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Author Topic: I can attest to this as I was paying about $1200/month for my  (Read 94 times)

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Offline theking

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I can attest to this as I was paying about $1200/month for my
« on: September 27, 2023, 12:01:40 AM »
..daughter's daycare services from ages a few months old to 4 years old. It's basically a second mortgage for some of us:

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How much does it cost to raise a child? College may no longer be the biggest expense.

Parents spend a lot of time worrying about how they’ll afford college tuition for their kids someday, but a pair of recent surveys show exorbitant college-like costs actually come much earlier in life.

In more than half the states, childcare costs more than in-state public college tuition, according to lending platform NetCredit.com. Then, comes the price you pay for independent kids. Teen car ownership now also costs more than in-state tuition at a public university, an analysis by car app Jerry shows.

Everyone already knows raising a child is expensive, but it’s getting even pricier. After two years of elevated inflation, families are feeling pinched more than ever. Overall, for example, parents spend a significant portion of their annual income on child-related expenses. Nationwide, families spend 19% of their annual income on child-rearing expenses, online lending marketplace LendingTree said.



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Offline Hung_Low

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Re: I can attest to this as I was paying about $1200/month for my
« Reply #1 on: September 27, 2023, 07:41:56 AM »
Thank goodness I don't have kids...



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- Maxi pad not greatest thing on earth but next to it.

 

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