Kevin O’Leary: This Is How Much It Costs To Raise A Child

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  • Опубліковано 5 січ 2025

КОМЕНТАРІ • 152

  • @faheempatel1789
    @faheempatel1789 6 років тому +1040

    Kevin the type of dude to ask for 20% equity in his child’s future for the cost of raising them

    • @MajorGainz-704
      @MajorGainz-704 6 років тому +38

      Cartoon cave don't forget his royalties lol

    • @Emma95able
      @Emma95able 6 років тому +40

      With a 5% annual dividend

    • @theballadofkobirae7431
      @theballadofkobirae7431 5 років тому +14

      With the option to take over managment in the event of mismangment aswell as liquidation of assets during closure

    • @Retroist2024
      @Retroist2024 5 років тому +14

      Uncle Kevin: my children, you need to pay 1% fee for licensing of the O'Leary name brand.

    • @Retroist2024
      @Retroist2024 5 років тому +4

      and the right of buying 20% additional equity at the same price

  • @samaleks4390
    @samaleks4390 4 роки тому +307

    Lol “you have to pay for their upkeep” - take those kids to the mechanic every once in a while, make sure they’re running properly

    • @WCGwkf
      @WCGwkf 4 роки тому +4

      The doctor is a people mechanic

    • @MrEOM41
      @MrEOM41 4 роки тому

      😁🤘🏼 right

  • @slouischarlesYT
    @slouischarlesYT 6 років тому +232

    Above all else, remember, marriage is a contract and so are kids.

    • @Retroist2024
      @Retroist2024 5 років тому +31

      Marriage is a co-op and kids are liabilities

    • @popculturecommentary1192
      @popculturecommentary1192 4 роки тому +11

      Do you know how many sad older single guys I've worked with that regretted not having a family and feel alone?

    • @nardopangaribuan596
      @nardopangaribuan596 4 роки тому +3

      Wait what? If u said marriage is a contract then dont do it lol

    • @akbinnn2106
      @akbinnn2106 4 роки тому +23

      Do you know how many sad older not single guys I’ve worked with that regretted having a family and STILL feel alone?

    • @MrEOM41
      @MrEOM41 4 роки тому +1

      Your wife and child can cost you probably up to a million dollars 😁🤔

  • @noahbauserman1768
    @noahbauserman1768 4 роки тому +83

    Why is the department of agriculture estimating the cost of being a parent that doesn’t make any sense

    • @rubiconb8176
      @rubiconb8176 4 роки тому +26

      Noah Bauserman Because people = livestock .... duh

    • @noahbauserman1768
      @noahbauserman1768 4 роки тому +4

      Rubicon B in politics and Bureaucracy absolutely

    • @Holzkissen.
      @Holzkissen. 4 роки тому +1

      Because it's no just a company dedicated to agriculture, they are an financial entity too

    • @MrJacobkoh
      @MrJacobkoh 4 роки тому +1

      Probably cus the job got passed around till it landed on their laps. Then no choice gotta do some work.

  • @chicken1696
    @chicken1696 6 років тому +311

    i was thinking to have one until the fortnite dance .......

    • @dancer1
      @dancer1 4 роки тому +2

      Yeah wtf

    • @andrewpanin3435
      @andrewpanin3435 4 роки тому

      @@dancer1 Congratulations. You are officially old.

    • @dancer1
      @dancer1 4 роки тому +1

      Andrew Panin excuse me?

    • @electricv564
      @electricv564 4 роки тому +4

      @@andrewpanin3435 congratulations. You are officially 12 yrs old

  • @sharonh2991
    @sharonh2991 5 років тому +43

    I saved tons of money on kids clothes and toys shopping at thrift stores. He’s right, they really only wear things for a season and they normally grow out of them rather than wear them out. I shopped/looked often and only picked the nicest clothes and brands. My offspring were always the best dressed.

  • @januzairamli4426
    @januzairamli4426 5 років тому +87

    You're right,they are wonderful! 0:20 never mind...

