3 Financial Stats That Will Make You Reconsider Having Kids [Yahoo! Finance]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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Source: Yahoo! Finance
Raising kids is expensive It would be utterly irresponsible to choose to have children without considering the financial implications. These three stats alone could be enough to make you think twice about your options. 1. It costs around $300,000 to raise a kid Right off the bat, the cost of raising a child should give you pause. There are a lot of zeros in that total. Worse, even if you break it down, it's still a lot. You're talking about $16,667 a year -- $1,389 a month -- for (at least) 18 years. Sure, this is an estimate. But even if it's half of that, you're still talking about $700 a month, every month, for almost two decades (if you're lucky). Child care costs alone can eat into your budget like acid. One Care.com survey suggests the average parent spends 24% of their household income on child care. That's nearly a quarter of your income gone before you start worrying about feeding, clothing, and entertaining your kids the rest of the time. (Fun fact: Kids' sports
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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