Follow Us: Google+
 
Bankrate.com

smart spending

5 smart money lessons from reality TV

'19 Kids and Counting': Prioritize your needs
Next
4 of 6
Back
'19 Kids and Counting': Prioritize your needs

On average, it costs $1,160 per month to raise a child, says Keith Weber, a Certified Financial Planner in Fort Collins, Colo. Multiply that by 19 kids and by 12 months, and you've got the dollar amount that the Duggar family might spend each year on child rearing.

The reality TV show "19 Kids and Counting" demonstrates how imperative it is that we prioritize how we spend our money, Weber says.

The family is their No. 1 priority. Every child on the show is fed, clothed and housed, and you don't see a lot of miscellaneous spending. It comes down to knowing what your priorities are. The Duggars value relationships more than material items.

The Duggar family doesn't seem to have the things that clutter the rest of people's lives, Weber says.


 

 

advertisement

Show Bankrate's community sharing policy
            Connect with us
Compare Rates
advertisement
Most Read
  1. 10 ways to turn off a homebuyer
  2. No more Social Security at 62?
  3. What TV homes cost in real life
  4. 5 frugal ways to expand living space
  5. Naughty things credit card won't buy
  6. What it takes to remodel kitchen
  7. Danny Bonaduce's house for rent
  8. Bruce Willis' house for sale
  9. 12 meanest cars for the environment
  10. Celebrity estate planning mistakes
advertisement
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.