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Old 06-03-2019, 01:10 PM
 
Location: SE WI
508 posts, read 353,286 times
Reputation: 1330

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Quote:
Originally Posted by emm74 View Post
So to confirm, you have never raised a child and have exactly zero idea of the cost of that.

BTW, do you think your parents would have lived in the same house if you and your brother didn't exist? So start there, how much more did they pay for a larger house/apartment to accommodate a larger family?
No I do not have kids, nor do I see that happening. I would first have to get married.


My parents had a 3 bedroom house same as I have now. They did not have to upsize to accommodate kids. My Dad had to turn his office into my brother's bedroom was all.


All I'm saying is that I doubt the numbers quote on here are realistic unless every feeds their kids with a silver spoon.
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Old 06-03-2019, 01:12 PM
 
2,030 posts, read 858,396 times
Reputation: 5027
There is no financial burden to having children. There are expenses. But if you don't spend it on them you will spend it on other things unless you are planning on lining your coffin with it. It's not a question of affordability, it's a question of what you want to spend your money on.
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Old 06-03-2019, 01:16 PM
 
Location: Honolulu
1,348 posts, read 543,801 times
Reputation: 1102
I am 65. I became a father when I was 38 and 40. My wife and I had always decided that we either had no kid or had two. We didn't want our kid to be lonely.

Finally my kids are done with school last month. They had longer college years because both pursued post-graduate degree. Education is very very expensive. I put both of them through private high school (because public schools are really junk in my state) and 6 to 7 years of private college respectively.

But is it worth the effort and sacrifice? Definitely. IMO marriage without kids is not a complete marriage. There is nothing more satisfactory than watching your son or daughter being hooded at graduation!
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Old 06-03-2019, 01:25 PM
Status: "Disagreeing is not the same thing as trolling." (set 6 days ago)
 
Location: Texas
9,445 posts, read 3,628,914 times
Reputation: 19466
Quote:
Originally Posted by bobspez View Post
There is no financial burden to having children. There are expenses. But if you don't spend it on them you will spend it on other things unless you are planning on lining your coffin with it. It's not a question of affordability, it's a question of what you want to spend your money on.
Agree.
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Old 06-03-2019, 01:35 PM
 
255 posts, read 64,766 times
Reputation: 612
Kids are as expensive as you want them to be. I stayed home until the youngest was in school. Yes there’s a cost to that. 2 of the 3 wore braces. Used cloth diapers and handed clothes down when kids were little. Played youth sports that were cheap. Not traveling competitive ones. I remember when VCR’s came out and cost 1k. We didn’t get one until they were 400 and we owned one tv.
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Old 06-03-2019, 04:04 PM
 
1,622 posts, read 557,035 times
Reputation: 3076
Quote:
Originally Posted by TRlaura View Post
No healthcare issues or braces. My mother stayed home to raise my brother and I, just like she is supposed to.
Oh boy, dem is fightin' words these days, LOL

The average cost of braces (orthodontia) these days is around $5000, give or take a grand, depending on how much correction is needed. Options like Invisalign aren't recommended for school age patients.

When you say no "healthcare" issues do you medical expenses? or day care expenses?

Many kids today need glasses or contacts. That's another expense. My son had to start wearing glasses at age 7 because of severe nearsightedness and needed a new prescription yearly until he was almost 20 years old. When he was in high school he switched to daily-wear contacts for cosmetic reasons.

Health insurance today is not as comprehensive as it was when we were growing up. I remember when it covered 80% of everything, no questions asked about pre-existing blah blah blah, after a minimal deductible. Nowadays the deductibles are whopping and the exclusions/hoops to jump through are many. And dental insurance is either unaffordable or next to useless.

If a child is involved in sports or other extracurricular activities as so many are nowadays, there is the cost of equipment. For example, my son played ice hockey from age 13 onward. Between the cost of skates (they outgrow those just like shoes), blades, sticks, gloves and helmets, plus summer hockey camp, it was nothing to sneeze at. I was just glad he wasn't a goalie because THAT is a mega-expensive position equipment-wise! And he was not even on a travel team which would have been even more costly; he played on his school's team but many schools no longer supply equipment to their players. And never for ice hockey.

