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Money Mondays

Are You Financially Ready to Have Kids?

Perhaps a better question is: will you ever be ready? Kids are expensive, in case you didn’t know. Statistics keep changing, but people generally seem to agree that the cost of raising a child to the age of 18 is approximately $200,000. Ouch! And that’s before they even go to college (or continue to live on your couch rent-free…well, don’t worry about that yet). The point is, most people who plan to have a child (or several) don’t have that many Gs on reserve. Does that mean they shouldn’t start trying to conceive?