Reply to How is it possible for people to not be able to afford children?

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[quote=Anonymous][quote=Anonymous]Having two kids in my late 20s on $125k income was challenging when (1) we had daycare expenses, (2) we wanted to save for a house, and (3) we wanted to save for college and retirement. We had 0 leftover at end of month and bought cheap food, never ate out, only went camping for vacation. Most of those were ‘wants’ but that’s the calculation your friends are making. And that was without any car payments or major student loans. It’s why we only had two though I would have wanted 3. If people want the house, or travel, or ability to send their kids to top schools, I see why they think they “cant afford it” on <$150k especially for multiple kids. Add in medical expenses, especially for a SN kid, plus wanting to allow kids activities and experiences as they grow up, and it can be daunting. In my late 20s/early 30s I felt similarly to you and just figured we’d make it work, but in retrospect with older kids, college and retirement getting closer, I understand why people who are more cautious may feel differently than I did.

Also, I’m 40, went to a top school and have risen to level of VP at work, and consider myself to lucky to now be making $150k in my low paying industry. Your “anyone can make $150k in their 30s” comment is silly - and if you are talking a dual income family, high quality childcare is crushing.

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