You may think that a specialist summer camp of one sort or another is an unnecessary ('silver spoon') luxury but trust me, if your child is really into a specific activity or sport they will probably really want to go because it will help them become better at what they do. And there is nothing wrong with that.
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Old 06-03-2019, 04:58 PM
 
Location: Arizona
5,939 posts, read 5,293,703 times
Reputation: 17896
Quote:
Originally Posted by BBCjunkie View Post

You may think that a specialist summer camp of one sort or another is an unnecessary ('silver spoon') luxury but trust me, if your child is really into a specific activity or sport they will probably really want to go because it will help them become better at what they do. And there is nothing wrong with that.
Also, the people that run those camps and the "special guests" that attend are the same ones that may offer your kid a scholarship in the future.
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Old 06-03-2019, 05:31 PM
 
1,622 posts, read 557,035 times
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Quote:
Originally Posted by thinkalot View Post
Also, the people that run those camps and the "special guests" that attend are the same ones that may offer your kid a scholarship in the future.
You got that right.

Especially the ones for high school age, those are the ones the college scouts make the rounds to check out every summer. The first two hockey camps that my son went to were local. Then he went to one in Ontario. Then he found out about the one in Fargo, ND, that's run by the same trainer that many NHL players work with and uses the same system. It was well worth the money, we were only sorry that we didn't know about it initially. The others were 'okay' but this one is on a whole other level. If your kid plays ice hockey this is the one to go to.

https://www.burggrafskating.com
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Old 06-03-2019, 07:37 PM
 
25,971 posts, read 32,970,649 times
Reputation: 32158
Quote:
Originally Posted by eliza61nyc View Post
So you never had healthcare issues or braces??

What did they do with you as a baby? Go to work and leave a bowl of food on the floor for you?? Lol even if your mother stayed home that's a cost.

Op, no way in hell are you raising a kid in 2019 from infancy on 30 grand. Unless you are considering public assistance
I think that's high. Now if you include college, then sure. If you plan on taking really nice vacations each year for the kid, then hell yeah you'll pass 30k.

My son's braces were 5k, insurance paid 1k, I paid the rest over the payment plan they offered.
I did take my son on some super nice vacations, but I knew I could afford it - I pinched pennies in many other areas. No one has to do that. We never had cable tv (still don't). I made my son's lunches every single school day because he preferred it. He had a good bike when he was old enough. I drove my cars until they died. I was frugal in areas where many folks are not.
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Old 06-03-2019, 08:14 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
22,537 posts, read 39,914,033 times
Reputation: 23634
Quote:
Originally Posted by Teacher Terry View Post
Kids are as expensive as you want them to be. I stayed home until the youngest was in school. Yes there’s a cost to that. 2 of the 3 wore braces. Used cloth diapers and handed clothes down when kids were little. Played youth sports that were cheap. ...
similar...except for the TV (We didn't have one, but when we had access to one... the kids had to pay $1/ hr for PBS and $2/ network. Since they had no 'passive income' i.e. 'allowance' , they chose to minimize their time on 'passive' entertainment(?). Library was popular

Our kids cost peanuts (OB-GYN / Delivery was no bargain with a lot of complications / potentially life threatening... but such is life... deal with it) We moved 3 weeks before birth, so had to pay OB-GYN 2x on that one.

They (farm kids) were capable of affording their own stuff by age 12. (they had Roth IRAs and trading stocks by age 12).
Bought their own cars and insurance, clothes... college... and lived within our $100/ month food budget (for entire family). We hosted elderly neighbors frequently for dinner and shared all our 'extra'. $$ and food.

They survived, and were not a financial burden to this single income, factory hourly wage family.

Retirement came as planned at age 49, then I joined my kids in attending college.
Different colleges, all STEM degrees, all graduated Magna (many thanks to no TV and each paying our own way, via hard work).

I can't wait for the 'senior rate' so I can return to college. Kids figured out how to get their advanced degrees funded. I expect we will all be in college again some day. (No burden / consequence to retirement).

My parents saved a bundle by kicking me out at age 15, I paid for my own braces, when I could afford it (age 30+)

Last edited by StealthRabbit; 06-03-2019 at 08:26 PM..
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