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Author Topic: The economy of having children  (Read 2044 times)
lizarder
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September 13, 2025, 01:02:48 PM
 #81

It's unfortunate that the society we find ourselves doesn't see it hr way you said it they think you should become a father because your mates are becoming fathers yet they don't care if you are able to take care of the kids when they finally arrive, it is important to be ready but don't get up to 60 years before making the money you think you can use to take care of the kids.

No time is too late but if you want to wait until you have it all and be very comfortable you may not be ready soon, I wish I got married when I was in my 20's the hardship we see now wasn't like that during that time.
Confidence with truly efforts will be a wise decision to get married and have children is also the same gift as sustenance. It is precisely what's wrong when people decide to become a father because the consideration of his friends has become a father and for me is entirely wrong. When someone decides to get married, generally hopes to have children even though there are a small number of people who do not like to have children because this way will make us more motivated to make money from the work we are pursuing.

The most important thing when deciding to get married and have children is ready to work hard to support the family because I am sure that every effort we do seriously for the family will definitely bring sustenance in an unexpected way. But also have to think rationally do not expect fast wealth with jobs that may only be able to meet the needs of life.

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September 13, 2025, 06:13:48 PM
 #82

Hardship builds character and makes people stronger. I raised children through hardship, but not with the hope that they would support me in the future. I work hard, I have my own home and business. It's not easy, but I have a comfortable life. My children are still dependent on me, and I provide for them the best I can. It's not their obligation to support me financially; it's my responsibility to care for them as they grow into adulthood. After that, they will move on with their lives, build their own families, have their own homes (as expected), and the cycle will repeat itself with their descendants. Those who have children in the hope of being supported by them are weak-minded, incompetent, and lazy. That's not the purpose of parenthood.

Children aren't expensive; life is expensive. They need to be cared for like anyone else. The initial expenses are higher, but over time they become less so. Above all, they need to be loved, they need affection and attention, and they are content with that, not with things. We are the ones who think that to be happy we need many things. What's the point of a life full of things and without love, in solitude?

Note: I'm not saying money isn't important; it's essential. But it's not just money that we need to raise a child; it takes much more than just money.

 
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M47AK16
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September 16, 2025, 02:11:36 PM
 #83

There are some elderly people in our society who say that "You cannot be responsible unless you take responsibility for your work." The implicit meaning of their words is that with increasing age, the responsibility will gradually come upon you to maintain the responsible behavior that will come in you. After completing your education, your career begins, after entering the career, family responsibilities fall on your shoulders and then you need to give birth to children to protect the lineage. Each of these things comes into your life step by step.

As your responsibilities in your job life increase, your income will increase and with more attention, your salary can increase and the possibility of increasing the sources of income for raising children increases. Therefore, according to the laws of creation, you should just keep trying yourself and live a responsible life through coordination.
These days that is not easy like the old times. In the old times you graduated, and then you started working, and year by year you made more, and some promotions happened at some times, and then you had enough money to raise a family, and even send them to school and then you end up with retirement with a good fund.

But these days? Today you graduate, and between paying for school loans, and living expense, people are having hard time getting a house of their own let alone marry someone, I mean they share rent with 3-4 other people on a small house just to be bale to afford a life, that is not the way you can get married, let alone have kids. Financial world made sure that nobody gives birth at that rate anymore, and as long as economy doesn't get better, we are not going to see it get any better neither, it is not going to happen.

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peter0425 (OP)
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September 16, 2025, 02:39:28 PM
 #84

Children aren't expensive; life is expensive.
Well children is life and life is children. I know no parent who was able to only pay for few expenses for their child. Even if that child ends up to be a scholar in school, there is still the healthcare and food and clothes and etc. that are all expensive and even more so today.
Quote
They need to be cared for like anyone else. The initial expenses are higher, but over time they become less so. Above all, they need to be loved, they need affection and attention, and they are content with that, not with things. We are the ones who think that to be happy we need many things. What's the point of a life full of things and without love, in solitude?

Note: I'm not saying money isn't important; it's essential. But it's not just money that we need to raise a child; it takes much more than just money.
Some parents unfortunately actually do not think this way. Both are as equally important but some parents only focus on one or the other. A kid should grow up in an environment where both is present.
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September 16, 2025, 03:42:01 PM
 #85

In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them.

This is an olden days mentality, whereby parents give birth to children in other to use them for farming purposes, unlike as we have it today, the numbers ha e reduced and then people are giving birth to the number of their choice they can afford to take care.

But is having kids the reason why people end up financially worse over the years?

Having children is not a means to poverty, just that some people have already failed their own self and the generation by being too lazy to work hard and be self sustainable enough.

Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?

It is the responsibility of some parents who have given birth to us and therefore we must also give birth to our own generation regardless of the hardship or not.

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September 16, 2025, 04:15:09 PM
 #86

Short answer: children are not the problem; financial motivations and risk of cash-flow are. It is not the moral  failure when parents are relying on the transfer to their children for their future. Maybe It is the reaction to lacking or poor pension systems, uncertain salaries, and fluctuating prices. In the old words of Becker: when formal capital markets fail, children, as investment goods, take over. Such a decision may make sense to the family and be ineffective to the society

Let's map it. Direct costs (food, housing, care, health, schooling). Indirect costs (lost career years, reduced mobility). Risk costs (loss of job, illness and price shock). Include an additional one: policy offset (child allowances, tax credits, paid leave, public childcare). The fourth term is too minimal in most countries and thus the initial three determine fertility and the norm of the "kids will be the ones who will take care of us". It is not a private stress outcome, but a macro loop: low household savings -> fragile consumption -> slower productivity growth -> tighter budgets -> weaker policy offsets -> repeat

Ethics matters here. A child is never a source of income. Making the child pay the future liabilities of the household is a governance problem within the family. Parents are capable of loving and at the same time, they are capable of building a perverse incentive. A purer rule: today fund the decision with your numbers and not with the hypothetical earnings of the child tomorrow. Should that be unsuccessful, get behind schedule or reduce quantity and increase quality. The classic quantity-quality trade-off still works

 
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September 16, 2025, 06:18:46 PM
 #87

In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them. But is having kids the reason why people end up financially worse over the years? Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?

This is a mindset issue. It's important to understand that poverty is a situation we create ourselves, driven by laziness. Having children, on the other hand, is a natural activity for all living creatures, including animals. So, it's not about being poor and having children that's problematic it's the dialectic of poverty and having children that needs to be addressed at a more constructive level.

Because a flawed mindset can have fatal consequences. Because they don't want to have children because they're afraid of poverty, many people don't want to marry, which can lead to a population crisis, as is happening in Japan. In Japan, many individuals don't want to marry or have children because the cost of living would be much higher. I once read in an article about Japan that most Japanese people in their 30s and 40s are unmarried, focusing more on work and work.

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September 16, 2025, 06:36:32 PM
 #88

I personally wish to have my children when I am stabilize in my income and have met the stage of readiness to have it then, if not, I can't get it because my friends are getting, we aren't the same.
Readiness is not only about financial, but what is very important is how to educate him, you and your wife must have the ability to educate your child to be very good, some people are also too focused on financial but forget how to be very wise parents in educating their children, this is also as important in having children.
You are right, I am currently in a stage where I am learning to understand myself fully before attaching any other person with me, I've been in solitude for over a period of 3 months and I am planning to stay like this to fully know who I am, my weakness and my strength, what I truly love and hate. Doing this to prepare myself to teach, lead whoever would be coming my space, my wife and my children to follow.

Yes absolutely, won't be waiting for me to be fully financially stable but at least I can care about my children health, clothing and schoolings too as well, when I attain to this standard then I make the move while the family keeps going.



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September 16, 2025, 06:41:41 PM
 #89

Hardship builds character and makes people stronger. I raised children through hardship, but not with the hope that they would support me in the future. I work hard, I have my own home and business. It's not easy, but I have a comfortable life. My children are still dependent on me, and I provide for them the best I can. It's not their obligation to support me financially; it's my responsibility to care for them as they grow into adulthood. After that, they will move on with their lives, build their own families, have their own homes (as expected), and the cycle will repeat itself with their descendants. Those who have children in the hope of being supported by them are weak-minded, incompetent, and lazy. That's not the purpose of parenthood.

Children aren't expensive; life is expensive. They need to be cared for like anyone else. The initial expenses are higher, but over time they become less so. Above all, they need to be loved, they need affection and attention, and they are content with that, not with things. We are the ones who think that to be happy we need many things. What's the point of a life full of things and without love, in solitude?

Note: I'm not saying money isn't important; it's essential. But it's not just money that we need to raise a child; it takes much more than just money.
I will agree with you when you say that hardship makes you stronger it I will disagree with you that hardship builds character, how can a man who is just surviving with living be talking about character I don't agree with you that hardship really builds character because a poor man is not a man of integrity because what is most important for him is how he can survive.



I think that the issue of having children or not all lies down in the mental state of an individual because first society has evolved to a point that giving birth is no longer a priority to many there are people who has dedicated themselves to making the world a better place in their areas of discipline. So to such people they view life from the beyond giving birth but is about impacting life positively personally speaking I am one person who believes that stricter laws should be passed by countries when it comes to the issue of reproduction to avoid unnecessary population explosion which is linked to the current economic and security challenges of the world today.



