I have a couple issues with this article. First of all, the notion that raising children is all work and no fun is absurd. Children are a blessing and a joy. Yes, they’re hard work but let’s not pretend that raising children is a drudgery.
Second, I dispute the $241k figure for raising children. That comes out to just over $13k per year from birth to age 18. I have four kids, I’m not spending anywhere near $52k on them every year.
The problem with articles like this is that it presents parenting as a dreadful and expensive thing when it is not.
My thoughts also.
My late FIL had a way of putting it.
Would you take a million dollars for your child. No? Then your child is worth over a million dollars and you’re at least a millionaire.
There is no computing the value of the rewards I/we have received as parents.
You have to realize, theyre including a percentage of the mortgage/rent and utilities, in that figure.
Of course, they have to ignore the simple fact that you would have these monthly costs, whether you had children or not.