money
Show 42: Excerpt - The Cost of Raising Kids
Submitted by KTD on August 24, 2011 - 2:58pm
In addition to considering one's own physical and mental health when starting a family, financial health is also a serious consideration - whether it's your first child or you're planning for baby number three. Let's face it - kids are expensive - the USDA's Expenditures on Children by Families 2010 report estimates that raising a child from birth to age eighteen will cost around a quarter of a million dollars - and that doesn't even include college. How can parents best prepare for these costs?
• USDA's Cost of Raising a Child Calculator
Producer Sarah Gonzales speaks with Stacey Bradford, author of The Wall Street Journal Financial Guidebook for New Parents and Family Finance columnist for CBS Money Watch, to get her two cents.
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  This show is made possible by the Association of Alaska School Boards’ Initiative for Community Engagement, an initiative funded by the US Dept. of Education to provide Alaskans with information, tools and assistance to work together and engage in the shared responsibility of preparing Alaska’s children and youth for the future. |