Most of our thoughts about having children center around the joy of loving them. But the reality is a child needs so much more than love. They need parents who can provide for them, both physically and emotionally. Just look at all the things $160,140 can buy you.

Money is an important part of raising a child, but it is often the last thing considered when we think about having children. But you need money to buy food, diapers, clothes, and to pay for daycare. When you break down the $160,140 this is what it will cost you to raise one child.

• $8,896.66 per year
• $741.38 per month
• $171.08 per week
• $24.44 per day
• About $1 per hour

Doesn't that include the whole family though? Click to keep reading...