Published on Mommy Tracked (http://www.mommytracked.com)

Newsweek Calls Having a Kid a ‘Money Pit.’

In one of the most depressing stories in a while, Newsweek [1]  ran a story this past week which said, "Having a baby is the ultimate money pit." Then, to make matters worse, Jennifer Ordonez reported that: "To raise a kid to 18 costs $191,000. Throw in lost wages for a stay-at-home mom or dad, plus the cost of college, and by adulthood the little bundle of joy really will be a million-dollar baby." (May 2007) 

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