To have kids or not to? Your opinion from economy perspective

[Die_empty]

Everyone should have children, it’s the best thing that can happen in a person’s life. I have a daughter who is very loved and dear to me, and she completely changed my view of the world. Having children isn’t about having money or not, it’s about doing what we are meant to do as human beings. I think your mindset is very narrow and unfortunate, comparing having children to buying power

These are your own views. Other people might think differently. Some people feel they can't take care of children, so it's better to avoid having children. Others see children as not just a financial burden, but also as emotional and psychological stress. We don't have to criticise them since they have reasons for their decisions.

I also have children, and I'm very glad I had them. They have changed my life since we had them. I am motivated to maximise any opportunity I have to make life better for the family because of them. It is indeed a beautiful thing to have children because they are special gifts.

[pawanjain]

What title says,

unless one is well off himself one should not be having kids, this is my opinion.

What about you?

I have always wanted to have two children but seeing the cost rising for everything makes me rethink of my decision.
According to my current income, I can surely afford to have 1 child but I am really not sure if I will be able to afford the expenses of having two children.
So for the time being I will go ahead with having one child and in the next few years if my income grows very well then I might think of having a second child.

[woez]

I have always wanted to have two children but seeing the cost rising for everything makes me rethink of my decision.
According to my current income, I can surely afford to have 1 child but I am really not sure if I will be able to afford the expenses of having two children.
So for the time being I will go ahead with having one child and in the next few years if my income grows very well then I might think of having a second child.

Given the current situation, many are facing financial constraints, and many feel burdened by the ever-increasing cost of living. This isn't just for others, but for me personally. The solution is to find a profitable side job and manage your expenses effectively and in a controlled manner.

I now have two daughters and one son and they are all a joy.. I don't think it's a problem, as God already controls our sustenance. Indeed, financial matters are closely related to our monthly expenses; the larger the family, the higher the expenses. Whatever plans are, the more important it is to stay healthy, and everything will be okay in due time.

[9ja Amaka]

Same, but as I keep working hard and make myself well off, it drives me away to have kids because I keep thinking how to make my life better.

In my opinion, the minimum salary before you can have a baby is making at least 3x of minimum salary in your country. 1x minimum salary for one person, so the other 2x for a spouse and a baby.

But, with such amount you can only live minimum, you can't enjoy your life because you keep thinking to save money for your kids needs in the future. Either you or your spouse will want the best for your kids, hence you can't save money when you have a family.

Example you have $20,000 and your kids will enter school, you have two options: public school or private school. Public school is free, private school have 3 tiers, the lowest tier you need to spend $5,000 that cover everything, middle tier cost you $15,000 and the highest tier cost you $30,000.

People will choose the middle tier because they can afford rather than thinking to grow their wealth.

Not many people said this, personally I think marriage is a big scam.

It depends cause raising children can be very expensive. The Parents need to be to provide for their basic needs such as education, food supplies , clothing, healthcare and education etc.
taking care of a child requires continuous attention and responsibility as the child grows. When people have stable jobs or steady sources of income, they usually feel more confident and secure to focus on giving their kids a better life.
In my opinion, it’s best for people to be both financially and mentally prepared before welcoming children into their lives

[ejikeme24]

It depends cause raising children can be very expensive. The Parents need to be to provide for their basic needs such as education, food supplies , clothing, healthcare and education etc.
taking care of a child requires continuous attention and responsibility as the child grows. When people have stable jobs or steady sources of income, they usually feel more confident and secure to focus on giving their kids a better life.
In my opinion, it’s best for people to be both financially and mentally prepared before welcoming children into their lives

You know if one  keep considering all of this expenses he may likely remain bachelor for the rest of his life,  I could remember the saying of the early men that says start from somewhere and you will be surprise to see things working more than you thought or imagine. will you agree with me when I say that children is a motivation to the parents? Though I'm not yet married just speaking from experience, I have seen a guy  that choose to be lazy but when he got into a relationship with kid guess what? The guy is almost one of the hard working person in the neighborhood as he was struggling so hard to continue putting food on the table and also make sure that his wife and family doesn't lack. I'm pretty sure that this is how it works for almost everybody unless the person seems to be different from other people.