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September 16, 2025, 07:39:00 PM
 #90

The economy of life...

We need money to live, and I guess for most people in the world, "there's never enough". Can you buy a boat or fly private yet? Can you afford a month's vacation in a faraway country? Do you have enough for your own place? I can ask a zillion similar questions... but there's no point, in the end, we all need to make choices.

All I see in the OP post is selfishness... It's not about the economy, it's about whether you want to have kids. If you want them, you will find a way to have them, and you will give your best to provide for them... how much you can. Will it be enough?

We all struggle with different questions... and many of them don't have a real answer. It's on us to try the best way we can, and time will tell...

 
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September 16, 2025, 07:41:53 PM
 #91

In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them.
You don’t have to be rich before you give birth, but at least you should have a stable source of income, you should have the means which you will be able to take care of the children which you are planning to give birth to. If you know you are not financially stable yet, then don’t even give birth to children yet, because you can’t send them to life and they going to end up suffering, you going to make them suffer for the crazy mistake which you made.

If you think your children are the ones that will build your wealth for you, then you making a great mistake, you should at least start the foundation for your children, then they should continue from where you stopped, and not you depending on them. If you think your children will build wealth for you, then how are you going to take care of them when they still young.

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September 16, 2025, 07:45:16 PM
 #92

In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them. But is having kids the reason why people end up financially worse over the years? Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?

Only an irresponsible parents will think such a thing. This now looks like a baby factory business to me if any parent can think such a barbaric thing. My father prayer has always for me to be better than him and has never depend on any of his children, though he doesn't reject when you gift him but him asking you for money, he will not do that unless you give. That's what I have learn as a man and I will do the same when I have my children.

I don't see anything wrong when their children has the means to provide for their parents, that's one of the ways to show love to parent but when parents now make it a compulsory ritual, then there the title of parent doesn't deserve to there. Only a parent that is weak will do such mind of things. All parents prayer is to see their children in better place and not to becomes another financial difficulties that is making them.

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September 16, 2025, 07:58:48 PM
 #93

Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?
Do we because of our current condition in life, avoid having kids? I don't think children has anything to do with anyone's current state of mind. They are supposed to be a reason for one to work even harder just so you can provide them a better life. Many parents wants what's best for their kids. They go through hell just to see that the children are well fed. They don't ever feel like the kids are some kind of bondage or feels regret over having them.

The economic situation in our countries might not be favourable, but in many countries the government sometimes assist parents who might not be able to meet up with their children expense. They provide them education and other things that would aid them along the way...

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September 16, 2025, 08:20:02 PM
 #94

In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them. But is having kids the reason why people end up financially worse over the years? Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?
Yes, being strong financially is an important thing but we have to keep focus on our religion also. Kids are a blessing and we should mentally prepare them for the hardships of time and people. After marriage, its certain that their will be children born who are dream for their parents. Its not wrong to have children but the issue starts when parents don't think about their upcoming life. They don't think about development and growth of their work or business. They just remain a routine life with no extra struggle which can change their life. They spend on their babies for education and health etc so that they could have some support when they have grown old. They expect more from their children handing over all responsibilities to them. They educate him so that he may get a job and earn a better livelihood. Parents don't do anything wrong for their children infact their children are their biggest investment.

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September 16, 2025, 09:57:17 PM
 #95

We all struggle with different questions... and many of them don't have a real answer. It's on us to try the best way we can, and time will tell...
This is what it is. We have different kinds of questions and problems to deal with and only us can know the answer when we get into that situation.

That's right that we can only do the best when we have met the problem and we're on that situation.

There is no other people that will do that for us. And so, having a children is what a dream of some people while it's not for most. If it's given to anybody. It's best to do whatever you can to provide for it and it also helps a person to man up and stand for responsibilities regardless of the economic situation of that person.

 
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September 17, 2025, 04:09:01 AM
 #96

I personally wish to have my children when I am stabilize in my income and have met the stage of readiness to have it then, if not, I can't get it because my friends are getting, we aren't the same.
Readiness is not only about financial, but what is very important is how to educate him, you and your wife must have the ability to educate your child to be very good, some people are also too focused on financial but forget how to be very wise parents in educating their children, this is also as important in having children.
You are right, I am currently in a stage where I am learning to understand myself fully before attaching any other person with me, I've been in solitude for over a period of 3 months and I am planning to stay like this to fully know who I am, my weakness and my strength, what I truly love and hate. Doing this to prepare myself to teach, lead whoever would be coming my space, my wife and my children to follow.

