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	<title>Miss Bankrupt &#187; cost of kids</title>
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	<link>http://www.missbankrupt.com</link>
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		<title>The Cost of Kids</title>
		<link>http://www.missbankrupt.com/the-cost-of-kids/</link>
		<comments>http://www.missbankrupt.com/the-cost-of-kids/#comments</comments>
		<pubDate>Thu, 06 Aug 2009 00:32:46 +0000</pubDate>
		<dc:creator>christina</dc:creator>
				<category><![CDATA[Children]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[cost of kids]]></category>

		<guid isPermaLink="false">http://www.missbankrupt.com/?p=113</guid>
		<description><![CDATA[I came across this article about the cost of raising a child and have to admit that I&#8217;m officially in panic mode. As a parent of a 5 year old, I already had a sneaky suspicion that this journey was not going to be a cheap one. For a two parent family making less than [...]]]></description>
			<content:encoded><![CDATA[<p>I came across <a href="http://www.msnbc.msn.com/id/32290704/ns/health-kids_and_parenting/">this article</a> about the cost of raising a child and have to admit that I&#8217;m officially in panic mode. As a parent of a 5 year old, I already had a sneaky suspicion that this journey was not going to be a cheap one.</p>
<p>For a two parent family making less than $57,000.00 a year, the article states it will cost approximately $160,000.00 from birth to highschool. This isn&#8217;t even including college. That&#8217;s $9,411.00 a year and I&#8217;m sure it&#8217;s much more than that when they&#8217;re older. I realized this most when my daughter asked for a Wii. I&#8217;m saddened by the thought of not getting by on Dollar Store gifts anymore.</p>
<p>Judging by the expensive weekend that I just went through, once the home and food (those are my expenses too, not just hers) are deducted, most of what is left is spent on her.  So, it&#8217;s possible that the cost of raising a child is actually way more than the $9,411.00 that was figured.</p>
<p>I suppose articles like this are common right now because of the recession and people contemplating whether it&#8217;s a good time to have a child. Granted, if I could do it over I&#8217;d probably do it right so it wouldn&#8217;t be a struggle, but I&#8217;m positive that there&#8217;s never a &#8220;good time&#8221;. It&#8217;s very seldom that the situation is perfect and ideal, something will always come up.</p>
<p>Reminded me of the movie &#8220;Up&#8221; that I took dear daughter to see this weekend. (Expensive as they are, it&#8217;s still one of the cheapest outings.)</p>
<p>In the beginning, a couple meets when they&#8217;re children and get married, always sharing the dream of moving the entire house (literally) to Paradise Falls. They start throwing their change into a jar but something always comes up and the move to Paradise Falls is put off their entire lives. It&#8217;s a very seize the day kind of movie.</p>
<p>Kids are expensive. Especially if your goal is to raise an intelligent, productive citizen. I work on budgeting and saving (and just being cheap) so that she can have a decent life. I may have done things differently if given the chance, but at this point, I wouldn&#8217;t trade her for anything. It is what it is, and it&#8217;s one part of the budget that can&#8217;t be cut.</p>
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