[EFS]

From an economic perspective unless you're ultra-wealthy, having children doesn't make much sense. Even in just the last 20-30 years, the global economy's direction has been clear. The rich keep getting richer, while the poor become poorer. The middle class is disappearing and becoming impoverished. In such circumstances, it becomes harder to provide a good future for a child.

If your country offers free education and healthcare, you might not worry about these things, but many countries don't have such opportunities. Crime rates are rising. You need to send your child to a private school and live in a good neighborhood. All of that means money. So, from an economic perspective, the answer is quite clear. But people don't look at having children only from an economic point of view.

[Bitcoin_people]

What title says,

unless one is well off himself one should not be having kids, this is my opinion.

What about you?

In my opinion, it would be good for a person to have a child when he can completely overcome the problem and has the amount of money he has deposited. However, it is often seen that some people get married without money and within a few months, conflicts arise in that family due to which their relationship does not last. That is why first earn enough money and then get married and when you have enough money in your hands which will support your future child, then you can become a father of a child. In my opinion, it is necessary to become a father of a child only when your position is prosperous, otherwise after the child is born, he will have to face the same problems. That is why it is good to prepare everything well in advance and later when you become a father of a child, you do not have to face financial problems and do not have to rely on anyone, and in my opinion, getting married without money is foolish.

[pawanjain]

I have always wanted to have two children but seeing the cost rising for everything makes me rethink of my decision.
According to my current income, I can surely afford to have 1 child but I am really not sure if I will be able to afford the expenses of having two children.
So for the time being I will go ahead with having one child and in the next few years if my income grows very well then I might think of having a second child.

Given the current situation, many are facing financial constraints, and many feel burdened by the ever-increasing cost of living. This isn't just for others, but for me personally. The solution is to find a profitable side job and manage your expenses effectively and in a controlled manner.

I now have two daughters and one son and they are all a joy.. I don't think it's a problem, as God already controls our sustenance. Indeed, financial matters are closely related to our monthly expenses; the larger the family, the higher the expenses. Whatever plans are, the more important it is to stay healthy, and everything will be okay in due time.

Cheers to that. Your reply has boosted my confidence on myself and I think I will stick to my decision of having two children.
Rest assured I am already trying to increase my sources of income but another issue is that in the process, we tend to lose all our time.
Hence we don't have time for our family itself and the key is to find a good balance between work and family so that we can spend time on both of them accurately.

[woez]

In my opinion, it would be good for a person to have a child when he can completely overcome the problem and has the amount of money he has deposited. However, it is often seen that some people get married without money and within a few months, conflicts arise in that family due to which their relationship does not last. That is why first earn enough money and then get married and when you have enough money in your hands which will support your future child, then you can become a father of a child. In my opinion, it is necessary to become a father of a child only when your position is prosperous, otherwise after the child is born, he will have to face the same problems. That is why it is good to prepare everything well in advance and later when you become a father of a child, you do not have to face financial problems and do not have to rely on anyone, and in my opinion, getting married without money is foolish.

In my opinion, in this context, financial preparation is very necessary, as you mentioned above, because before and after the marriage contract, there are many costs required, and after that, the most challenging thing is the birth of our desire to be able to live a normal life like other people.

There's a difference in mindset before starting a family, in terms of realizing our dreams. The dream before starting a family is to build oneself, such as building a career and, if possible, reaching the top financially. However, once you're married and have children, that perception changes automatically. We become more flexible and focus on pursuing our dreams, building a life together, rather than thinking about ourselves. Putting it off isn't also good because time goes by and life's challenges become more apparent.

I think it's also important for us to start a family and have children soon, so what's the point of having a lot of money, a lot of BTC if after we're gone, only others will enjoy it, not our beloved wife and children.

