People going the DINK route are mostly prioritizing careers over life. It's a vicious cycle for many, who end up changing their mind and spending alot of money and opportunity cost trying to make up for it.
People going the DINK route are mostly prioritizing careers over life. It's a vicious cycle for many, who end up changing their mind and spending alot of money and opportunity cost trying to make up for it.
- Daycare is 18k per year.
- Extra seat on airplanes, depending on your travel habits could be 2k
- Food, diapers, increased medical premiums might all total around 1500
That's like a 30% pay cut for a lot of people.
If you choose to join the cool kids club, you're paying the price of admission. I coach little league ($120/season) and do all sorts of activities with the kids that are fun, enriching and not outrageous. My kids will not see the Louvre or work on their Spanish in Barcelona on a school trip, but will somehow muddle through.