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GeoPulse : Learn how to take control of your money with smart personal finance strategies, simple investing tips, and daily money hacks. In this video, we break down today’s financial news and give you practical steps to grow wealth, save smarter, and invest wisely.

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Transcript
00:00Now just for context, $400,000 invested over the course of 17 years, which is about the same as
00:06investing $2,000 a month, means that instead of having a kid, you could end up with $810,000.
00:16Another study found that parents raising just two children until they're the age of 22
00:21would cost them an average of $750,000, including the cost of everything, factoring education
00:28and a bigger house for a bigger family.
00:31The crazy part is that those studies were done between the years 2014 and 2017.
00:38Factoring inflation since 2017 means that the new estimate would be a lot closer to $1 million.
00:46In the US, 64% of young adults who are not having as many kids as they'd like to say
00:52that it's childcare costs that are the major reason why.
00:55Childcare costs are growing at almost twice the rate of inflation.
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