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Don't forget the interest for x years, where x is your current age. You probably think student loans are bad. Student loans aren't in it. It now costs around $3
by Turing_Machine 3y ago
Don't forget the interest for x years, where x is your current age. You probably think student loans are bad. Student loans aren't in it. It now costs around $300,000 to raise a child to age 18, and that's just out-of-pocket expenses by the parents. That doesn't count all the schools and societal infrastructure that are paid for either by taxes on the parents (and non-parents!) or by direct payments.
https://www.washingtonpost.com/business/interactive/2022/cost-raising-child-calculator/ https://www.washingtonpost.com/business/interactive/2022/cos...
Also don't forget that you, too, will be old. A lot sooner than you probably think.
- throwaway6734 3y agoWhat country to you think has figured out how to care for their aging population? Most of Europe has incredibly low birthrates, an aging populaton, and low growth. The US is looking at massive social security and medicare shortfalls in a decade.
- renewiltord 3y agoMy parents, doctors in their 60s treated people through the pandemic and wrote to prioritize the lives of the young over the old. I hope to be like they are and make room for our coming generation when my I am their age. My parents prioritized me and my generation. I will do so as well. Other cultures will vampirically parasitize their children but mine will not.