    • @dancer1
      @dancer1 4 роки тому +2

      Lmao wtf

    • @electricv564
      @electricv564 4 роки тому

      @@dancer1 off with their heads

    • @leooo770
      @leooo770 3 роки тому

      Just have a cat as your own blood

  • @PimpinBig214
    @PimpinBig214 4 роки тому +55

    I’m too selfish to have kids. I like spending my hard earned money on myself, and my wife. A kid just gets in the way.

    • @Bikes_N_Adventure
      @Bikes_N_Adventure 4 роки тому +9

      Same bro

    • @Alusky
      @Alusky 4 роки тому +5

      Having kids is spending it on yourself, unless you count raising them as a negative but most people don't

    • @blznft9513
      @blznft9513 4 роки тому +9

      Unless your kid becomes a bill gates

    • @blznft9513
      @blznft9513 4 роки тому +3

      @ErikGotta take chances

    • @nxrgraphics1540
      @nxrgraphics1540 4 роки тому +1

      goodwolf R T his name is vagina conno

  • @plumbersunited8177
    @plumbersunited8177 4 роки тому +11

    People ask me when will I have kids? I tell them, when I win the lottery

  • @pizzamasterf5
    @pizzamasterf5 6 років тому +84

    That's actually smart advice doe 😂

  • @kitaroworld
    @kitaroworld 3 роки тому +5

    If you don't have money and have kids, don't complain to us or the government. live with your decisions.

  • @Vhvjdow0ajsbcdhcuei3o22-om4sm
    @Vhvjdow0ajsbcdhcuei3o22-om4sm 7 місяців тому +4

    Kids arent expensive, the parents are expensive. A kid goes to school for $50 a year, you feed them a portion of what an adult eats until they reach their teens. Clothes can be bought at second-hand stores or even from family and friends. College is expensive but isnt college a waste these days? I have seen many videos of people with degrees fired on the spot or unable to find a job. You only need a degree for a teacher, lawyer, engineer, and doctor. The rest can be learned through experience.

    • @julylee2502
      @julylee2502 4 місяці тому

      I totally agree with you. I'm surprised to see so many people saying that kids are expensive. maybe it's just the location though.. where I live. No cost for public education, or you get credit for homeschooling. All of the clothing is either gifted or second handed. Even toys or work out gears... All of them are second handed. No point of buying new stuff cuz they grow out of them so fast.
      College fund, we save government child care benefit credit. Which is not a lot but for 17 yrs probably we can save up to about 60k and that's NOT counting compound interest. With conservative interest rate it will still be more than 100k. That all will be from government credit for having children. Anyway..
      So far I Made money not spent money.
      And come on, they are the best !!

    • @bluestripes6037
      @bluestripes6037 Місяць тому

      I agree with you. I think this is just a popular thing to say. Maybe if you factor in a lot of medical issues or something, but a run of the mill child is weirdly not that expensive.
      Theres also the question of "when" the costs come up. Diaper days are probably up there, but then it's years until college

  • @KpopNiDontStop
    @KpopNiDontStop 4 роки тому +18

    I don't know whats more sad is this only has 14k views in a year and there will be people having unplanned kids not even prepared and never watched these types of videos.

  • @natep6729
    @natep6729 4 роки тому +22

    After the cost is revealed in the beginning, I started sneezing. I kept sneezing for a good 10 seconds and i missed half of what Kevin said. That's when i knew i don't want children.

  • @KpopNiDontStop
    @KpopNiDontStop 4 роки тому +17

    Honestly when I was in elementary school I had an idea that kids cost as much as a house LOL.

    • @MrJacobkoh
      @MrJacobkoh 4 роки тому +3

      Depends on location, where you are in life etc. Costs would be healthcare for the kid. housing for the family, your income etc. Cus my country, getting a home is expensive but doable, healthcare is good and govt subsidised, meaning you can use your own insurance to pay for the baby. As always, it depends on your income, higher income > more affordable.

    • @claytongoodall6370
      @claytongoodall6370 Рік тому

      In my area, the combined average prices for a reasonable home and raising a single child to the age of 17 is 1.2 MILLION dollars.

