Counting the Costs: From Pregnancy to College – The Financial Realities of Raising Kids

if you ever wondered how much it cost to have kids keep watching and if you’re new here hi I’m Natalie I break down all things money so follow to learn more starting with expenses from pregnancy to delivery the total average based on insurance benefit claim is about $18,900 now this number is dependent on the type of birthing method and time you spend in the hospital see the difference here but this number is significantly cheaper if you have a health insurance plan now the annual essential expense will range depending on where you live but in 2021 minus child tax credits that came out to be about $21,700 based on that number if you support the kid until 18 years old that’s about $392k and if you have two kids that’s about $785K and that’s not including the cost to send your kids to college the average cost of a four year college degree is about $108.6K with these numbers you can’t deny that having kids is expensive and that’s probably why we’re starting to see more DINKs or people choosing to have kids later in life so you can do the math for your ideal family situation it’s probably best to start saving up for it if you plan to have them what are your thoughts on this comment below