for those who have a kid or 2 already...

iVillage Member
Registered: 03-26-2003
for those who have a kid or 2 already...
6
Mon, 03-31-2003 - 8:17am
Financially speaking, I was just wondering if once you have ond child, does it make a huge difference financially to have a 2nd and 3rd? I was just wondering because I know with the first, you have to buy all new stuff like cribs, clothes, EVERYTHING! But a lot of that stuff could be used for the next kids right? So obviously having like 10 kids is more expensive than say 2, but how big of difference in your budgets does having 3 or 4 as opposed to 2? I'm mainly asking because DH would stop at 2 (but he did agree to 3) but I would really like 4 or 5. Hope this question makes sense! I don't even know if anyone here but Sarah can really answer it anyway so I might post it on another board too!

Thanks!

Laney wwt #1 Aug and liking this new format a little better each time!
Avatar for pkbw28
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Registered: 03-25-2003
Mon, 03-31-2003 - 11:56am
Hi Laney! I have 2 kids almost 4 years apart, and you're right, as far as basic needs, cribs, etc. The expense isn't too different. We only had the added expense of disposable diapers, since I breastfed. However, now that they are older, 9 & 13, I can tell you that the expense is great, in our case anyway. But, we are a family that seeks a lot of outside entertainment. School fees, sports, dance, eating out, going to the movies, etc. it all adds up. As far as the every day things like groceries, etc., there isn't really anymore expense. School clothes are another big expense. (Why is it that girls clothes cost more than boys?!! There's less material!!! LOL) So, anyway, yes, having more than one is an added expense as they get older, but I'm planning on number 3, so it can't be too bad, right?! LOL!! If money is a concern, there are wonderful ways to budget, and I believe that things always work out!! I hope I make sense! LOL And I hope you get that big family that you want! My parents raised 7 kids on less than $20,000 a year!! So it can be done! Good luck!~Penny
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Registered: 03-26-2003
Mon, 03-31-2003 - 12:38pm
Wow- your parents are awesome! Thanks so much for the advice! Also- thanks for the prayers and positive thoughts for DH and me.

Laney wtt#1 aug
iVillage Member
Registered: 03-19-2003
Tue, 04-01-2003 - 7:35am
This kind of depends...we kind of went cheap-o with our first round of supplies--cheap high chair (which we just had to retire after #2), cheap but perfectly safe and approved car seat, etc. That baby shower pumped tons of gifts in, LOL! But the crib we got was only $200 (and is holding up beautifully--you can hardly tell it's been used other than the teething marks from two kids, but they'd be on a $500 crib, too) and we never did buy the other nursery furniture. Obviously if you spend a lot of money on that stuff, it should last. And we had a girl then a boy, so there aren't a lot of shared clothes after the first three months or so, so that's kind of an expense but after you have one of each that's obviously not much of a problem unless there are huge seasonal differences. The biggest "extra" expenses for us are continuing diapers @$10/week and going out to eat--each kid adds $3-$7 (including the tip on the high end, LOL) to the bill. If you breast feed then you don't spend a fortune on formula, and baby food can be expensive but you can make your own (not me, buddy!). Our health insurance doesn't cost any more once we have two (2+ kids are the family plan, which is the same if there are 10 kids) but you still have to fork over copays for visits. And vacations, such as the one we're taking to Disney World, will cost you in terms of tickets, LOL. ($50 for ages 3+ ARGH). You might need to get a bigger car. And car seats can only be used for five years, so you'll go through a few of those (seats and boosters are required through age 8 here in VA). And FILM! LOL! But all things considered, it really doesn't noticibly impact our budget. The minivan sets us back $650/month, but that will be paid off (one day...). I guess it depends on how much you pick at the numbers, LOL!

Sarah

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iVillage Member
Registered: 03-26-2003
Tue, 04-01-2003 - 9:12am
Thanks for the helpful info Sarah! It's just something I was wondering... always planning ahead!

Laney ttc#1 aug
Avatar for ammarahs_mom
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Registered: 03-25-2003
Tue, 04-01-2003 - 10:25pm
Hi Laney! Ok, I only have a 2 year old so I'm not really an 'expert' - lol - but I just wanted to add education to the list of expenses that others have mentioned. I think that in terms of paying for education, that's where having more kids can put a bigger hole in your budget. Children are at school from the age of 3 or 4 up until their early 20s (assuming they go to college). Even if you send your kids to public school, the cost of books, stationery, field trips/camps, uniforms, lunches, levies etc. can be heaps. My mom almost fell over when I first started high school and saw the looong list of very expensive textbooks that I needed! If you send your children to a private school (and that option is pretty popular here in Australia; maybe not so much in the US) then you'll be paying thousands of dollars a year per child. College is supposed to be very expensive in the US, too, isn't it?

I think babies and pre-school children are fairly 'affordable'...but when it comes to school aged children - watch out! lol. I'm dreading the dough I'll be losing when my dd starts school in a couple of years...

Aisha

iVillage Member
Registered: 03-26-2003
Wed, 04-02-2003 - 8:12am
Good point! Education is expensive. Thanks for your input!

Laney