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Reply to "2017: Has marriage & 4-6 kids become the ultimate signal of real wealth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well for us the reason is money and we make a pretty good living comparatively (HHI ~ 600k). We have three kids and we feel pretty confident that we can give them a nice life including all the extras like travel, private lessons, and sleep away camp. And college savings. That's the kicker. Our FA has us saving 1250 per month PER KID. I guess people who have 4-6 kids and live like the OP make in the seven figures.[/quote] So the only rationale for having more kids is that you can afford them? There has to be a more compelling reason. Poor families pop out multiple kids and can't afford them and they end up welfare....what's their rationale? [/quote] https://www.theatlantic.com/business/archive/2013/11/your-brain-on-poverty-why-poor-people-seem-to-make-bad-decisions/281780/ [quote]In August, Science published a landmark study concluding that poverty, itself, hurts our ability to make decisions about school, finances, and life, imposing a mental burden similar to losing 13 IQ points. [/quote][/quote]
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