  • @beaver7020
    @beaver7020 Рік тому +9

    I'm happy the way .... I'm 25 going on 26 . Single no kids and planning to stay that way for the rest of my life😊 focusing on pursuing my art talent and somewhere along the lines getting in shape and being debt free and have no depressing expenses. Life is amazing!!!!

  • @fairlyfrugalvegan712
    @fairlyfrugalvegan712 4 роки тому +45

    So Kevin was struggling financially while raising his kids but still came out rich. Well that gives me hope to know I’ve got plenty of time!

    • @Raoatharva
      @Raoatharva 3 роки тому +4

      He wasn't struggling but he was trying to save the money so that he can reinvest in his venture and he didn't sold his company back then after selling it he got rich instantly !

    • @KaylaJay7
      @KaylaJay7 2 роки тому +2

      Tomorrow isn’t promised tho

  • @MusicAutomation
    @MusicAutomation 8 місяців тому +2

    Wtf, clothes? No, it’s daycare. We pay 2x our mortgage on that. Clothes are cheap.

    • @bluestripes6037
      @bluestripes6037 Місяць тому

      Thank you for saying this because clothes are literally cheap, how stingy can you be. This surge in childcare cost is the real issue

  • @Fairly_Reasonable_Investor
    @Fairly_Reasonable_Investor 2 роки тому +4

    "because I didn't think about it" -- key phrase here

  • @conorburby9554
    @conorburby9554 4 роки тому +17

    I like Kevin but if gonna make these videos I don’t just want a little story and two facts, do like a ten minute one with ins and outs tbat is interesting maybe goes into each category. Kinda sick of these 2 min videos

  • @JosePena-oe3be
    @JosePena-oe3be 4 роки тому +2

    That baby watching Mr. Wonderful on TV was hilarious

  • @littleripper312
    @littleripper312 11 місяців тому +1

    You actually don't have to pay for their education. Degrees are not a requirement to have a successful life, many people such as tradesworkers do not need a college degree. Parent's are not required to shell out 100k for a useless degree.

  • @LuckySingh-ln9ox
    @LuckySingh-ln9ox 4 роки тому +6

    In India it's very common that second child have to wear the leftover of elder one

  • @unleashingpotential-psycho9433
    @unleashingpotential-psycho9433 6 років тому +14

    Children are so expensive T_T

  • @Vospader21
    @Vospader21 2 роки тому +1

    Huh, Kevin’s actually giving some pretty solid advice here.

  • @ahmadaburahma9756
    @ahmadaburahma9756 4 роки тому +14

    Wait, kevin didn’t have any money when he had his second child, really 😯?

    • @MrJacobkoh
      @MrJacobkoh 4 роки тому +1

      He probably had some money not as much as now. But when you pay alot for stuff that didn't really get used much, it's a waste. The boy probably wore pink stuff when he was a baby to toddler age i reckon.
      Remembered my cousin got this expensive converse shoes, he wore it a few times only, after a year he wanted to throw out since his feet grew and it was too tight. But his mom felt like it was a waste since they were 9/10 condition so it was given to me.

  • @InvestingBookSummaries
    @InvestingBookSummaries 6 років тому +12

    Avoiding kids for a while

  • @michellemarie1197
    @michellemarie1197 4 роки тому +6

    Yeah I'm glad I dont have kids yet I cant afford them right now.

  • @austinhannemann2615
    @austinhannemann2615 4 роки тому +15

    You definitely do NOT need to pay for their education

    • @dancer1
      @dancer1 4 роки тому

      Why

    • @jamieplays3552
      @jamieplays3552 4 роки тому +8

      You don’t need to, but why wouldn’t you try to?

    • @austinhannemann2615
      @austinhannemann2615 4 роки тому +8

      My parents didn’t help me. It forced me to choose a reasonably priced college and I made sure to get my money’s worth with each class. I’ll help pay for my kids food bills, I don’t want them to starve. But education is a personal investment, not a family one IMO

    • @annaly2318
      @annaly2318 4 роки тому +1

      @@austinhannemann2615 and that reasonably priced one may not give them that many opportunities as a prestigious uni lmao.

