The Daily Stat: Why You Feel Broke When You're Raising a Child

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile NOVEMBER 15, 2012 Why You Feel Broke When You're Raising a Child The total cost of raising a child to full independence in the Northeast U.S., including food, clothing, health care, housing, transportation, entertainment, half of a typical college tuition, and Mom's lost wages, comes to $1.8 million, calculates journalist Nadia Taha. Concern that she might not be able to guarantee financial security for her family is a major factor in her decision not to have children, Ms. Taha writes in The New York Times. Source: The Cost, in Dollars, of Raising a Child Share Today's Stat: FEATURED PRODUCT HBR Guide to Finance Basics for Managers eBook Now Available Don't let your fear of finance get in the way of your success. Whether you're new to finance or you just need a refresher, this go-to guide will help you learn the language of finance, assess your vulnerability to industry downturns, use financial data to defend budget requests and much more. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS When Walmart Arrives, Other Supermarkets Shape Up Wide-Faced CEOs' Companies Perform Better Would You Recommend Your Job to Your Children? In Parts of Spain, Unemployment Is Worse than in Gaza Just a Little Meditation Causes Brain-Wave Changes Powerful People Think They're Taller Why You Lose Motivation Halfway Through a Task Forcing Yourself to Smile Can Reduce Stress China's Tobacco Company Reaps Profits from Country's Cigarette Addiction A Little Music Training in Childhood Goes a Long Way Introducing Mobile ManageMentor Powered by the proven content of Harvard ManageMentor™ iTunes >> Android >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2012 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)