The High Cost of Parenting (as reported by Melanie Hicken on Finance.Yahoo.Com)

Raising a kid is expensive. That comes as no surprise. But the actual price tag may cause your jaw to drop just a bit. The U.S. Department of Agriculture released a report the other day that estimated the cost of raising a child born in 2012 for 18 years is over $240,000. And since 2000, the cost of child care has increased twice as fast as the median income of people with children. Read the full story by clicking here.

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