Kids come with a lot of responsibilities and financial needs. You might enjoy some perks like free meal deals, free entrance when they are at a certain age and cheaper family dinners at certain restaurants but overall, raising children can be quite expensive.
In fact, according to the U.S. Department of Agriculture, an average family will need around $233,610 to raise a child from birth to the age of 17, to cover food, shelter and basic necessities. This amount does not include all the extra things parents usually pay for to make their children happy, like toys, electronics, birthday parties and so on.
That being said, check out these 12 things parents usually splurge on for their kids when they could be saving for retirement or their kids’ college education instead.