Imperfect Dad MD Podcast with Dr Jeremy Toffle

The Cost to Raise a Child

Doctor Podcast Network Episode 133

This past month an article was released by the Brookings Institution (and thus several news agencies) focusing on the cost to raise a child in 2020.  They estimated that by the time that child finished high school at 17 years or age, you will have spent over 300000 dollars on them.  That's a lot of money!

However, the topic of money and how much you spend on your kids is not as simple as this estimate suggests.  This estimate would have you spending about 18000 a year on them.  I know physicians that spend more than that on private schools alone.  

When we look at the cost of raising our children, it is important to understand where our money goes and WHY we spend that money in the first place.

Listen in this week as I discuss my thoughts on the numbers above and how it applies very differently to physicians than it does to the general population. 
 
Remember to SUBSCRIBE and LEAVE A REVIEW!  I want to be able to help as many dads and parents out there, and I can't do it without YOUR help!

Interested in more topics not covered here?  Check out my blog at https://www.imperfectdadmd.com  to see if I discussed it there. 

Can't find what you are looking for?  Send me an email either at my website above or at imperfectdadmd@gmail.com and I can try to cover it in my next show.