We all know raising kids is expensive, but few people know exactly how much it costs.
Without excessive expenditures, surely people like us could raise a child for more than the $435,030 the government estimates but less than the $776,000, $1 million or $1.6 million guessed at on the pages of the Wall Street Journal. Right?
I had hoped so, but my estimation of what my spouse and I might spend – and, crucially, what we might lose – having a child ended up being more than those estimates.
See on bucks.blogs.nytimes.com
via Tumblr The Cost, in Dollars, of Raising a Child