The Cost Of Kids

Jon

Member Specialist
THE COST OF KIDS

I have seen repeatedly the breakdown of the cost of raising a child, but this is the first time I have seen the rewards listed this way. It's

nice, really nice!!

 * * * * *
The government recently calculated the cost of raising a child from birth to 18 and came up with $160,140 for a middle income family. Talk about sticker shock! That doesn't even touch college tuition.  But $160,140 isn't so bad if you break it down. It translates into $8,896.66 a year,$ 741.38 a month, or $171.08 a week.  That's a mere $24.24 a day! Just over a dollar an hour.

Still, you might think the best financial advice says don't have children if you want to be "rich." It is just the opposite. What do your get for your $160,140?

  Naming rights. First, middle, and last!
  Glimpses of God every day.
  Giggles under the covers every night.
  More love than your heart can hold.
  Butterfly kisses and Velcro hugs.
  Endless wonder over rocks, ants, clouds, and warm cookies.
  A hand to hold, usually covered with jam.
  A partner for blowing bubbles, flying kites, building sandcastles, and skipping down the sidewalk in the pouring rain.

  Someone to laugh yourself silly with no matter what the boss said or how your stocks performed that day.

For $160,140, you never have to grow up.
You get to finger-paint, carve pumpkins, play hide-and-seek, catch lightning bugs, and never stop believing in Santa Claus.

You have an excuse to keep: reading the Adventures of Piglet and Pooh, watching Saturday morning cartoons, going to Disney movies, and wishing on stars.

You get to frame rainbows, hearts, and flowers under refrigerator magnets and collects pray painted noodle wreaths for Christmas, hand prints set in clay for Mother's Day, and cards with backward letters for Father's Day.

For $160,140, there is no greater bang for your buck.
You get to be a hero just for retrieving a Frisbee off the garage roof, taking the training wheels off the bike, removing a splinter,f illing a

wading pool, coaxing a wad of gum out of bangs, and coaching a baseball team that never wins but always gets treated to ice cream regardless.

You get a front row seat to history to witness the first step, first word, first bra, first date, and first time behind the wheel.

You get to be immortal.
You get another branch added to your family tree, and if you're lucky, a long list of limbs in your obituary called grandchildren.

You get an education in psychology, nursing, criminal justice, communications, and humans exuality that no college can match.

In the eyes of a child, you rank right up there with God.
You have all the power to heal a boo-boo, scare away the monsters under the bed, patch a broken heart, police a slumber party, ground them forever, and love them withoutl imits, so one day they will, like you, love without counting the cost.

ENJOY YOUR KIDS AND GRANDKIDS.
 
WOW Thats Neat

I think I'll go get started on workin on makin a couple of my own I'm not gettin any younger ( 24 Today ):p Old HUH! I know I've got plenty of time ahead of me but it's lots of fun practicin.

I'll save that to take to my parents this weekend and see if they feel their money was well spent. I'm sure they'll tell me that they want a refund when they see those figures ( na just kiddin their very proud of me I've been with my fiancee for 5yrs now we bought a home on 5 acres have 3 vechicles 98 and up 2 paid for and I have 2 successful businesses) Whatta ya think guys they gonna want me to start payin them some money back? Maybe I outta keep those numbers to myself!

Thanks for sharing!

Andrew/Safe Clean:cool:
 
Great Words

Jon,

It never ceases to amaze me how great being a father is. I have a 3 year old son and a 7 year old daughter. The words you have written describe my life everyday.

I will never forget when my son first said "I LOVE YOU DADDY". I would have given $160K just for that moment.

Sometimes I work too much and don't spend enough time with them. Never realized what that time was costing me in dollars and cents. I am going to spend more time with them so I get a better return on my investment.


Thanks Jon

Greg
 
Jon, You have good timming.

It was a cheer up to read that.
 
Made me think too. Good timing Jon.

My son is now 10 and daughter is 5. I'm just not sure where the time has gone. Those 1st time things only happen once and if you miss them, they are gone forever.

Thanks for the reminder.
 
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