older. A local Pre-K is $1500 a school year, not $15,000, but many moms (including myself) run co-ops where the moms take turns teaching and it's nearly free. (And all my kids ended up in the gifted program at school, so no, it doesn't hurt them academically.) $100 for food for two days? I spend $650 a month for a family of six and that's with lots of fresh fruits and veggies, organic milk, etc. Just looked into driver's ed. It's $350, not $500, and why can't the kid babysit or mow lawns until they come up with that?
My only concession is the computer. They are right that much of the homework requires one with internet access. In my 6th grader's algebra class, she needs to borrow my smartphone to check the answers because the teacher uses QR codes. A single parent who works all hours and doesn't have reliable transportation can't take a kid to the library every night to do their homework. But understanding computer technology in this century is as vital to a successful career as reading and writing, knowing how to use a telephone or drive a car was in the last one. But it creates a greater divide between the haves and the have nots.
Nice chuckle for the day though!
You save a lot of money once the kid gets old enough for the state sponsored day care centers K-12 school.
I laugh at all of these parents who have their kids in gymnastics, dance, soccer, music, chess and whatever other extra activities for any kid under the age of 9, especially when they have them in multiple at a time. It's a waste of money as nearly every single kid will grow out of those interests by their teens or will have never liked doing any of them but the PARENT thinks their kid is the most special talented wonder of the world and we have to have them in these classes so they will become a superstar when in fact the kids are average at best. Quit helicopter parenting around your kid and let them be kids. There's nothing wrong with introducing them to all of these sports/hobbies at a young age but let THEM decide if they want to pursue those later on then you can encourage and get them lessons. I see it all the time where a kid CLEARLY does not want to be out on the field and you see them halftailing it around while the parent is screaming at the kid to do this and do that and do this faster....ect.
So, now I can better understand why the 1/3 of the population on min wage or close to it (16 -20 K a year) has to rob a bank once in a while.
Once again, MSN is talking to those 1 % of the population, those who were born rich and does not have a 240 K college debt, and a new house with a 50 K + prop tax a year mortgage---This story is so far out that we aught to have someone there go back to actual school, and take an actual ,trip around this entire country a few hundred times like I have, instead of dreamer schools!!
Bull on this whole article, I have two children in sports the attend the local ymca and I pay for T-ball for a season $12.00 for my five year old boy and $30.00 for my 15year old daughter, the cost has not gone up or changed since my daughter has been five.
I go to thrift sales for toys, used clothes..........NO CHILD NEEDS BRAND NEW CLOTHES EVERY YEAR!!!!. A child does not need an Ipad an Iphone or a laptop all they need is a basic computer at home with basic internet connection to do their homework less than $30.00 a month.
Yes daycare is expensive this one i will give into and also the unexpected cost of medical bills.
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