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Reply to "Costs of raising a child"
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[quote=Anonymous][quote=Anonymous]8 years old is not an "inexpensive" time. We dropped about 10k that year on dance, soccer and fencing lessons.[/quote] Low income people don’t spend money on dance and fencing. In reality, 8 isn’t that expensive. At that point, you really don’t need childcare. You just need the basics of food and clothes. When you hit MS, your child can use their electives and join free in school clubs to satisfy their interests. Same for HS with more options - amazing electives, sports, theater, music and so much more and all free. Things that might cost you money are your school activity fees. But not all schools have them and there are funds available for those who need them in some schools. You might want to consider braces. There is drivers ed in 11 th grade and college applications if that is the route your child chooses in 12 th. Summer of 11th they can get a job. At some point electronics will come in. You can get away with just a smart phone until college but at college You need a laptop. You can always do more but that’s an option not a requirement. And you can say no to a phone but that’s the one thing I wouldn’t say no to. [/quote]
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