What is the total cost of raising a child from birth to age 18?
$1,000,000
$10,000
$500,000
$240,000
The cost of raising a child varies by region
True
False
The annual food cost goes _____ as children get older.
up
down
Which of the following is not one of the top 3 stressors for millennial parents?
saving for their child's education
saving for vacation
not saving enough
saving for retirement
What does a non-caeseran birth cost in NYC?
$500,000
$50,000
$1,000,000
$4,000-$17,000
Which of the following is NOT a question you should ask you insurance provider before having a child?
Which care providers are in my network?
How much will I have to pay out of pocket?
What procedures are and are not covered?
How is the food in the cafeteria?
What is your yearly deductible?
Money you need to pay before the insurance covers the rest
Money taken from your pay check
Subsequent costs decrease over 20% per child after the first born.
False
True
What is one way to save money when raising children?
Answers will vary
How much does daycare average per month?
about $1,500
about $1,000
about $2000
about $400
About how many families report spending 20% or more of their income on daycare?
half
1 in 3
all
