Is the cost of starting a family financially feasible? Should the cost of starting a family even factor into your family planning and decisions?
Do you have a spare $245,340 lying around? Probably not, and you don’t need it all upfront, but this is the new estimated cost of raising a child from birth until 18 years of age in the United States, according to the U.S. Department of Agriculture.
When accounting for inflation for the next 18 years, it will eventually cost about $304,480 for the average American family to raise just one child. … [Read more...] about