Quote:
Originally Posted by Gerbs
Recent topic we had over the weekend were friends saying they had to make $xxx,xxx or have $1M before they have a kid. Citing that they needed them to go to private school, 3-5x extra curriculars, tutors, buying them car, tuition, house.
They barely even have $5-10K saved at 30, how are you gonna buy them a car or house lol
Otherwise, a lot of things are luxury and are nice to haves.
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It's better to have kids when you can have them, rather than waiting for the right time. There's no right time... and those who wait for the ideal circumstances often end up spending tens of thousands on fertility treatments.
I became a parent when I was 33 years old, which at the time was considered old, but is now considered young. I am seeing peers and friends having babies in their 40s and while they may have more experience in life, they're more tired and probably more stressed than I was when I was in their position in my early 30s because I was a bit more naive about life.
We had 1 car for a while and we moved further away when we had kids. We sacrificed a lot in those early years. We were pretty modest with our baby gear as well - we never bought more than Ikea furniture and didn't get sucked into the Uppababy hype. Aside from daycare expenses (which do hurt, NGL) kids are really only as expensive as you want them to be. It's the parents that feel the need to keep up with the Joneses.