Kids Cost Parents $200,000
According to a recent study by IBISWorld, a typical family spends $12,658 a year raising a child. Those who live in the west spend about 8 percent more than the average and those residing in eastern regions, shell out about 4 percent more.
Parents will spend, on average, more than $200,000 raising a child by the time their teen graduates from high school. Those couples earning more than $75,000 a year will shell out over $300,000.
http://moneywatch.bnet.com/saving-money/blog/family-finance/kids-cost-parents-200000/846/?tag=video-318415;related-link-1
Saverio Manzo
No comments:
Post a Comment