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Episodes / Parenting

57: The 5 Unexpected Costs of Raising a Child

March 18, 2019

Did you know that it NOW costs more than $233 000 to raise ONE child from birth to age 18?! We were floored to hear that six-digit number! We all know that diapers take up half of that expense (lol), but what about the other $100 000? In Episode 57 of The IMbetween Podcast, Daniel and Christina Im discuss the five unexpected costs of raising a child and ways to handle these costs. 

In This Episode, You Will Hear About:

  • The unexpected costs of raising a child
  • Ways to prepare and save for these unexpected costs

Resources Mentioned During the Episode:

  • Check out all our episodes about saving money:
    • Money-Saving Hacks
    • Money and Marriage (Interview with Art Rainer)
    • How to Raise a Money Savvy Kid (Interview with Rachel Cruze)
    • The Year of More Money In Your Pocket

Quotables:

  • “The estimated cost of raising a child from birth through age 17 is $233,610!“
  • “God first, marriage second, kids third.”
  • “You don’t have to do it all!”

Subscribe and Connect With Us:

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  • Instagram – @imbetweenshow
  • Twitter – @imbetweenshow
  • Facebook – @imbetweenshow
And don’t forget to subscribe to our podcast, so that you will never miss an episode!
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Daniel and Christina Im
about us

Daniel and Christina Im

We’re Daniel and Christina Im. Our heart’s desire and mission is to give you the tools to build a strong, connected, and joy-filled marriage and family.

Instagram

Ever feel like an imposter in your own life? @cassandralspeer shares her struggles with imposter syndrome. On episode 195 of the IMbetween Podcast, we delved into how these feelings of inadequacy can actually highlight our humility and dependence on God. It’s a poignant reminder that feeling unqualified doesn’t disqualify us from our purpose—it can be a step towards it.

Listen wherever you get your podcasts or at https://imbetween.org/epsiode195/
•
Follow
Ever feel like an imposter in your own life? @cassandralspeer shares her struggles with imposter syndrome. On episode 195 of the IMbetween Podcast, we delved into how these feelings of inadequacy can actually highlight our humility and dependence on God. It’s a poignant reminder that feeling unqualified doesn’t disqualify us from our purpose—it can be a step towards it. Listen wherever you get your podcasts or at https://imbetween.org/epsiode195/
2 weeks ago
View on Instagram |
1/5
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
•
Follow
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
3 weeks ago
View on Instagram |
2/5
🌟 Parenting Tip Alert! Ever find yourself overwhelmed by bursts of anger or frustration with your kids? You’re not alone. In our latest podcast episode, @aliciamichellecoach shares the ADD framework: Acknowledge, Discern, Decide. 

This three-step method helps parents navigate their emotions effectively. By understanding and validating our feelings, we can respond more thoughtfully to our children’s needs. Tune in to Episode 194 of the IMbetween Podcast (wherever you listen to your podcasts or at https://imbetween.org/episode194) for relatable stories and actionable advice on managing emotions in parenting.
•
Follow
🌟 Parenting Tip Alert! Ever find yourself overwhelmed by bursts of anger or frustration with your kids? You’re not alone. In our latest podcast episode, @aliciamichellecoach shares the ADD framework: Acknowledge, Discern, Decide. This three-step method helps parents navigate their emotions effectively. By understanding and validating our feelings, we can respond more thoughtfully to our children’s needs. Tune in to Episode 194 of the IMbetween Podcast (wherever you listen to your podcasts or at https://imbetween.org/episode194) for relatable stories and actionable advice on managing emotions in parenting.
4 weeks ago
View on Instagram |
3/5
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
•
Follow
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚ Luna was sad to be home all alone after a summer full of cuddles from the kids.
1 month ago
View on Instagram |
4/5
Thanks to everyone who wished me a happy birthday. You all represent different times and aspects of my life made all the more meaningful and brighter because of your presence. 

My 40s started off with me doing some pretty deep healing, learning to dream again, learning my limits, learning how to say no, learning to ask for what I needed, and learning to listen to my body. It has been a bumpy and beautiful journey.

8 weeks ago, I felt my body start to crave running again. Since my concussion 6 years ago, I haven’t been able to run without it resulting in a massive migraine. Running was not only something I no longer enjoyed, it was an activity that caused me deep pain. I was quite surprised when I felt this urge to run, but I’ve learned to listen to my body. I also knew it had been a LONG time since my feet had hit the pavement in a speed faster than a walk, so I needed to take it slow. I also needed to re-learn how to run. 

I started the Peloton run outdoors program. My first run outdoors was a bit chaotic and quite humorous; I felt completely out of my element and could only run 2 minutes without needing to walk. But, what I would have previously labelled ā€œembarrassingā€ (which would have led me to quit), felt more like I was honouring what my body was signalling to me. I did not have a headache and it felt good. 

