We all have certain goals in life. Goals that involve your own yacht and a private island. Sometimes, there are certain sacrifices one must make to attain these goals. Turns out, having kids is what is holding you back from living like a King or Queen. On Monday, the United States Department of Agriculture released its annual “Expenditures on Children and Families” report. The results will make your bank account cringe.
From The Wire:
Parents with an income of between $61,530 and $106,540 will spend approximately $245,340, while those making more than $106,540 can expect to dish out $407,820.
I think my parents shortchanged me a bit, so they’ll be receiving a bill. The report broke it down a little more stating that “a middle income family will spend $12,800 to $14,970 per year for each child.” Doing a rough estimate, my math comes out to about 16.7 years that parents will be spending this amount on you to reach the average $250K.
Think about that for a second, this doesn’t really include the cost of sending these little shits off to college. That yacht is looking a lot better now, isn’t it? Sorry to the little Jimmies of the world, but as much as I look forward to terrorizing little league umpires as your coach, I also have needs and one of those is to be on a yacht off the shores of Croatia, just living the dream.
[via The Wire]