    • @Navs126
      @Navs126 4 роки тому +5

      Austin Hannemann I agree. Such an outdated tradition that made sense decades ago but not in the time we live in today. You want to see your money burn before your eyes? Send an 18 year old to college to get an “education”. Let them make financial decisions for themselves and learn from those decisions. Made sense back then but not now.

  • @Username6556username
    @Username6556username 4 роки тому +2

    I love Mr. Wonderful & he us hilarious 🤣🤣🤣🤣

  • @IAMSTEVENYANG
    @IAMSTEVENYANG 4 роки тому +5

    The cost listed in this video is so low, the average cost to raise it child to 18 is average cost of $1 million with the cost of inflation and their education.

  • @Darkscenes-jp4ge
    @Darkscenes-jp4ge 4 роки тому +1

    my parent's had 2 children me included and the price for both of us up to 17 years old Is almost the same amount of money my parents make a year

  • @igo0di
    @igo0di 6 років тому +23

    Did you just assume the gender of your children?

  • @TheMissjaneperry
    @TheMissjaneperry 4 роки тому

    Has he never heard of a thrift store? Once upon a child has shirts for like $3. 10 shirts 10 pants for a season and you've clothed a kid for under $100

  • @akashsharma-yy9bb
    @akashsharma-yy9bb 3 роки тому +1

    kevin asked his new born 20 cent royality for every dollar he will make till his money doubled , then 5 cents in perpetuity

  • @cholententertainment6516
    @cholententertainment6516 6 років тому +7

    372k wow

  • @jessicabixler1658
    @jessicabixler1658 4 роки тому

    I just buy all used if I can. 1/2 off day at consignment or thrift sale. Then you resell it and make some back! I prob spend less than 500$ a year on clothes, shoes, coats everything for two kids a boy and girl that get to wear cute gender specific clothes.

  • @brettschlee7090
    @brettschlee7090 5 років тому +5

    But if everyone saves money by not having kids, who will buy your products, Mr. O'Leary? Who will work for your companies? This video (and man) are a great example of how " the love of money is a root of all kinds of evils." (1 Timothy 6:10)

    • @Loachie90
      @Loachie90 5 років тому +11

      He said to buy smart, he didn’t say don’t have kids

    • @Raoatharva
      @Raoatharva 3 роки тому +1

      @@Loachie90 Exactly 😂

  • @letobros5171
    @letobros5171 4 роки тому +2

    Kevin is the only person who’s more concerned about the cost of a kid rather than the joy and memories you build with them. What a shame. Money is the root of all evil

  • @eddiekulp1241
    @eddiekulp1241 4 роки тому

    It cost as much as you can afford, have seen estimates that exceed a lot of people's yearly income. 30,000 a year for college b.s. if you only make around that .

  • @deluxeh0
    @deluxeh0 4 роки тому

    Grey is a good color for clothes

  • @mando_apolgetico
    @mando_apolgetico 4 роки тому +5

    This is ridiculous. It doesn’t cost that much. Buy used clothes by the pound. Kids don’t need a million toys. Feed them what you eat. (After they’re stop breastfeeding) & home school them.

    • @countmichael
      @countmichael 4 роки тому +1

      Your grammar sucks. Hopefully you won't be doing any homeschooling.

    • @mando_apolgetico
      @mando_apolgetico 4 роки тому

      @@countmichael Yeah, even my undergrad and grad professor complained about written grammar. Post graduate school my efficacy to self check my written grammar became somewhat better. But still not one of my strong suits. interestingly enough my grammar suffers even in my Spanish, Portuguese, and German when i write. My dialect however seems to be impeccable. I suppose it has to do with the fact that I think a lot faster than i can write. Who knows, thanks for catching my grammar issue. In this case i beleive is was a typo, because i was typing on my iPhone. Olympic lifting has really left my manual dexterity to suffer. Anyway michael I do not plan to home school after retiring at 30 from some lucky financial investments i made and subsequently returning to work because of the boredom of being home all day I have understood i would never put my kids through that. Anyway thanks for catching the grammar issues!

    • @jessicabixler1658
      @jessicabixler1658 4 роки тому

      Homeschooling costs $ compared to public schools

    • @yoleeisbored
      @yoleeisbored 2 роки тому +1

      Not everyone can homeschool

  • @edabbas
    @edabbas 6 років тому +16

    Kevin stop measuring everything with money!! Having a kid is an amazing feeling.

