Originally Posted by mommaof3boz
When they are teenagers is when it really hits. (see my signature for my knowledge base). They eat like locusts. And not one of my children are overweight. Seriously, you can't imagine how much they eat. You can't pass down anything but shirts because everything is worn out when they outgrow it. jeans and shoes are a nightmare. Thrift stores dont cut it for rapidly growing teens. you can't ever find what you need when you need it. braces. glasses. acne treatment. sports. driving. and don't forget about college. not that we are paying their way, but we certainly want to help them if possible. computers. flashdrives for school. increased electricity use and water consumption. Not that i am detering anyone from children but I'm just being realistic.
Originally Posted by yeahwhat
It's not baby number 2 (or 3 or 4) that costs much money. It's child and teenager number 2 (etc.). My 3yo costs us next to nothing. My 12, 9, and 7 year olds, however, eat a ton of food, need space of their own (bigger house), take swimming lessons, like new (to them) clothes and toys once in a while, and have school fees (even in public school), among other costs.
Originally Posted by Usually Curious
Our little boys (4.5, 3 & 10mo) cost us very little. It's the teenagers that kill us!
When my kids hit the age to start sports ... yikes! Cleats, basketball shoes, fees, gas, gate admissions.
But the first five years ... nah.
Yes, yes, yes! ITA. BABIES cost practically nothing....toddlers not so much...but KIDS cost more, and TEENS cost OMG a lot.
Right now we have at home a 17, 14, 13, 6 and 3 yo, just so you know where im coming from.
1 to 2 kids isn't as bad, since you are just multiplying by 2. but it does still add up. A single week of horse camp is over $500. Times 2 . (or 3 or 4..etc) Even just by letting each child do ONE activity, it adds up. Wrestling cleats are $100, and they were outgrown before the end of the season!!! Even little things like gymnastics and dance classes at the YMCA, at $50/class...well..times 2 or 3...adds up. At the 2 kid mark, you wont need a minivan, or to book 2 hotel rooms for trips, etc, or even a bigger house necesarily, but yes, stuff like that adds up. We will NOT TALK about how much 3 teen boys eat. Really.
I also find it much easier to SAY you'll just never go anywhere or do anything than it is to actually do it. Sure, some stuff is free...but like a pp said..what about when your kid is older and has friends and they get invited to birthday parties? That costs money. scouts? sports? clubs? electronics, school fees, homeschooling costs, pets? And teens don't want a $5 dolly for Xmas..thety want their own laptop, cell phone, etc. Clothes, shoes, boots, coats....and yes, the gifts drop off dsramatically after the baby stage!
Plus, as someone has said, the loss of a SAH parents income, even if you would be working a min. wage job, is $15k/year, minimum. That affects overall lifestyle as well as lifetime earning potential, retirement savings, social security, etc.
Then.. to talk about the "what if" questions if your marriage doesn't work...if you end up a single mom to 2 kids instead of 1, and have to pay daycare for 2, after school care, etc...stuff like that can really become significant.
'And of course there are the other "what if" questions..the next child could have serious issues, medical problems, allergies, etc. There is both a financial and emotional cost to those potential issues. Your planned homebirth could end up an emergency C Section with a 15 day NICU stay..even with good insurance, a 10% co-pay on that could be thousands of dollars. Special formula for an allergic baby could set you back hundreds per month.
If you have a boy and a girl, maybe dh loses his job, you lose your home, and you have to rent..except with 2 kids of opposite genders you MUST rent a 3 bedroom....little things like that.
So...anyway...we have a ton of kids, lol, I'm not trying to talk anyone OUT of having kids they desire...but yes, there is a lot to consider, and as a mom of a child barely more than an infant, a lot of it is stuff you can't even conceive of right now. :)