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[quote=Anonymous][quote] Private school $53k 
Car Insurance/Gas $2500 - 3k 
Braces $7k 
Travel Sport $4k (club fees and very little travel) 
Medical $3k (often more - ACL surgery/Physical Therapy/CoPays/Contact Lenses) 
Clothes/Hair $1500 (school uniform/weekend clothes/shoes/haircuts/sports equipment) 
Food $2k (wild guess - teen boys eat constantly) 
Travel $4k (vacations/college visits)

Some of these estimates are probably too low.

Bolded is discretionary.

#2 would be the case with or without kids. [/quote]
Agree on Private school.  You are wrong on #2 - that represents the increase in insurance costs for adding a teen male driver, plus gas.  Food estimate was way too low.  How are clothes and uniforms discretionary?  Clothes definitely are not (amount may be), and if uniforms are required they by definition are not discretionary. This list also did not include so many things noted by others - higher health insurance premiums, birthday/Xmas/party/teacher gifts, camps, college savings.  The older the kid is, the more expensive they are until they are independent.[/quote]

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