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lectur2-page11 - I had to give my wife a break. I did not...

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Notice in the slide above I refer to monetary cost of raising a child. There is another cost of raising a child that I cannot place a monetary value on. Only a particular individual can place a monetary value on this cost item. What is a large non-monetary cost item incurred when raising a healthy, well balanced, and socially adapted child? TIME. Lot’s of TIME! Your life changes because of how much TIME a child requires to properly take care of. My wife and I were raising our grandson, of course, I still am since my wife passed away. When I used to get home from work, I had to spend time with Zachary (still do).
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Unformatted text preview: I had to give my wife a break. I did not have the TIME to do a lot of things that I used to have TIME to do. I now have less time to do some things that I used to do since there is just me. My late wife did not have the TIME to do the things she used to do either. Don’t get me wrong, we loved it, and I still do! But there is a cost, a high cost if it is to be done correctly. That high non-monetary cost is TIME. Think for a moment of the non-monetary cost of TIME to a single parent compared to the shared non-monetary cost of TIME to a two-parent family. A single-parent has it tough in terms of TIME COST. 11...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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