Comments about ‘Dave Ramsey says: Babies are not that expensive’

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Published: Tuesday, May 27 2014 12:00 a.m. MDT

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Alexandria, VA

I'm not one that would encourage anyone to put off having kids, because there never is a perfect time financially, but to insinuate that after the first couple of years things won't be expensive is false. If anything, it only gets more expensive as they get older.

Eugene, OR

That's some fine propaganda there, DN...


Babies aren't that expensive? Compared to what?

Franklin, TN

If having a baby or two sends you to the poor house, then you're either doing it wrong in terms of raising them or you didn't have enough money to have kids in the first place. Either way, it's on the parents.

Orem, UT

Without a doubt, kids take time and money to raise. The costs are incremental in that your utilities don't double just because you have two kids instead of one, but each child adds to your budget (food, clothes, etc.)

But just like you shouldn't get married just for financial reasons, you shouldn't have kids for financial reasons either. Have children because you want to have a family and pass on important things to the next generation.

Common sense is important for choosing when to have children and how many to have (althought not always under our control), but be prepared to sacrifice certain things. Like everything else in life, it is a trade-off. Kids are work, but they are worth it.

I wouldn't trade any of my kids for a new car, a bigger house, or vancy vacations. But I might not have some of the things I currently have, had my wife and I decided to have an even bigger family than we do. We didn't limit the number of children based on financial reasons.

Kearns, UT

I've asked our neighbors how much it costs to have a baby. They said it is a minimum of $5,000, depending on the insurance deductible and complications. For a young family that is a lot of money. Then, of course many of the young families today need such huge wardrobes, crib, etc. one could easily add on several more thousand dollars. Those on medicaid having babies don't pay much or nothing. Plus they have charities that will help them with what they need. Is it any wonder why so many young couples have babies while in college.

Brave Sir Robin
San Diego, CA

Right on, Dave. Because people on welfare having more babies will solve all their problems.

St Louis, MO

Right on, Brave Sir Robin. Because welfare families were totally the target of this article and make up such a high percentage of the DNews readership.

American Fork, UT

Babies are like real estate transactions. They assume you're awash in cash. They are expensive, and if that's why you're not having them, good for you. Wise decisions now will prevent problems in the future.

Johnny Triumph
American Fork, UT

I was married a few years and my wife really wanted to have a baby. I balked for nearly a year, blaming a need to feel secure financially and in a long term job. I got the job, felt fine about things, my wife got pregnant, and I got laid off. Out of work for 4 months. But it all worked out and now I wonder why I pushed so hard to wait...

Salt Lake City, UT

"I’m the kind of guy who likes to rip the bandage off. Even if it’s going to hurt a little bit, I’d rather just do it quickly and have it done. "

Unless the alternative to paying down debt is money for more babies apparently.

Understands Math
Lacey, WA

@GZE wrote: "Babies aren't that expensive? Compared to what?"

Top-of-the-line Italian supercars.

Quiet Neighborhood, UT

Here is some easy math for you. It is said it costs about $250,000 to raise a child from birth to age 18. Take $250,000 and divide it by 18 and you get about $14,000 per year per child. So to raise 3 children you need about $42,000 per year. Hope this helps.

Go Big Blue!!!
Bountiful, UT

Dave was addressing a couple that has their finances in order. He is not suggesting that people that are in over the head financially start to have children. It appears that some liberals just hate the thought of responsible (conservative) couples having children that are likely to grow up not being responsible adults(not liberals).

Orem, UT

SomeClarityPlease: "It is said it costs about $250,000 to raise a child from birth to age 18."

That is a figure that someone pulled out of thin air. My parents raised 4 kids on a tiny fraction of that. Even today, it doesn't cost nearly that much. Can you spend that much? Certainly. Do you need to spend that much in order to raise a well nurished, well educated, and well adjusted child? No way!

Even if you calculate all the education costs that the government (i.e. the taxpayers) pays for K-12 education, I doubt it reaches that level.

Laura Bilington
Maple Valley, WA

The huge expense for babies is not the food or the diapers--it's the child care. In the absence of anything said to the contrary, it looks like both people in this couple worked to get in the financial position they are in--unless there's a Grandma that is just itching to babysit for free, they will lose the wife's salary and /or have enormous child care expenses (here it is easily $500 a month) when she goes back to work. They really need to hold off until they have a minimum of three months income in the bank, and even then may not be able to swing it if her salary is a significant part of their income.

Elliott Bay
Seattle, WA

Maybe there needs to be more discussion on children as an investment. Particularly as large segments of the productive workforce slip into decline, calling into question the sustainability of social net programs. Well-bred offspring might just prove a valuable long-term economic hedge.

lehi, UT

All I have to say is wow. Getting married is expensive. Having kids is expensive. Dying is expensive. Life is expensive. THINGS cost money... However, we CAN CHOOSE how we spend our money, generally. A child does NOT NEED to cost $250k, generally, to raise. Now if you choose to put that child in day care, private school, music lessons, lots of sports, personal car, pay for college completely, eat out frequently, pay for cell phone and plan, etc, etc, etc then yes. However, I can say that my three wonderful kids haven't cost me that much and won't in the future. And, no, I am not depriving them of the NECESSITIES of life. I don't make a six figure salary, have no debt other than mortgage, have a nice nest egg and my wife doesn't work. Nevertheless, we don't, won't and can't spend money on anything and everything we want.

Sasha Pachev
Provo, UT

It is rather unfortunate that we need Dave Ramsey to tell us to not wait to have children when our prophets have been telling us for years to do so, but I suppose if you learn the truth and follow it you are blessed regardless of the source. Our economy is structured anti-family, and anti-children in particular, so are we going to just surrender, or are we going to fight it? My wife and I chose to fight, and the Lord has blessed us. We are at eight children and expecting our ninth, but have always found enough, and she never had to work a job. For those who are worried about tax payer dollars, we have always home schooled, and never took any form of government assistance. I believe if you plan, prepare, and sacrifice, a way will be provided.

Sweetwater, TX

Babies aren't expensive. High schoolers are.

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