MoneySense magazine reports that children are expensive

The latest issue of MoneySense magazine reports that it costs $1.45 an hour to raise a child; an astounding total of $243,660 to raise one to age 18.  And that doesn't include the costs of sending them to college or university. According to a release from the personal finance magazine, it teamed up with a consulting firm to compile the statistics and found that kids cost less as they get older (