Parents in Denial When It Comes to Child Costs

Discovery News:

New research suggests that people may exaggerate the perks of being parents to rationalize the financial costs of raising children.

Two studies, featured in the journal Psychological Science, measured more than 140 parents’ feelings after being presented with information regarding the hefty bill of raising a child. In the Northeast, raising one child to the age of 18 costs nearly $193,000, according to the research.

Read the whole story: Discovery News

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