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Old 08-15-2007, 10:30 AM
 
Location: Tennessee/Michigan
28,192 posts, read 47,516,886 times
Reputation: 19702

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Children are priceless, but raising them is one of the most expensive things you'll ever do. Here's how much it costs, along with some strategies for lowering expenses.

Every newborn child is a bundle of joy. But you'd better have a bundle of cash on hand if you want to raise one.

Families making more than $74,900 a year will spend a whopping $289,380 to raise a second child born in 2006 through age 17, estimates the Center for Nutrition Policy and Promotion, a division of the U.S. Department of Agriculture. Higher-income families in urban areas in the West will spend the most, $304,740.

Raising your $290,000 baby - MSN Money
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Old 08-15-2007, 11:25 AM
 
Location: Chattanooga TN
2,349 posts, read 9,659,255 times
Reputation: 1200
Default Bargain baby

Quote:
Originally Posted by John1960 View Post
Families making more than $74,900 a year will spend a whopping $289,380 to raise a second child born in 2006 through age 17, [/url]

Cool I only make about 1/2 that so I get a discount baby? Excellent!
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Old 08-15-2007, 06:00 PM
 
358 posts, read 850,172 times
Reputation: 130
These stories and figures are so ridiculous. They assume that you're going to give your kid artificial baby milk, throwaway diapers, daycare, brand-new clothing, and all kinds of expensive gadgets that are in no way necessities.

People can and have reared children for a lot less.
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Old 08-15-2007, 09:43 PM
 
1,397 posts, read 4,392,281 times
Reputation: 2672
When I read that story, me and my husband got shocked!!!It's crazy.
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