Having a Baby Is like buying 6 Houses

[Prefer Peace to PieceParticipant 10809]

Having a baby is like buying 6 houses and will cost you around $1.1M

Can you think of anything else to do with $1.1M? Or how about $2.2M – the cost of 2 babies?

http://business.time.com/2009/09/18/1-1-million-cost-to-raise-a-child-from-birth-through-college/

(This is a quote from the above Time magazine article)
A simply hilarious and insightful quote: “It is commonly said that buying a house is the biggest purchase most Americans will ever make. Having a baby is like buying six houses. Except that they don’t increase in value, you can’t sell them and after 16 years they’ll probably say they hate you.”

This comes from a WSJ story that riffs off of the reality TV family announcing its 19th child on the way, and that explores how and why Americans are having fewer children, and how and why it’s become so darn expensive to raise them. Among the reasons it costs a ton:

The average cost of state-university tuition, along with room and board, is now $14,333. Private colleges average a good deal more— $34,132. But what’s really striking is the rate of increase. During the past 35 years, the real-dollar cost of college has increased by 1,000%. That’s not a misprint.
And the grand summation:

When you add it all up, it’s not uncommon for a single child to cost a normal, middle-class family something like $1.1 million, from birth through the undergrad years. To get some perspective, the median price of a home in 2008 was $180,100. It is commonly said that buying a house is the biggest purchase most Americans will ever make. Having a baby is like buying six houses. Except that they don’t increase in value, you can’t sell them and after 16 years they’ll probably say they hate you.
At the very least, you can save some money by not buying useless baby products.

[SnakeSpectator 2080]

Having a baby is like planting a S~~~ Tree. It gets bigger and bigger and keeps s~~~ting all over us. Stop having children.

[HitmanParticipant]

Yeah and once you have one it’s too damn late. .word of warning. .if you see your child’s face, you will love that child so much money won’t matter. .your last penny won’t matter. .better to not look!

[RoyDalParticipant]

I am renting the houses, but I am denied the pleasures of raising children. It seems like a fair trade to me. My dog can be an expensive handful, but there is none of the hassles of marriage in today’s degenerate culture, nor is there any worry about how the dog will get by in a future where the “P” is getting added to the “LGBTQ”.

Society asks MGTOWs: Why are you not making more tax-slaves?

[FunInTheSunParticipant 8288]

I find it interesting that MILLIONS of poor people around the world are able to raise several kids with an annual salary of 1000 U.S. Dollars. And the women in their societies don’t seem to have a problem with marrying a guy who lives in a wood shack with no electricity or plumbing.

"I saw that there comes a point, in the defeat of any man of virtue, when his own consent is needed for evil to win-and that no manner of injury done to him by others can succeed if he chooses to withhold his consent. I saw that I could put an end to your outrages by pronouncing a single word in my mind. I pronounced it. The word was ‘No.’" (Atlas Shrugged)

[DethklokParticipant 153]

FunInTheSun wrote:

I find it interesting that MILLIONS of poor people around the world are able to raise several kids with an annual salary of 1000 U.S. Dollars. And the women in their societies don’t seem to have a problem with marrying a guy who lives in a wood shack with no electricity or plumbing.

It’s a damn shame.

Here in the US, the more a man makes, the more a child costs. How does that make sense?

[Soldier-MedicParticipant 2566]

Great Post!!!!

I just emailed this story to my oldest son.

"I asked you a question. I didn't ask you to repeat what the voices in you head are telling you" ~ Me. ........Yes I'm still angry.

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