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The Kid Calculator: A Tool That Shows How Much Parents Spend to Raise Their Children

by David Sung

For all the parents out there, the Cash Store understands that having a child is one of life’s most rewarding experiences. It’s filled with both high and low points ranging from the first time you held your child to the frustrations of raising a rowdy teenager. There may have been times when your child knocked out a neighbor’s window, perhaps they just had to have the most expensive toy on the market, or maybe there was a fender bender or two involving your kid and the family car. You likely joked with your child that it would be nice to bill them for the costs. Well, now here’s your chance. Use the Cash Store Kid Calculator to tally up all of the expenses you've incurred raising your child and see how much you truly spent on them (all of it with a smile on your face, of course).

The calculator takes into account, what we like to call “standard” expenses , items like healthcare, food, and education while adjusting for how these expenses differ in different parts of the country. It also has a menu of non-standard expenses displayed as smartphone-like icons such as dance lessons, little league, prom, and many more for you to select so you can customize the invoice to experiences that only pertain to your child. The menu also shows credits that take away from the total cost. After all, perhaps junior has several redeeming qualities that helped with the expenses over the years.

When you have made your selections, you can create a personalized invoice with a line by line breakdown of each and every cost and credit. A certificate is also generated that shows how much your child owes you. You can print out a hard copy of the invoice, email it to anyone, or automatically share both the invoice and certificate with your friends, family, and most importantly, with your child on Facebook. We hope you enjoy using the calculator! Please share your results and feedback with us. We’d love to hear about it!

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