Tuesday, August 9, 2011
I have a money question for parents?
I read a study that said it costs on average $750 a month to raise a child...over the course of 18 years that is $162,000. It's not cheap when you consider all that goes into caring for a child. We have an 8 month old and every month she needs formula, diapers, clothing, daycare costs. She is growing like a weed so we have to buy her new clothes almost biweekly. When she turns 3 she is going into a private Christian preschool at a cost of about $5000 a year. Then you have to consider if, as parents, you decide to foot the bill for college...Lord knows what that cost will be in 18 years! If you can afford 5 kids I say go for it! For me and my husband 2 will be plenty for us. Of course when it comes down to it I don't care if we had not one nickel to our names I wouldn't trade our beautiful daughter for a million dollars. She is priceless!!
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