Yes absolutely, won't be waiting for me to be fully financially stable but at least I can care about my children health, clothing and schoolings too as well, when I attain to this standard then I make the move while the family keeps going.
You have a good attitude. Understanding yourself first will be very good for your character, your principles in living your life, and then having a sense of responsibility.

However, I must remind you that sometimes thinking too much on your own can lead to wrong views, which you then instill in your family environment. You must carefully filter all the knowledge you acquire before applying it, and you must discuss the possible impacts of your actions, which can be either good or bad, sometimes appearing simultaneously in your actions.
Your children and wife will follow your usual behavior, so you must truly have a good understanding as a leader. You must also sometimes compromise and accept every perspective that arises, whether from your children or your wife.

Financial matters are indeed serious, but mentality is no less important. Finances are for sustaining life, and mentality is for living life.

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September 17, 2025, 05:24:53 AM
 #97

Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?
Do we because of our current condition in life, avoid having kids? I don't think children has anything to do with anyone's current state of mind. They are supposed to be a reason for one to work even harder just so you can provide them a better life. Many parents wants what's best for their kids. They go through hell just to see that the children are well fed. They don't ever feel like the kids are some kind of bondage or feels regret over having them.

The economic situation in our countries might not be favourable, but in many countries the government sometimes assist parents who might not be able to meet up with their children expense. They provide them education and other things that would aid them along the way...
I agree with this. We have the right to have children even in poverty. The presence of a child brings joy to parents, and it gives us a greater sense of responsibility to provide for our children. It motivates us to work harder, regardless of the outcome. All parents strive for the best for their children.

It's perfectly natural for parents to want their children to have a better future. This doesn't mean they want to depend on their children for their livelihood, but there's a certain joy in seeing their children succeed; parents consider themselves successful.

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September 17, 2025, 05:54:17 AM
 #98


I agree with this. We have the right to have children even in poverty. The presence of a child brings joy to parents, and it gives us a greater sense of responsibility to provide for our children. It motivates us to work harder, regardless of the outcome. All parents strive for the best for their children.

It's perfectly natural for parents to want their children to have a better future. This doesn't mean they want to depend on their children for their livelihood, but there's a certain joy in seeing their children succeed; parents consider themselves successful.
After reading many posts I have to agree with you because it's not a matter of poverty or anything else children always bring positive changes that are important for every human being this also gives good motivation to do hard work and enjoy life.
I am living here where things are below average but people have a good luxury of kids which brings them happiness and provides good encouragement even in difficult times.
In few countries, the mindset is changing and people are not feeling this way still, those who love children are doing their best for it. Many want to live without children, which is their right, but I always want to have kids around me for happiness and a good change in life.
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September 17, 2025, 06:49:54 AM
 #99

In my country, it is pretty common for parents to have kids then think that their kids are their hope. That is because they get kids without being financially ready for it yet and then they just eventually hope that when their kids grow up they will be the ones to build wealth for them. But is having kids the reason why people end up financially worse over the years? Do not get me wrong, kids are a blessing but realistically speaking they are expensive. Is it fair to yourselves and to the kids to have kids just to leave it up to them to be wealthy and let them grow up through hardships?

I think I’ve already read a topic similar to this one in the link here: https://bitcointalk.org/index.php?topic=5556032.0
. But let me still answer your question — I agree that children are truly blessings from the Lord, no doubt about that because it’s true.

And as parents, it’s our obligation to guide them as they grow up and teach them the things that will benefit them in life, aside from the very reason
why they were born into this world in the first place.

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September 17, 2025, 06:52:16 AM
 #100

After reading many posts I have to agree with you because it's not a matter of poverty or anything else children always bring positive changes that are important for every human being this also gives good motivation to do hard work and enjoy life.
I am living here where things are below average but people have a good luxury of kids which brings them happiness and provides good encouragement even in difficult times.
In few countries, the mindset is changing and people are not feeling this way still, those who love children are doing their best for it. Many want to live without children, which is their right, but I always want to have kids around me for happiness and a good change in life.
Some people enjoy life without having children. The cost and responsibility of raising children are scaring some people from giving birth.  With the high rate of inflation, the cost of living is also rising, so people wouldn't want to bear the extra burden of spending on children.

Child raising also requires time and energy.  You need to be always around to take care of them, and this will affect you not just in your career but also emotionally. The emotional stress of bringing children can affect mental health if one is not careful.

I have children, and I can affirm that children bring happiness and they can motivate parents to work harder. The love they shower on us parents cannot be compared to anything.

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