Is the third child really the new Birkin bag?
Financial advisor Eryn did the math: A low-end Birkin costs $11K. Childcare for three kids in a high cost-of-living area? $80K per year—times 18 years.
In the finale of our Motherhood, Money & Choice series, Eryn joins Stephanie to break down the real costs of parenthood that nobody talks about in detail. Not just the daycare bills, but:
-> IVF costs: $15K-$30K per cycle (with corporate insurance varying wildly)
-> The $300/year to store frozen eggs that 98% of people never use
->The hidden costs women pay: Lower lifetime social security benefits, career re-entry at lower levels, and the "motherhood penalty" even if you don't have kids
-> The lack of paid leave for 76% of US workers
But here's what matters most: These numbers aren't meant to scare you. They're meant to empower you to make informed choices.
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