    • @theballadofkobirae7431
      @theballadofkobirae7431 5 років тому +28

      I think u dont understand the reality of children. Regardless of your feelings children cost money ignoring that is lunacy.

    • @NetSkillNavigator
      @NetSkillNavigator 4 роки тому +3

      @@theballadofkobirae7431 right

    • @theballadofkobirae7431
      @theballadofkobirae7431 4 роки тому

      @Trevor j 😂😂😂 i always make this mistake thank u bro

    • @countmichael
      @countmichael 4 роки тому +5

      Amazing for 5 minutes. Burden for decades.

  • @HostDotPromo
    @HostDotPromo 6 років тому +2

    Hmm not sure what I think about this.

  • @officialxoYT
    @officialxoYT Годину тому

    Look, I invested in you. Right kid? That means you’re inevitable to give me a royalty on every cent you make. I want a 25% return on every dollar you make. In return, you can say your Dad’s Mr Wonderful

  • @MJ_Solo
    @MJ_Solo 5 років тому +7

    Kids' clothes = Good Will

    • @genarobonilla9036
      @genarobonilla9036 4 роки тому +1

      Yes they don’t know brands at early age . If you raise them to be entitled of course they’ll be expensive buying new clothes for babies it’s a waste of money we don’t have it’s best to spend money in their health and food than toys and clothes

  • @AndrewDaniele87
    @AndrewDaniele87 3 роки тому

    I wonder how the son feels knowing his father felt unlucky to have him since he couldn't use the older sibling's clothes lol (no hate against O'leary, it was just a funny way of putting it)

  • @alexbanks7115
    @alexbanks7115 4 роки тому

    Lol I can totally relate. Good advice.

  • @ziad3315
    @ziad3315 4 роки тому +4

    How inhuman

  • @LOWkenshin
    @LOWkenshin 6 років тому +3

    That's my uncle Kevin! Chip off the old block.... shucks

  • @VincentLinGaming
    @VincentLinGaming 4 роки тому

    Only 38 comments? This is weird 😂

  • @billyjefferson3594
    @billyjefferson3594 2 роки тому +2

    BRB going to get a vasectomy

  • @empressoliver660
    @empressoliver660 4 роки тому +6

    I don't support having kids.

    • @lapoco5678
      @lapoco5678 4 роки тому

      Just asking why not

    • @empressoliver660
      @empressoliver660 4 роки тому +4

      @@lapoco5678
      Waste of time.

    • @shinutokoro
      @shinutokoro 4 роки тому

      lol somebody's gotta pay for your social security and keep the human race going

  • @joemadden4200
    @joemadden4200 3 місяці тому

    “It’s wonderful to have a family.” That's where he's wrong. It’s one of the worst things ever. I could never raise a family.

  • @GreatRajsel
    @GreatRajsel 4 роки тому +1

    WOW that's a lot.

  • @martyfarty271
    @martyfarty271 2 роки тому

    And when those kidds get old , they need alot of diapears. Or when you put them in a caretake home. Yeah, the young people have to work their budd of to keep them on medication. Yeah , old people cost alot of money.

  • @longroad4956
    @longroad4956 2 роки тому +1

    Save the trouble; don't have kids!

  • @siddharthnarasimha1962
    @siddharthnarasimha1962 4 роки тому

    1:24
    He is so woke!

  • @TP-fl9ul
    @TP-fl9ul 4 роки тому

    Hahaha pink stuff

  • @igo0di
    @igo0di 6 років тому +1

    Yes, Kevin's a Jew.

  • @accepttheheart818
    @accepttheheart818 4 роки тому

    H

  • @charletfoster8917
    @charletfoster8917 4 роки тому +1

    But there are so cute just spend the 💰💰💰💰💰💰😂😂

  • @UniverseEarthSpirit
    @UniverseEarthSpirit 3 роки тому

    They are only expensive as you make them

  • @Retroist2024
    @Retroist2024 5 років тому +1

    buy unisex stuff