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Parenting & The Cost of Raising a Child

by Mardie Caldwell, COAP

Parenting is the most rewarding job in the world. Our major responsibility as parents is to provide love and a safe environment for our children to grow up in. We also have to provide the financial support to raise our children. The U.S. government recently released their calculations for the cost of raising a child from birth to 18 years—$160,140. And that doesn’t include college expenses which could add upwards of $50,000.

Let’s see how we might break down that $160,140:
• 4,003 pairs of Levi’s jeans
• 54,284 Big Mac’s
• 8,007 evenings at the movies
• 3 Hummer sports utility vehicles

Does it really cost that much? Click to keep reading...

 
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