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March 3, 2007
Kidflation and the Cost of Raising InfoAge Children
The weekend WSJ has a frightening piece on how much many parents are spending to raise their children, from $800 strollers, to $2,000 SAT preps, to podcasting courses for 7-year-olds. All in all, it wouldn't be unreasonable, the writers argue, to say that many well-off parents are now spending over a million dollars per child.To be fair, I see in parenting circles here in San Diego that there is already a lashback against over-expensive theme birthday parties. But there is no doubt that guilt and paranoia -- fueled by the Internet, which has created a flat earth in parenting -- has led some parents to feel they have to provide more and more stuff for their kids to succeed.
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$1.6 million is crazy - there is really no rationale way you can get there unless you're making a $1 million a year and then if you look at it as a percentage of income you are likely the same as your average $50k household. Personally I calculated my own expected spending on my kids and came to $1.4 for two kids (see my calc here - http://www.sawickipedia.com/blog/2007/03/03/the-16-million-dollar-kid/.
mira este video que te va a parecer interesante y educativo para tu bolsillo y el de tu mama
How about some guilt and paranoia that they should actually spend more time with their kids developing a lifelong friendship and relationship that will reward them more than brand-name sneakers every will?