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The Average Parent Spends More Than $78,000 on Each of Their Kids By the Time They Turn 18


 
We're in the middle of the stretch between Mother's Day and Father's Day, where kids are really supposed to appreciate their parents.  And based on these numbers . . . a homemade coffee mug isn't CLOSE to cutting it.
 
According to a new study, the average parent spends more than $78,000 on each of their kids, from the time they're born until they turn 18.
 
It's based on the fact that the average parent spends about $4,300 per year on clothes, shoes, lessons, activities, camps, sports, allowance, and presents.
 
The biggest chunk of that comes from clubs, sports, and camps, which come in around $1,240 per year.  Birthday presents, Christmas presents, and parties are the next biggest expense, at $566 per year.  Even haircuts cost $72 per year.
 
The study found there's not a huge difference between raising a boy and a girl . . . girls only end up costing an extra $76 per year.  
 
(Daily Mail) 
 



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