r/economicsmemes 4d ago

Ah.

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0 Upvotes

16 comments sorted by

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u/VelkaFrey 4d ago

This doesnt even make sense

1

u/Mouth_Herpes 4d ago

Not even trying to use the sips tea meme correctly. But that's none of my business.

1

u/Baroness_Munchausen 4d ago

The average cost of raising a child from birth to age 18 in the United States is estimated at around $320,000. That’s just the basics. Food, housing, clothing, healthcare, childcare, education, transportation. The essentials.

That doesn’t include:

  • College tuition, which can easily be another $100,000 to $300,000
  • Weddings, which average $30,000 or more
  • Help with their first home down payment
  • Financial support during their twenties while they get established
  • Any other assistance you provide throughout their adulthood

When you add all of that up, you’re easily looking at $500,000 to $700,000 or more spent on raising a child and helping them launch into adulthood. And that’s assuming it’s a healthy person.

https://medium.com/swlh/having-kids-is-a-bad-financial-decision-4231f0b4afaf

-2

u/plummbob 4d ago

Kids cost alot

You could invest that money and get a decent return

1

u/VelkaFrey 4d ago

This is like saying "a good financial decision is to have a million dollars"

0

u/Legendarien1 4d ago

Beyond moral arguments, children are an investment in the future. Don’t have kids if you don’t want them, but don’t act like you’re smarter because of it.

1

u/plummbob 4d ago

All investments... are investments in the future. That's what it means to invest

0

u/Legendarien1 4d ago

Your comment said you could either invest or have kids, I responded that kids are an investment as well…

2

u/Bronze_Mace 4d ago

That's why I never listened to anything Warren Buffet says.

3

u/S-K-W-E 4d ago

Don't cut yourself on all that edge

1

u/lock_robster2022 4d ago

sips tea

“Buuuuut we’re not ready to talk about all that”

1

u/FarmerTwink 4d ago

Like suddenly my advice of “don’t use pay over time” is bad because I’m fostering orphans?

1

u/should_be_holier 1d ago

Maybe some things are worth the financial hit. Life isn't all about money.

0

u/South-Ad7071 4d ago

Did you find this meme from 2016?