Cost of Children $1 Mil???

Discussion in 'Current Events' started by Annie, Mar 3, 2007.

  1. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    This is weird, WJ, take note! :

    http://online.wsj.com/public/articl...U8iFMud5NuudceiFBmWPc_20080302.html?mod=blogs

     
  2. William Joyce
    Offline

    William Joyce Chemotherapy for PC

    Joined:
    Jan 23, 2004
    Messages:
    9,693
    Thanks Received:
    1,135
    Trophy Points:
    190
    Location:
    Caucasiastan
    Ratings:
    +1,349
    I say it's propaganda to discourage those who'd read the article from having children. On the other hand, daycare isn't promising to be free...
     
  3. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    I don't know about that, seems a bit out there to me. I will admit that when my daughter was in 3rd-4th grade, we spent a bit on her parties, though they did seem a bargain at the time. Rented rooms at Raddison, used their pool for party. Ordered in pizza, subs, depending on the year. Several children stayed over pre-arranged. Brunch in morning.

    Then there are the music/drama/sports lessons. Sports coaches, voice coaches.

    College testing prep courses.

    On and on.

    Necessary, no. Hard to say no to, depending on where you live? Very.
     
  4. Mr.Conley
    Offline

    Mr.Conley Senior Member

    Joined:
    Jan 20, 2006
    Messages:
    1,958
    Thanks Received:
    115
    Trophy Points:
    48
    Location:
    New Orleans, LA/Cambridge, MA
    Ratings:
    +116
    I'm reallly not surprised by these numbers. Most of the top boarding schools and New York privates are $30,000+ a year. Andover I know hit $38,000 this year and is probably going to go for $40G next year. And some of these places start with Pre-K. Add in all the test prep, SAT courses, and tuitoring and the bill goes even higher. Then you have all the crap the people buy today: ipod's, cell phones, clothes, makeup, vacations, trips, etc. I remember in high school I had a friend whose parents gave him a $60,000 annual expense account to use as he saw fit. It's really incredible the stuff some people do with their money.
     
  5. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    And rarely good for their children.
     

Share This Page