Considering not having children due to affordability?

I’ll share my two cents.

I grew up in an incredibly poor household of 5. There were many fights primarily related to whether or not my parents could pay the next bill. This caused a lot of emotional stress on the parents and us as kids felt it in the room, but didn’t know what it was from. It did go away once we were old enough to truly understand what was going on, but that stress for my parents basically feeling like they were inadequate working so many hours and not being able to provide for their family took a toll on them.

Coming from that experience, my wife and I promised each other that we need to be financially stable in order to have multiple children. We’re at 2 now, but growing. Being Abe to “provide” experiences and essentials for what we define as a “good life” has been truly an emotional experience for us. Money has been the tool to allow us to live up to those standards, but also focusing on our own health and relationship helps fuel that drive. That also has a cost associated with it. We made sure we could afford all these costs PRIOR to having children.

This is just our story. Whether some people think it’s right or wrong, I don’t care. It’s our life and how we want to shape it.

/r/PersonalFinanceCanada Thread