Check out this headline from The Telegraph:
Cost of a child hits record £222,000
That’s $350,000 in American dollars. Subtitle: “The cost of raising a child has hit an all-time high, according to a new report, heaping pressure on families already coping with cuts to child benefit.” I suppose that means welfare.
The article explains the obvious inflation of care, but totally tanks with its recommendations for how to cut expenses. No kidding, they suggest three solutions to the high cost of raising children:
- Wait for the kids to grow up so you can transfer them from daycare to school
- Apply for working tax credits (aka let the government give your money back)
- Apply for daycare vouchers (aka welfare programs for “free” childcare)
Gee, we’re talking nearly a half-million bucks. Wouldn’t quitting the second job and raising your children at home be on the list?
Who are writing these articles? Oh yes, they are journalists, dual-income parents, private-school folks. I suppose that lifestyle is what is getting more and more expensive. The headline should read:
Cost of expanding your journalism career while pretending to raise a family hits record £222,000
Just an idea. What do you think?