Every year or so you see some version of this story. It costs one gazillion dollars to raise a child. The implication, its just not worth it. Example.
New research suggests that people may exaggerate the perks of being parents to rationalize the financial costs of raising children.
Two studies, featured in the journal Psychological Science, measured more than 140 parents’ feelings after being presented with information regarding the hefty bill of raising a child. In the Northeast, raising one child to the age of 18 costs nearly $193,000, according to the research.
Wow. $193,000 buckaroos? How do I put this politely? Horse hockey!
All you moms and dads out there of five or more children have an extra million bucks hanging around?
I have five children and I can tell you …. Continue Reading >>>