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Yes, children are great, but they can leave you skint

Yes, children are great, but they can leave you skint

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Featured contributions

  • Not your typical pop media opEd on the kids debate. Some good reflections on economics, culture and policy.

    ‪“In China, state propaganda stigmatises women without children as ‘leftover’, just as it once condemned those who breached the old one-child policy. The implication is the same: the female body

    Not your typical pop media opEd on the kids debate. Some good reflections on economics, culture and policy.

    ‪“In China, state propaganda stigmatises women without children as ‘leftover’, just as it once condemned those who breached the old one-child policy. The implication is the same: the female body is a resource that the state can appropriate to ensure its own growth.”

More contributions

  • An interesting takeaway is the prediction that Malthus got it wrong but we still end up with a future economic environment similar to Toffler's description.

    I don't have kids so I can't complain but I sympathize with my friends who struggle with the high cost of housing day çare post secondary education

    An interesting takeaway is the prediction that Malthus got it wrong but we still end up with a future economic environment similar to Toffler's description.

    I don't have kids so I can't complain but I sympathize with my friends who struggle with the high cost of housing day çare post secondary education. They don't care they feel rich their children make them happy.

  • "However, in Germany, the emphasis is on supporting women." Huh. Imagine that! Men are so stupid that this isn't obvious everywhere.

  • Never had kid$ and never regretted my decision.

  • “the female body is a resource that the state can appropriate to ensure its own growth.”

  • Yes, but someone went “skint” for us, so we can exist and then reject the idea of becoming “skint”. We plan for retirement and save for it so we won’t be “skint” retirees”. We plan for vacations and save for it for likewise purposes, we plan for our business and budget for it as well for the same reasons

    Yes, but someone went “skint” for us, so we can exist and then reject the idea of becoming “skint”. We plan for retirement and save for it so we won’t be “skint” retirees”. We plan for vacations and save for it for likewise purposes, we plan for our business and budget for it as well for the same reasons. We know that unless some drastic measures are taken we will all end up as parents at one time or another. Therefore, why is it that knowing that and knowing how much it costs for our own selves to live, why is it that we don’t plan and don’t save for the “time of children”, since we will have 18 years raising them? a time for which we are responsible for their care, their daily living expenses, their entertainment and their education.

    Yes, we see a lot of people financial planning for their children’s college education, but that is a plan for their education only, and only a plan they begin AFTER they have children, not before. Therefore, after children are born their living expenses double and sometimes triple or even quadruple depending on the child’s health or special needs (just as a business that doesn’t

    hoas expected). And then yes, parents do go “skint”, but that has nothing to do with the fact that hey have have children; the fault is traced to the parents, who, embarked in the parent journey without being prepared ahead of lime. They ignored the obvious. They ignored to investigate the facts well ahead of time and they failed to financial-plan for it. Obviously we are not taking an-out planning to save millions to spoil a child when he/she is born. We are speaking of saving ahead of time to be able to give adequately to that child what he/she needs without making yourself poor or deprived.

    And yet, even without this planning, in reality there aren’t many parents who went broke because they had children. Yes, parents who didn’t man ahead may have to curtail a luxury here or there or go on less vacations because they did not financially/plan for a child’s living expenses, but none of them, at least not in the US and Europe, none of them starve—whereas many people do go broke even without having children.

    A simple savings account where one can save as little as $20 every paycheck, more if they can afford it, saving ahead of time in case they may have children in the future, would solve the “skint” problem and take away at least most, if not all, the financial stress of raising a child. It is a wonder we as a society, don’t think of this before hand. We, financial-plan for a dream wedding even if we don’t have a marriage prospect; we financial-plan for a funeral even if we have no idea when we will die; we buy huge amounts of life insurance, even when the cost of dying is in reality free (because we also financial-plan for our funeral, and health insurance takes care of hospital bills) Do the question why we don’t financial-plan for children’s living expenses is a mystery.

    The answer to this mystery lies on the fact that before having children, most people don’t want to have them, and therefore they even thinking about how much money it takes to raise a child. Honestly, ask any single childless person how much does a package if diapers cost? or how much does one can of formula cost? Then ask then how many of those items does an infant child needs a week? It is likely that none if those you ask that question yo knows the answer, and once they find out, immediately their reasoning goes to the “I am not going to have any children“. But we all know what happens later either by their free will or not, whether they want it or not, children are born to most of those who swear they will never have them. And so the truth is, human nature is, we rarely, or never financial-plan for that which we don’t want, or don’t like, or hope it will never happen to us. We only financial-plan for death expenses because that is a sure thing, and we know it, but not because we want it. And since children can be a choice to have or not to have, there are those who choose not to have them and then accidentally have them! In either case, the reality is that there a mental block about this that somehow does not allow people in general, married or single to plan and to save for the living expenses of their future children. This should be a must mentality just as the rich and the poor are taught to prepare and to save for the future.

  • The last thing the earth will need in the coming years is higher populations. Resource scarcity (unfortunately) will force more child-rearing age folks into the question, “Is it worth it?”

  • Great to hear what Germany is doing, this is a really important topic.

  • Lol no children are not great. They are terrible. They require work. They are ignorant. They're expensive. There's nothing great about having children unless you're insufficient at finding emotional self satisfaction from a reasonable source like a dog.

  • Coming from Quebec, subsidized childcare is great for working moms BUT unfortunately since the price is low, people abuse of the services. People who really need a nursery has to wait for months. My friend who owns a nursery has cared for babies as young as 3 weeks old, even when maternity leave lasts

    Coming from Quebec, subsidized childcare is great for working moms BUT unfortunately since the price is low, people abuse of the services. People who really need a nursery has to wait for months. My friend who owns a nursery has cared for babies as young as 3 weeks old, even when maternity leave lasts 1 year in Quebec. Often times, the mothers of these young babies are stay home moms...