My mentioning of the mother spending child support money partially comes from the following:
"Sean Combs, a.k.a. "P.Diddy," agreed to pony up more than $4.5 million in child support for his youngest son, Christian, 3, the "New York Post" reported. The hip-hop star and the child's mother, model Kim Porter, reportedly reached a settlement on their own, and Porter and lawyers for both sides appeared in family court in New York Wednesday to make it official.
Though terms of the settlement were not disclosed, the "Post" reported that Porter will receive a lump sum of $150,000, plus $20,000 per month until Christian turns 21. In addition, Combs, 32, will pay for Christian's college and insurance costs as well as Porter's legal fees. Combs also took out a $2 million life insurance policy, to which Christian is beneficiary, the "Post" reported."
See:
Pay-Out for 'P. Diddy' in Child Support - Sean \P. Diddy\ Combs : People.com
SAN FRANCISCO — "Just like thousands of other out-of-work Americans, Barry Bonds went to court to lighten the load of his child-support payments.
Bonds, having to make do without his $4.75 million salary during the baseball strike, obtained a court order cutting his $15,000-per-month child- and spousal-support payments in half."
See:
Bonds Signs After Getting Break - Chicago Tribune
Now of course these are high profile entertainer/athletes but in reading these cases I ask the following question: How much it does it cost to raise a child?
Sources I've read state:
"A middle-income family may spend $234,900 to raise a child born in 2011 to the age of 18, a 3.5 percent increase in a year, according to a government report. Expenses for child care and education, transportation and food represented the biggest jumps, the U.S. Department of Agriculture said today in a report. Adjusted for anticipated inflation, a child in a middle-class family would cost $295,560 to raise, the department said."
See:
http://www.investmentnews.com/article/20120614/FREE/120619948
If these numbers are correct, Barry Bonds and Sean "Puffy" Combs provide more than enough financial support for their kids. I believe folks of this caliber pay these extraordinary amounts because:
1) They can afford it
2) Its not just about sustaining the lifestyle of the child, its also sustaining the lifestyle of both the child and the mother.
If a woman is getting $15,000 per month even in the most affluent community in California the woman can live off of that and then some. I have to question whether luxury is essential in raising a child.