Cheers to that. Your reply has boosted my confidence on myself and I think I will stick to my decision of having two children.
Rest assured I am already trying to increase my sources of income but another issue is that in the process, we tend to lose all our time.
Hence we don't have time for our family itself and the key is to find a good balance between work and family so that we can spend time on both of them accurately.

Alhamdu lillah. You're welcome, sir. May all your wishes be granted, and may you soon be blessed with a second child. May you have a son who is intelligent, understands religion and technology, grows up to be wealthy, able to manage his finances, and one day becomes a responsible investor, following in your footsteps in this forum.

[HelliumZ]

If your country offers free education and healthcare, you might not worry about these things, but many countries don't have such opportunities. Crime rates are rising. You need to send your child to a private school and live in a good neighborhood. All of that means money. So, from an economic perspective, the answer is quite clear. But people don't look at having children only from an economic point of view.

Education in government schools and colleges is not good at all, especially since political influence is so pronounced that in my country, it is very dangerous to get admission in a government school or college from a good family. In my country, we may provide free books but it is impossible to ensure healthcare. The healthcare sector in our country is so bad that only the upper class is treated here, while the lower and middle classes are deprived of good healthcare. Therefore, it is not enough to just have a child, but it is also a responsibility to provide good medical care and education to the child.

[Solosanz]

Education in government schools and colleges is not good at all, especially since political influence is so pronounced that in my country, it is very dangerous to get admission in a government school or college from a good family. In my country, we may provide free books but it is impossible to ensure healthcare. The healthcare sector in our country is so bad that only the upper class is treated here, while the lower and middle classes are deprived of good healthcare. Therefore, it is not enough to just have a child, but it is also a responsibility to provide good medical care and education to the child.

Yeah it sounds good when the government offer free education and healthcare, until we see the reality than our expectation.

Before the government offer free education, the number of graduated students are low and many of them get a good job. Then many unfortunate people suggest to have a free education, the government realize it. Many people go to university and graduated, but now company prefer students who graduated from private schools, yet those unfortunate people not able to change their life and see college is a scam.

Which mean, if we're in unfortunate situation, don't be surprised if the next and future we're in unfortunate situation again.

[tim0]

What title says,

unless one is well off himself one should not be having kids, this is my opinion.

What about you?

Agreed—from an individual perspective. But society would be in trouble if a significant portion of its members thought that way.

I had my child quite late because I spent my earlier years focused on high-stakes ventures. It would have been difficult had I been tied down by family responsibilities at the time.

Yet if too many people think like that—rationally from an individual standpoint—society as a whole would suffer. The tax base would shrink, and the social security system would eventually become unsustainable.

[Lida93]

From an economic perspective unless you're ultra-wealthy, having children doesn't make much sense. Even in just the last 20-30 years, the global economy's direction has been clear. The rich keep getting richer, while the poor become poorer. The middle class is disappearing and becoming impoverished. In such circumstances, it becomes harder to provide a good future for a child.

Just as @Russlenat said, "it's just right to have children", and I agree with the idea. What we should be hitting on is that every parent should endeavour to have the number of kid(s) they can care for and give the best life that they can to that child. No parents can be lazy enough not to have the funds to take care of a single kid if the parents are intentional and working hard towards achieving that aim. Rich or poor kids are a blessing and bears onto us a unique joy that not even money or positions can give us.

[virasisog]

What title says,

unless one is well off himself one should not be having kids, this is my opinion.

What about you?

I agree to this if they couldn't afford to give the basic needs of a child then they shouldn't have one.
If they are already struggling financially as a couple then they should really hold off on having a child.
And they should also consider if they could take care of the child, there are so many couple's who couldn't take care of their child or busy with their work that they forgot about their responsibilities, it isn't just financial they also need to be their for their kids.

[zaim7413]

What title says,

unless one is well off himself one should not be having kids, this is my opinion.

What about you?

I have always wanted to have two children but seeing the cost rising for everything makes me rethink of my decision.
According to my current income, I can surely afford to have 1 child but I am really not sure if I will be able to afford the expenses of having two children.
So for the time being I will go ahead with having one child and in the next few years if my income grows very well then I might think of having a second child.

