Here is an very interesting graphic I would like to share with you. The graphic was provided courtesy of the design team at EarlyChildhoodEducation[dot]com. It was created to illustrate the challenges and costs of raising children.
According to the graphic:
- 135.5 Million babies are born every year
- It cost $226,920 on average to raise a kid up to the age of 18
I want to point out that this is before college…WOW! Imagine if you are a family with 5 kids? That’s a lot money to have to pay. But I wonder if the average decreases with each kid you have? I hope so.
In any case, I have two kids and I must admit that know amount of money would have been too high. They have exceeded all of my expectations…
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