I've always found these number to be ridiculous. They often factor in costs
such as an entire new wardrobe every 12 months, an addition to the house with
each new child, buying your kid a car, sending them to camp every summer,
etc.... Things that most of us never do. I would guess for most people the
numbers are at least half of what this study says, and drop even more with each
@ Worf. When I heard our president tell successful people in America, "You
didn't build that" I knew he had never worked at any real job in his
entire life! That is how out of touch with reality he is!
@Mountanman,We're the last of a fading generation.I
too, worked as I grew up. I paid for my clothing, and most everything I owned. I
was not a financial burden to my parents, and actually helped with the food
& mortgage. This article represents a helpless, and entitled
Yes, that cost (but in my case probably highly inflated) may be true—but
that doesn’t account for the emotional cost to a parent learning
life’s lessons of teaching and training them properly, nor the physical
work to sometimes exhaustion for their upkeep…BUT I would NOT trade any of
that for the SATISFACTION AND JOY of seeing 4 amazing, grown women and mothers
(who have become my very best friends and MY examples) and their likewise
wonderful husbands, caring for my (nearly 18) beautiful, talented, loving,
righteous and well adjusted grandchildren —that I receive as “pay
back” in return!!! In my case—that's what life is FOR and it
has been ALL worth the cost!
I was raised on a farm and my siblings and I worked very often from sun up to
sun down, therefore if I calculate my work time at $1.00/ hour, my parents owe
me $ 245K. lol
Doesn't matter,- if you qualify for benefits.Most children are
fed at school, and/or through food stamps.Clothes can be bought at
garage sales, or thrift stores.
Many people have talked about this exact idea, but with wildly different ideas.
I've heard this sentiment hundreds of times. Some people think this way
and getting the more accurate numbers for those people is important to them.
I've heard some say $1,000,000 per child.I think anyone who
doesn't have a family because they want the 20,000 plus movies or whatever
else is making not just a bad choice, but a very bad choice. However, there are
lots of people who disagree. That is why our birthrate is dropping so much in
the US. And because they think that way, that makes this article not silly. I
don't agree with them. That doesn't mean their voice shouldn't
be heard. Or their thinking at least fixed in someways. @ Shane333.
Great points. I think the $245,000 is ludicrous. I've only averaged
40,000 over a 20 year period with no gov't or church support. I have 6
kids and I certainly don't think I've spent close to 245,000 for the
one who is about to turn 18.
I don't believe raising a kid costs this much. One can do it well for much
This is a very silly article because it is impossible to monetize the value of
children. Few parents would trade their children for $245,000. If couples put
themselves first, the world is better off if they don't have children.
I am not exactly sure about the purpose of this article. Are you trying to tell
us what we should get instead of children? Or perhaps, you are trying to
inflate the egos of parents by showing them how self-sacrificing they are?How about, instead of this fluff piece, we see an article about how these
institutions come their conclusions, if it is all based on single children or
families with more than one, and how it compares to our own lives. I have
always found these numbers to be inflated. We love and cherish our kids, but we
don't send them to a summer camp that costs several thousand dollars. We
own a manageable home, drive one car, and shop responsibly. On the other
side, are childless couples really going to buy houses that cost less or take
cheaper vacations? These are two factors that are often calculated into these
results. Let's have a realistic look at these number and what they
Fortunately each subsequent child after the first doesn't have to cost
quite as much. A crib can be used more than once, as can a baby carrier or
toddler seat for the car, or a diaper changing table, etc. Kids can double up
in bedrooms.So each additional child doesn't have to tack on an
extra $245,000. It can be less.Also, there are ways to shave down
that $245,000. Nursing instead of using formula, for example, can save money.
Shopping wisely and buying in bulk can save considerably on grocery costs as the