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TIMINGIS EVERYTHING
If you are a mom, then you’ve probably noticed that having babies is pretty expensive. Babies born today cost the average American family about a quarter of a million dollars before they turn eighteen, and that figure doesn’t even include college tuition. After considering inflation, we spend about 22 percent more on our children than our grandparents did, thanks largely to the cost of child care and higher standards for everything from food to clothing to activities.
For many women, the costliest part of having babies is the impact on our earnings—even if we stay in the workforce in some capacity, we might scale back our hours, get passed over for promotions (or opt out of them), or choose a more flexible but less lucrative ...
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