The increasing cost of raising children is a consideration if you have more than one child. The ever-increasing costs of education, living expenses and other unexpected costs will become a financial burden if income does not match expenses, especially without good financial planning.
You can plan early for your child's future better, try investing or saving to prepare for all your child's future needs. As parents, you naturally want the best for your children, but if your income remains stagnant while your expenses continue to increase, you need to find additional income to keep your family's cash flow stable.

[bakasabo]

I agree to this if they couldn't afford to give the basic needs of a child then they shouldn't have one.
If they are already struggling financially as a couple then they should really hold off on having a child.
And they should also consider if they could take care of the child, there are so many couple's who couldn't take care of their child or busy with their work that they forgot about their responsibilities, it isn't just financial they also need to be their for their kids.

People from third countries live completely opposite of what you say. I dont know how to explain why families that are on a porch of poverty always have a lot of children and dont stop making new. Have a lot of free time surely isnt the reason. They dont have funds even to support a newborn, when the older child gets, the more expensive it becomes to raise him.

[pawanjain]

The increasing cost of raising children is a consideration if you have more than one child. The ever-increasing costs of education, living expenses and other unexpected costs will become a financial burden if income does not match expenses, especially without good financial planning.
You can plan early for your child's future better, try investing or saving to prepare for all your child's future needs. As parents, you naturally want the best for your children, but if your income remains stagnant while your expenses continue to increase, you need to find additional income to keep your family's cash flow stable.

Well said. We obviously want the best for our children but often we hesitate when it comes to child planning because of our income.
Seeing the continuous decline of job vacancies every year and increasing lay offs, job security has really become a major issue.
In such a world, having one income is itself a challenging thing and so finding a second income and third income mostly depends on luck.

[libert19]

I agree to this if they couldn't afford to give the basic needs of a child then they shouldn't have one.
If they are already struggling financially as a couple then they should really hold off on having a child.
And they should also consider if they could take care of the child, there are so many couple's who couldn't take care of their child or busy with their work that they forgot about their responsibilities, it isn't just financial they also need to be their for their kids.

People from third countries live completely opposite of what you say. I dont know how to explain why families that are on a porch of poverty always have a lot of children and dont stop making new. Have a lot of free time surely isnt the reason. They dont have funds even to support a newborn, when the older child gets, the more expensive it becomes to raise him.

It's likely because sex is only pleasure available to poor families, so they just keep doing it and keep piling up more kids, also such families see their kids as slave workers much less about raising 'em, as soon as kid hits teenage, they are sent for labor work.

[maknyos]

It's likely because sex is only pleasure available to poor families, so they just keep doing it and keep piling up more kids, also such families see their kids as slave workers much less about raising 'em, as soon as kid hits teenage, they are sent for labor work.

But is there no way to enjoy sex without turning it into a seed and then a baby? There are now many contraceptives that can be used to delay having children. They do not think about the fate of their children who will not get what they should get, nutritious food, education and so on.
You are stating a fact here, they expect their children to be the change of their fate, while they do not think of the burden that their children will have to carry. Good parents should not do that.

[libert19]

It's likely because sex is only pleasure available to poor families, so they just keep doing it and keep piling up more kids, also such families see their kids as slave workers much less about raising 'em, as soon as kid hits teenage, they are sent for labor work.

But is there no way to enjoy sex without turning it into a seed and then a baby? There are now many contraceptives that can be used to delay having children. They do not think about the fate of their children who will not get what they should get, nutritious food, education and so on.

Do you really think poor people know about contraceptives? In some (retarded) cultures, there is stigma attached with sex itself, so people do pump up babies having it in private, but will feel shy to talk about sex in public, so often they don't have knowledge of contraceptives in first place, though I feel it's changing with dawn of technology.

You are stating a fact here, they expect their children to be the change of their fate, while they do not think of the burden that their children will have to carry. Good parents should not do that.

Good parents are few while unworthy parents are plenty. In my eyes, I find it unfortunate how easy it's to have a kid.