Teen Mother’s Should Think Twice Before Having a Child

As I am compiling my presentation for a community intervention, in hopes to control the increase of teen pregnancy in rural counties, I happened to find this article. The expenses to raise one child is difficult, especially for teen mothers who have insufficient financial backing.

Raising Your $250,000 Baby

Article Excerpt (source: MSM Money)

“Though not as steep, the figures for lower-income families are just as unsettling: $184,320 for families earning $41,700 to $70,200 and $134,370 for families making less than that. That breaks down to nearly $15,000 a year from birth to age 2 for families in the $65,800 -plus income bracket. As your child ages, he or she gets even more expensive, topping out at $15,810 from ages 15 to 17. This is no back-of-the-envelope guesstimate. The survey involves visits to, and interviews with, about 5,000 households, four times a year.”

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