Courtesy of AskTheMoneyCoach.com

Lynnette Khalfani Cox, The Money Coach is a contributor to The Brand New Mommy

Any parent knows that kids can be awfully expensive.

They eat a lot, or sometimes not much at all, picking all over their food and wasting it.

They tend to sprout up like weeds, outgrowing clothes, shoes and even hats and gloves before those things get a proper wearing. (By that, I mean there should be holes in all those items before they’re handed down to a younger sibling).

And then, of course, kids want a lot of stuff. Can you say iPhone, Nintendo DS or Xbox 360 Kinect?

Little wonder that, in the past decade alone, the cost of raising a child from birth to age 18 has risen nearly 40% to $226,920. Continue reading “Got Kids? Here are 10 Tax Benefits For Parents” »

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