Who says kids are expensive?

July 21st, 2005 | by mbhunter |

This was forwarded to me in an e-mail about a year ago by a friend who knew that my wife and I were expecting. I don’t know who wrote this, but I’ll be more than happy to give credit where credit is due. I updated the numbers a bit and changed the phrasing slightly. Enjoy!

The cost of raising a child from birth to 18 is about $250,000! That doesn’t even touch college tuition.

For those with kids, that figure leads to wild fantasies about all the money we could have banked if not for (insert your child’s name here). For others, that number might confirm the decision to remain childless.

But $250,000 isn’t so bad if you break it down. It translates into $13,888 a year, or a tad over $38 per day. Just over a buck-fifty an hour.

Still, you might think the best financial advice says don’t have children if you want to be “rich.”

It is, in fact, just the opposite.

What do your get for your quarter million? Naming rights — first, middle, and last. Glimpses of God every day. Giggles under the covers every night. More love than your heart can hold. Butterfly kisses and Velcro hugs. Endless wonder over rocks, ants, clouds, and warm cookies. A hand to hold, usually covered with jam. A partner for blowing bubbles, flying kites, building sandcastles, and skipping down the sidewalk in the pouring rain. Someone to laugh yourself silly with no matter what the boss said or how your stocks performed that day.

For a mere $250k, you never have to grow up. You get to finger-paint, carve pumpkins, play hide-and-seek, and catch lightning bugs. You have an excuse to keep: reading the Adventures of Piglet and Pooh, watching Saturday morning cartoons, going to Disney movies, and wishing on stars.

You get to frame rainbows, hearts, and flowers under refrigerator magnets and collect spray painted noodle wreaths for Christmas, hand prints set in clay for Mother’s Day, and cards with backward letters for Father’s Day.

There is no greater bang for your buck. You get to be a hero just for retrieving a Frisbee off the garage roof, taking the training wheels off the bike, removing a splinter, filling the wading pool, coaxing a wad of gum out of bangs, and coaching a baseball team that never wins but always gets treated to ice cream regardless.

You get a front row seat to history to witness the first step, first word, first bra, first date, and first time behind the wheel. You get as close to omniscience and immortality as you can in this lifetime.

You get another branch added to your family tree, and if you’re lucky, a long list of limbs in your obituary called grandchildren.

You get an education in psychology, nursing, criminal justice, communications, and human sexuality that no college can match.

In the eyes of a child, you rank right up there with God.

You have all the power to heal a boo-boo, scare away the monsters under the bed, police a slumber party, ground them forever, and patch a broken heart.

And love them without limits.

So that one day they, like you, will love without counting the cost.

Questions tagged credit-card at Cash Commons:

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