*By Jill Wagner and Jacqueline Corba* The cost of parenthood can surge long before birth, as more families rely on new and expensive fertility treatments. It's no secret that parenthood changes by generation, but as modern tech develops, so do the complications of raising children. A group of working parents and entrepreneurs joined Cheddar this week to discuss the trials and triumphs of parenthood in 2018. "Millennial parents are different," The Bump's deputy editor Lauren Kay told Cheddar. "We are seeing that they've grown up with technology, so the way they are using technology to both get pregnant and introduce a baby into the family is totally different than ever before," she added. The average cost of IVF per cycle is $12,000 for those without insurance, and few companies offer coverage. "The costs are completely crazy," said Stephanie Cartin, a co-founder of Socialfly who is undergoing IVF treatment. "I'm still midway through the process, and it has just been really a struggle," Cartin said. "My motivation was really to share my story to help others, so they don't feel alone going through this journey and experience." For new moms, going back to work also presents a serious cost, albeit emotional and financial. No law in the U.S. guarantees paid maternity leave. For most Americans, federal law stipulates that jobs will be secure for 12 weeks, but companies aren't required to pay new moms during that time. Lauren Brody, author of the "The Fifth Trimester: The Working Mom's Guide to Style, Sanity, and Big Success After Baby," said on Cheddar that according to her research, 76 percent of women feel they returned to work prematurely. She said that most research indicates six months of paid leave is best for both mom and baby. "If you can get moms to six months, it protects the baby's physical health, the mom's physical health, you're more likely to get your baby vaccinated on time. The science is so convincing, yet we're not there yet," Brody said. But women are finding networks of support ー and earning paychecks ー on social media and many look to celebrities for inspiration. "There are lots and lots of different ways to be a mother and share a point of view," said Well Rounded's chief content officer Jessica Pallay. "Some of the biggest mom-fluencers make their living this way and make a really good living doing so." Celebrities and athletes ranging from Serena Williams, Chrissy Teigen, and Kim Kardashian have all been open about their experiences as new moms on social media. This month, Williams posted on her [Instagram account](https://www.instagram.com/p/BmJ3KMzFRZw/?taken-by=serenawilliams): "It's totally normal to feel like I'm not doing enough for my baby." At JPMorgan Chase's Family Night Tuesday, Williams [discussed the support](https://www.chase.com/news/082118-serena-on-motherhood-and-the-episodic-career) from fans and well-wishers. "I felt like, wow, okay, so this happens more than what people talk about," she said. "I feel like sometimes when I do share, everyone out there helps me out by giving me really cool advice." But posting on social media doesn't always yield positive results. "It's a double-edged sword. It can lift a woman up when she's feeling lonely at 3 a.m. but it can also make her feel insecure. So I always tell moms if it doesn't make you feel good, stop following," Pallay said. And it's not just motherhood that's changed. Dads are getting a lot more involved in parenthood: in 2016, fathers reported spending an average of eight hours a week on childcare, about triple the time spent back in 1965, according to the Pew Research Center. Evan Kaufman, who produces Fatherly's video series "Dude to Dad", told Cheddar that more companies are changing their marketing strategies to attract fathers. In a baby's first year alone, parents spend an average of $12,000 on their child, and the baby industry is worth an estimated $60 billion, according to The Bump. For full interview [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjI0OTQ=).

Share:
More In Culture
The Perks of Having a Business Mentor
Sandra Magallon, Midwest Divison Area Manager at JPMorgan Chase, joins ChedHER to discuss the perks of having a business mentor, and what business owners can learn from Chase's Curated Coaching for Entrepreneurs experience.
The State of Lactation Support in the U.S.
Sarah Kellogg Neff, CEO of The Lactation Network, joins ChedHER to discuss how they are expanding access to lactation support for families nationwide, and some of the struggles new families face during the fourth trimester.
American Gaming Association Says 45 Million Americans to Wager $3.1 Billion on March Madness
March Nadness is officially underway, and betting on this year's tournament has the potential to reach record levels. About 45 million Americans are expected to wager a total of $3.1 billion on just the men's tournament alone, according to a new survey from the American Gaming Association. Prince Grimes, Senior Writer for USA Today's sports betting media property, BetFTW, joins Cheddar News' Closing Bell to discuss how betting could play into this year's tournament and other storylines surrounding March Madness.
Medical Cannabis Company Akanda Sees Stock Surge in March's First IPO
Medical cannabis company Akanda went public this week in what was the first traditional IPO of the month. Shares jumped about 163% in the stock's first day of trading. The London-based company says it hopes to supply medical cannabis products to wholesalers in international markets. Tej Virk, CEO of Akanda, joins Cheddar News' Closing Bell to discuss.
Akeneo CEO on $135 Million Fundraise to Redefine Product Management
Software company Akeneo CEO Fred De Gombert joined Closing Bell to discuss its recently closed Series D funding round raising $135 million in its quest to redefine product information management. De Gombert said the company is set out to improve the product information category by harnessing the power of data, which comes at a time where customer behavior has shifted in the pandemic era. "We are more and more demanding as consumers when we are shopping online or even offline. We are looking for more and more information," De Gombert said.
Colossal CEO Says Its About Saving Biodiversity, Not Just Extinct Woolly Mammoth
Bioscience and genetic engineering company, Colossal, raised $60 million in a Series A funding round. Colossal is focused on developing new technologies and genetic tools to restore extinct species, and protect critically endangered species. One of the startup's long-term goals is to resurrect the woolly mammoth, and return it back to the arctic. Colossal also says it is developing technology that expands beyond animals, and has the potential to advance human health. Ben Lamm, co-founder and CEO of Colossal, joins Cheddar News' Closing Bell to discuss.
Load More