Fast forward 2 months and I finished my Peloton running outdoors program today where I ran 30 minutes straight without walking or stopping…a huge accomplishment as compared to day one. I think I will always be learning how to love and accept my body, but today, I rejoice that I am one step closer.
Thanks to everyone who wished me a happy birthday. You all represent different times and aspects of my life made all the more meaningful and brighter because of your presence. 

My 40s started off with me doing some pretty deep healing, learning to dream again, learning my limits, learning how to say no, learning to ask for what I needed, and learning to listen to my body. It has been a bumpy and beautiful journey.

8 weeks ago, I felt my body start to crave running again. Since my concussion 6 years ago, I haven’t been able to run without it resulting in a massive migraine. Running was not only something I no longer enjoyed, it was an activity that caused me deep pain. I was quite surprised when I felt this urge to run, but I’ve learned to listen to my body. I also knew it had been a LONG time since my feet had hit the pavement in a speed faster than a walk, so I needed to take it slow. I also needed to re-learn how to run. 

I started the Peloton run outdoors program. My first run outdoors was a bit chaotic and quite humorous; I felt completely out of my element and could only run 2 minutes without needing to walk. But, what I would have previously labelled ā€œembarrassingā€ (which would have led me to quit), felt more like I was honouring what my body was signalling to me. I did not have a headache and it felt good. 

Fast forward 2 months and I finished my Peloton running outdoors program today where I ran 30 minutes straight without walking or stopping…a huge accomplishment as compared to day one. I think I will always be learning how to love and accept my body, but today, I rejoice that I am one step closer.
•
Follow
Thanks to everyone who wished me a happy birthday. You all represent different times and aspects of my life made all the more meaningful and brighter because of your presence. My 40s started off with me doing some pretty deep healing, learning to dream again, learning my limits, learning how to say no, learning to ask for what I needed, and learning to listen to my body. It has been a bumpy and beautiful journey. 8 weeks ago, I felt my body start to crave running again. Since my concussion 6 years ago, I haven’t been able to run without it resulting in a massive migraine. Running was not only something I no longer enjoyed, it was an activity that caused me deep pain. I was quite surprised when I felt this urge to run, but I’ve learned to listen to my body. I also knew it had been a LONG time since my feet had hit the pavement in a speed faster than a walk, so I needed to take it slow. I also needed to re-learn how to run. I started the Peloton run outdoors program. My first run outdoors was a bit chaotic and quite humorous; I felt completely out of my element and could only run 2 minutes without needing to walk. But, what I would have previously labelled ā€œembarrassingā€ (which would have led me to quit), felt more like I was honouring what my body was signalling to me. I did not have a headache and it felt good. Fast forward 2 months and I finished my Peloton running outdoors program today where I ran 30 minutes straight without walking or stopping…a huge accomplishment as compared to day one. I think I will always be learning how to love and accept my body, but today, I rejoice that I am one step closer.
2 months ago
View on Instagram |
5/5
@imbetweenshow

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Hello Instagram

Ever feel like an imposter in your own life? @cassandralspeer shares her struggles with imposter syndrome. On episode 195 of the IMbetween Podcast, we delved into how these feelings of inadequacy can actually highlight our humility and dependence on God. It’s a poignant reminder that feeling unqualified doesn’t disqualify us from our purpose—it can be a step towards it.

Listen wherever you get your podcasts or at https://imbetween.org/epsiode195/
•
Follow
Ever feel like an imposter in your own life? @cassandralspeer shares her struggles with imposter syndrome. On episode 195 of the IMbetween Podcast, we delved into how these feelings of inadequacy can actually highlight our humility and dependence on God. It’s a poignant reminder that feeling unqualified doesn’t disqualify us from our purpose—it can be a step towards it. Listen wherever you get your podcasts or at https://imbetween.org/epsiode195/
2 weeks ago
View on Instagram |
1/5
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
•
Follow
Happy birthday to my bestest friend @danielsangi and the person who makes me laugh harder and louder than anyone else in this world. Life with you is more beautiful, whimsical, adventurous, full, and fun than I ever imagined. Today, we celebrate you and the gift your presence is to us. Love you forever!
3 weeks ago
View on Instagram |
2/5
🌟 Parenting Tip Alert! Ever find yourself overwhelmed by bursts of anger or frustration with your kids? You’re not alone. In our latest podcast episode, @aliciamichellecoach shares the ADD framework: Acknowledge, Discern, Decide. 

