We spend tons of money on our children starting from the day they are born. Add up expenses, diapers, formula, if not breastfed, baby food, pediatrician, meds, clothes, shoes, car seat, stroller, high chair, toys, crib, changing table, chest of drawers, bike, scooter, wagon, daycare, school tuition, sports, music lessons, gymnastics, dance, art lessons, theatre lessons, summer camp, car insurance, college tuition, books, laptop, and on and on and on.
Elderly: cane, walker, wheelchair, scooter, meds, supplemental insurance, care agencies, assisted living, pads, diapers, dentures, doctor appointments, hearing aids, surgeries, lift chairs, bed rails, safety bars for shower, shower seat, bedside commode, liners, wipes and on and on and on.
Which one cost more? Kids or the elderly? I know it varies but what’s your guess?