Go to the Globe and Mail homepage  Jump to main navigationJump
to main content  Globe Investor  Trading Shots  A new forum for
investing hot topics and reader-driven discussions  Entry
archive:  Baby sitting on pile of money (Comstock/Getty
Images/Comstock Images)  Trading Shots  Are your kids costing
you too much money? Add to ...  Recently an acquaintance made a
blanket statement about families with children, suggesting a
strong link between the number of mouths they feed with how
financially up the creek they are.  Yikes. We know kids cost
money. But how much money, and is it cut and dried enough to
place a price tag on parenthood?  More Related to this Story
Business writer Camilla Cornell did some serious number
crunching and arrived at a total bill of almost $250,000 ,
assuming you eject the child from the nest on their 19th
birthday. That works out to $13,157.89 per year, which would
mean someone in a 30 per cent tax bracket would need to earn
almost $19,000 extra to support those extra costs without