This three-step method helps parents navigate their emotions effectively. By understanding and validating our feelings, we can respond more thoughtfully to our children’s needs. Tune in to Episode 194 of the IMbetween Podcast (wherever you listen to your podcasts or at https://imbetween.org/episode194) for relatable stories and actionable advice on managing emotions in parenting.
•
Follow
🌟 Parenting Tip Alert! Ever find yourself overwhelmed by bursts of anger or frustration with your kids? You’re not alone. In our latest podcast episode, @aliciamichellecoach shares the ADD framework: Acknowledge, Discern, Decide. This three-step method helps parents navigate their emotions effectively. By understanding and validating our feelings, we can respond more thoughtfully to our children’s needs. Tune in to Episode 194 of the IMbetween Podcast (wherever you listen to your podcasts or at https://imbetween.org/episode194) for relatable stories and actionable advice on managing emotions in parenting.
4 weeks ago
View on Instagram |
3/5
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚

Luna was sad to be home all alone after a summer full of cuddles from the kids.
•
Follow
V started high school today, A entered her last year of middle school, and M began his last year of elementary. Not sure how we have kids this old @danielsangi šŸ˜‚ Luna was sad to be home all alone after a summer full of cuddles from the kids.
1 month ago
View on Instagram |
4/5
Thanks to everyone who wished me a happy birthday. You all represent different times and aspects of my life made all the more meaningful and brighter because of your presence. 

My 40s started off with me doing some pretty deep healing, learning to dream again, learning my limits, learning how to say no, learning to ask for what I needed, and learning to listen to my body. It has been a bumpy and beautiful journey.

8 weeks ago, I felt my body start to crave running again. Since my concussion 6 years ago, I haven’t been able to run without it resulting in a massive migraine. Running was not only something I no longer enjoyed, it was an activity that caused me deep pain. I was quite surprised when I felt this urge to run, but I’ve learned to listen to my body. I also knew it had been a LONG time since my feet had hit the pavement in a speed faster than a walk, so I needed to take it slow. I also needed to re-learn how to run. 

I started the Peloton run outdoors program. My first run outdoors was a bit chaotic and quite humorous; I felt completely out of my element and could only run 2 minutes without needing to walk. But, what I would have previously labelled ā€œembarrassingā€ (which would have led me to quit), felt more like I was honouring what my body was signalling to me. I did not have a headache and it felt good. 

Fast forward 2 months and I finished my Peloton running outdoors program today where I ran 30 minutes straight without walking or stopping…a huge accomplishment as compared to day one. I think I will always be learning how to love and accept my body, but today, I rejoice that I am one step closer.
Thanks to everyone who wished me a happy birthday. You all represent different times and aspects of my life made all the more meaningful and brighter because of your presence. 

My 40s started off with me doing some pretty deep healing, learning to dream again, learning my limits, learning how to say no, learning to ask for what I needed, and learning to listen to my body. It has been a bumpy and beautiful journey.

8 weeks ago, I felt my body start to crave running again. Since my concussion 6 years ago, I haven’t been able to run without it resulting in a massive migraine. Running was not only something I no longer enjoyed, it was an activity that caused me deep pain. I was quite surprised when I felt this urge to run, but I’ve learned to listen to my body. I also knew it had been a LONG time since my feet had hit the pavement in a speed faster than a walk, so I needed to take it slow. I also needed to re-learn how to run. 

I started the Peloton run outdoors program. My first run outdoors was a bit chaotic and quite humorous; I felt completely out of my element and could only run 2 minutes without needing to walk. But, what I would have previously labelled ā€œembarrassingā€ (which would have led me to quit), felt more like I was honouring what my body was signalling to me. I did not have a headache and it felt good. 

Fast forward 2 months and I finished my Peloton running outdoors program today where I ran 30 minutes straight without walking or stopping…a huge accomplishment as compared to day one. I think I will always be learning how to love and accept my body, but today, I rejoice that I am one step closer.
•
Follow
Thanks to everyone who wished me a happy birthday. You all represent different times and aspects of my life made all the more meaningful and brighter because of your presence. My 40s started off with me doing some pretty deep healing, learning to dream again, learning my limits, learning how to say no, learning to ask for what I needed, and learning to listen to my body. It has been a bumpy and beautiful journey. 8 weeks ago, I felt my body start to crave running again. Since my concussion 6 years ago, I haven’t been able to run without it resulting in a massive migraine. Running was not only something I no longer enjoyed, it was an activity that caused me deep pain. I was quite surprised when I felt this urge to run, but I’ve learned to listen to my body. I also knew it had been a LONG time since my feet had hit the pavement in a speed faster than a walk, so I needed to take it slow. I also needed to re-learn how to run. I started the Peloton run outdoors program. My first run outdoors was a bit chaotic and quite humorous; I felt completely out of my element and could only run 2 minutes without needing to walk. But, what I would have previously labelled ā€œembarrassingā€ (which would have led me to quit), felt more like I was honouring what my body was signalling to me. I did not have a headache and it felt good. Fast forward 2 months and I finished my Peloton running outdoors program today where I ran 30 minutes straight without walking or stopping…a huge accomplishment as compared to day one. I think I will always be learning how to love and accept my body, but today, I rejoice that I am one step closer.
2 months ago
View on Instagram |
5/5
@imbetweenshow
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