Archive for the 'money-eating monsters' Category

Your Baby Cost You $700,000 in Lost Opportunity

If you didn’t know already, babies are money-eating monsters. As discussed in the previous article, the cost of raising a single child from birth through high school is a quarter million dollars.
But that’s just the direct costs.
Let’s look not only at those direct costs, but also the opportunity cost of child rearing.
A United States [...]

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Babies are money-eating monsters.

The world recently crossed a demographic threshold: as of mid 2008 more than 50% of the world’s population lives in cities. Despite the Malthusian predictions of the 70s, the population of industrialized nations is decreasing — and the cities are the cause. Cities act as population sinkholes for one simple reason: babies are [...]

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