ILL-EGO Culture Brands Red Tape Talk EP.131| How to lose $400k in 18 years w/ Dr. David Woods

💸 The True Cost of Raising Kids in 2025 | Red Tape Talk Podcast

Is it really $400,000 to raise a child today? According to new research by LendingTree—it is. In this episode of Red Tape Talk, we break down the real numbers behind the rising cost of parenting, from diapers to diplomas, and everything in between.

We dive into:

• 📊 The $400K estimate and what it actually includes
• 🏠 Cost of living struggles for modern families
• ⚽ Raising kids in competitive youth sports
• 💼 The emotional + financial sacrifices parents make daily
• 🧠 The pressure on today’s moms and dads to "do it all"
• 🔁 Generational differences in parenting and expectations

This is a raw, honest conversation about the challenges families face in 2025 and the toll it takes—not just financially, but mentally and emotionally. Whether you're a parent, thinking about becoming one, or just curious what it takes to raise kids in this economy… this one hits home.

🎧 Listen now and let us know your thoughts in the comments. What’s the biggest sacrifice you’ve made for your kid(s)?