Comments on: Costs to raise a child http://wideopenwallet.com/2008/04/costs-to-raise-a-child/ An honest look at family finances Tue, 06 Jan 2009 07:36:42 +0000 http://wordpress.org/?v=2.5.1 By: Tight Fisted Miser http://wideopenwallet.com/2008/04/costs-to-raise-a-child/#comment-101 Tight Fisted Miser Thu, 24 Apr 2008 22:35:00 +0000 http://wideopenwallet.com/?p=81#comment-101 Thanks for linking to me. The cost of raising a child reports are from the USDA. They have a scale by income on how much it cost to raise a child. The $200,000 figure is roughly the median. <br/><br/>The $200,000 figure seemed high to me but the annual child raising cost is about how much money I made total last year. Thanks for linking to me. The cost of raising a child reports are from the USDA. They have a scale by income on how much it cost to raise a child. The $200,000 figure is roughly the median.

The $200,000 figure seemed high to me but the annual child raising cost is about how much money I made total last year.

]]> By: JB http://wideopenwallet.com/2008/04/costs-to-raise-a-child/#comment-100 JB Thu, 24 Apr 2008 17:35:00 +0000 http://wideopenwallet.com/?p=81#comment-100 I agree. $200,000 seems pretty accurate. But... it doesn't seem as bad though when you look at how much money you'll make over that 18 year period.<br/><br/>$40,000 x 18 = $720,000 (of course this could be more or less!)<br/><br/>But, using that figure - 200,000 is just a little over a quarter of your income over that 18 year period. Is having a kid worth a quarter of your income? Probably!<br/><br/>And also, each additional kid would cost less! I agree. $200,000 seems pretty accurate. But… it doesn’t seem as bad though when you look at how much money you’ll make over that 18 year period.

$40,000 x 18 = $720,000 (of course this could be more or less!)

But, using that figure - 200,000 is just a little over a quarter of your income over that 18 year period. Is having a kid worth a quarter of your income? Probably!

And also, each additional kid would cost less!

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