Traditional Catholic forum - SSPX Resistance News - message board for Catholics

Traditional Catholic Forum

A message board for SSPX, Resistance and other Traditional Catholics to discuss news and matters pertaining to the Catholic Faith
Since 2006
New: RSS Feed

Click here to start your Amazon.com session so CathInfo gets credit!

Welcome! ( login | Register ) » Catholic Info » Traditional Catholic Faith » Catholic Living in the Modern World » CNN: Children cost 235,000 ea...

Pages: << prev 1, 2, 3, 4 next >> Reply to Topic Create New Topic Create New Poll
CNN: Children cost 235,000 each to raise
Matthew





Reputation: 17783
(Likers: 0 / Critics: 0)
Posts: 20,047

Add Matthew to your buddy list Send an email to Matthew Send a personal messsage to Matthew Ignore all posts by Matthew  people like this post0      people dislike this post0 Quote Go to the top of the page

http://money.cnn.com/2012/06/14/news/economy/cost-raising-child/index.htm?iid=HP_LN

NEW YORK (CNNMoney) -- Raising a child just got $8,000 more expensive.
Middle-income families with a child born in 2011 can expect to spend $235,000 over 17 years, according to a new report by the United States Department of Agriculture. That cost factors in food, shelter and other necessities to raise a child, and does not account for inflation.
It also marks a whopping $8,000 increase, or 3.5% rise, in just one year.
So why do babies born in 2011 cost so much more?
In that one year alone, expenses for transportation, child care, education and food surged for middle-income families. Health care, clothing and housing costs also increased, but at a more gradual pace.
In the study, the government defined middle-income families as those with $59,000 to $103,000 in annual income before taxes.

Lower income families can expect to spend less -- to the tune of about $169,000 over 17 years and higher income families can expect to spend more -- roughly $390,000.
The USDA has been estimating the cost of raising a child since 1960. The first year the report was issued, the agency estimated it cost an average of $25,000 (or roughly $192,000 adjusted for inflation) to raise a child to age 17.
.........................
Start your Amazon.com session by clicking this link, and my family and I get a commission on your purchase! It costs you nothing extra.

- Matthew

Posted Jun 15, 2012, 12:19 am
Ignored by: 0
Tomas de Torquemada


Avatar



Reputation: 39
(Likers: 0 / Critics: 0)
Posts: 113

Add Tomas de Torquemada to your buddy list Send an email to Tomas de Torquemada Send a personal messsage to Tomas de Torquemada Ignore all posts by Tomas de Torquemada  people like this post0      people dislike this post0 Quote Go to the top of the page

Is that it?

Posted Jun 15, 2012, 12:26 am
Ignored by: 0
Matthew





Reputation: 17783
(Likers: 0 / Critics: 0)
Posts: 20,047

Add Matthew to your buddy list Send an email to Matthew Send a personal messsage to Matthew Ignore all posts by Matthew  people like this post0      people dislike this post0 Quote Go to the top of the page

I got a nice argument started in the comments section.

Basically told them they're crazy if they think kids are that expensive -- they're only expensive if you want to be a modern wasteful American.

EDIT: It looks like they deleted my original comment. Can't have people waking up the sheeple to the foolishness of the modern world, now can we? I bet my other comments will be deleted eventually too. They ring true when you read them. I might just sway a few people -- they can't have that.

.........................
Start your Amazon.com session by clicking this link, and my family and I get a commission on your purchase! It costs you nothing extra.

- Matthew

Posted Jun 15, 2012, 12:30 am
Ignored by: 0
Pages: << prev 1, 2, 3, 4 next >> Reply to Topic Create New Topic Create New Poll E-mail me when replies are made to this topic View Printable