I’m always slightly amused when I read about how much kids cost. I suppose it’s a valid question because kids are so…permanent.
If it really costs more than $200,000 to raise a child, can you even afford to have one?
From a financial/cost standpoint, we should give long pause before having kids. But is that all there is to this decision?
Many of us decided to buy a house the last few years and probably didn’t take into account all the hidden costs of home ownership. I know I didn’t. And what about animals? Think your poopsie poo doesn’t cost that much? Maybe you should find out.
Having kids is a big part of having a family. Money and responsibility wise. Thankfully that $200,000 is spread out over several decades…at least I hope.
What say you? Do you think about how much your kids cost?
Reference: Does my son really cost $26,000 per year?