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Reply to "What makes kids so expensive?"
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[quote=Anonymous]The issues that need to be taken care of for a child are: Housing - they take up space, as does their stuff Care - they cannot care for themselves for some time, the options cost in some way, either through a SAH or flexibly scheduled parent. We paid a lot in childcare befor public school, we currently use scheduling flexibility to care for them. Either one has a cost. Time has a value and an impact on salary potential. School - this is really a personal thing, there really are differences in educational options out there that I had never anticipated pre-children. I am very risk averse so we paid a premium to live close in with good schools, that is not the only option. Activities - varies by family but if you are a person that will want to support your children's interests this can get expensive Summer camp - a varient on care. Also a personal choice, I choose a mix of high cost camps because I think they are great for my kids and I can afford them, they are not the only option. I know parents that mix up the inexpensive DPR camps with more expensive camps to bring the average cost down. I do just 6 weeks of expensive camps and then use leave or family care for the rest of the summer. I spend what I do because I actually get joy out of supporting my kids how I can. At an older age it is more about choices and less about fundamental care. [/quote]
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