3 Financial Stats That Will Make You Reconsider Not Having Kids [Yahoo! Finance]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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Source: Yahoo! Finance
But it's not for everyone, so it's wise to consider how your life will change as a result. If you decide to have children, your finances will be impacted, too. Let me share some financial stats that may make you reconsider not having kids. 1. It costs around $300,000 to raise a child to age 17 In 2023, The Motley Fool Ascent's Here's How Much It Cost to Raise a Child study examined the financial impact of raising a family. Our research highlighted various stats regarding the cost of raising a child. Let's take a closer look. In 2015, the U.S. Department of Agriculture (USDA) estimated that a middle-income family spends an average of to raise one child to age 17. This figure doesn't account for inflation. Based on a 2022 Brookings Institution analysis of this USDA data, assuming an inflation rate of 4% for a child born in 2015 and raised until age 17, it would cost Many everyday living costs have continued to rise over the last few years, so raising a child born in 2024 and
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IAC
Earnings
- 2/13/24 - Beat
IAC
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 4/9/24 - Form PRE
- IAC's page on the SEC website