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14 Ways Parents Waste Money on Kids

Cheapism Logo By Raechel Conover of Cheapism | Slide 1 of 15: Kids are expensive, despite some free meal deals and cheap family restaurants. According to the US Department of Agriculture, the average cost of raising a child from birth to the age of 17 is $233,610 for food, shelter and basic necessities. There are a lot of things parents are tempted to buy for kids, and a lot of it is a waste of money in the long run. Here's a look at how parents waste money on kids when they could be saving more money for retirement or their kids' college education.
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No Kidding

Kids are expensive, despite some free meal deals and cheap family restaurants. According to the US Department of Agriculture, the average cost of raising a child from birth to the age of 17 is $233,610 for food, shelter and basic necessities. There are a lot of things parents are tempted to buy for kids, and a lot of it is a waste of money in the long run. Here's a look at how parents waste money on kids when they could be saving more money for retirement or their kids' college education. 

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