Right. In this wacky world, the person that works hard to make more money, who saves and prepares for the future and for his kids is the one that doesn't truly appreciate the dollar... and the one that doesn't save and prepare for the future or their kids does know the dollar!
There is NO such a thing as being financially ready to have a child. EVER
I wouldn't even be here if most people did that. Both of my parents come from upper middle class families and both had higher education......yet in the country we lived in..... they never even had a REMOTE chance to be financially stable (WITH jobs too) OR ANY kind of future.
Guess what, they still had me and my brother and we turned out JUST fine.
Just like I had my kids very young (and no I was no where NEAR ready) but guess what, after 14 years I have been working 3 careers/own a home and I'm doing JUST fine.
So you just keep waiting until you have your $150k in the bank for your one child's college fund and "1 million " dollars our society tells you that you will need to raise a child.
If your idea of parenting is handing out cash for every little thing your kid wants and jumping at every time they require money, you are in for a shock when they grow up.
Good luck with parenthood.
I support my children very well, but I make it clear that I'm not an ATM and they do NOT get hand outs/have to work for their own things. If they do well/behave etc Im MORE than willing to CONTRIBUTE. But no "free" rides......they will take you for a ride AND some (I see it with my kids friends ALL the time). There is no LIMIT.