4.8 • 1.3K Ratings
🗓️ 1 November 2017
⏱️ 38 minutes
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0:00.0 | You're listening to an airwave media podcast. |
0:04.0 | Her money is supported by Fidelity Investments. Together we're here to empower, educate, and |
0:16.6 | encourage women to start talking about money. Discover more at Fidelity.com slash It's Time. |
0:24.0 | Her money comes to you through PRX. Hey everybody it is Jean Chatsky and if you're a parent even if you're a parent |
0:41.8 | of just a newborn, then you know kids are not cheap. |
0:47.2 | This year's Department of Agriculture Data, and just wait for these numbers, people. |
0:52.4 | It says that a middle income married |
0:54.8 | couple with two kids is expected to spend around a quarter million dollars to |
1:00.6 | raise one child born in 2015 and that does not by the way include college. |
1:08.0 | I mean those numbers are just astonishing. I remember I used to do stories about these numbers when they |
1:14.1 | would come out when I was reporting for smart money and then money and they |
1:18.1 | always started with a one. I don't know when the page flipped and they started with |
1:22.2 | a two but yes they like the cost of |
1:25.1 | college which can equal that if you go to private school just go up and up and up and |
1:29.6 | and what about if you are a parent of a child with special needs? |
1:35.0 | A parent of a child with autism, for example? |
1:38.0 | Well, one study estimates that the lifetime costs of treating and caring for an individual with autism can range |
1:46.2 | from 1.5 to 2.5 million dollars depending on intellectual level of disability or ability and some reports say even higher. |
1:56.8 | So this week we are diving in. |
1:59.2 | We are speaking with somebody who is experiencing these costs, this scenario firsthand. |
2:07.0 | She also happens to be just a lovely person and a pleasure to spend time with. |
2:12.4 | Yeah, and she'll agree with that. |
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