If I bought an average 4br 2 bath house today and got two average car leases and spent an average amount on utilities, taxes, food, kids clothes, and live an otherwise austere life, it would run about $7500/month.
If I wanted to save for vacations, hobbies for the kids… Pay for private school and college? Itd be about $14k/mo.
So basically raising 3 kids requires your household pulls down between $150k and 350k to live the American dream.
If I bought an average 4br 2 bath house today and got two average car leases and spent an average amount on utilities, taxes, food, kids clothes, and live an otherwise austere life, it would run about $7500/month.
If I wanted to save for vacations, hobbies for the kids… Pay for private school and college? Itd be about $14k/mo.
So basically raising 3 kids requires your household pulls down between $150k and 350k to live the American dream.
Minimum wage pays $14,500/year.