It mystifies me that Foler hasn't been permanently banned from the entire carebear subforum.
Folder comes along
- 3
- 1
- 1
It mystifies me that Foler hasn't been permanently banned from the entire carebear subforum.
Ok I’m sorry for calling you a raftcoon here lend. I got a little carried away. It happens, sometimes…
You stated in your post that it just flatly does not make sense financially for both parents to work,
Even if your wife only makes like $80k or something
Having kids also doesn't make financial sense if you just look at the numbers. I've read it's about $100k to raise a kid to 18 (YMMV). Paying for college could double that. In most cases the parents do not recover anything financially significant from their children. If the children do something like provide elder care to their infirm parents, then that is a financial benefit since it may save on elder care costs. But I'm not sure if even then it makes financial sense. If the couple stays childless and instead invests the $$$$ that would have otherwise been spent raising kids, they would likely come out much better financially.It USUALLY doesn't make financial sense if you actually crunch the numbers.
Having kids also doesn't make financial sense if you just look at the numbers. I've read it's about $100k to raise a kid to 18 (YMMV).
Having kids also doesn't make financial sense if you just look at the numbers. I've read it's about $100k to raise a kid to 18 (YMMV). Paying for college could double that. In most cases the parents do not recover anything financially significant from their children. If the children do something like provide elder care to their infirm parents, then that is a financial benefit since it may save on elder care costs. But I'm not sure if even then it makes financial sense. If the couple stays childless and instead invests the $$$$ that would have otherwise been spent raising kids, they would likely come out much better financially.
How old are your kids hoss?You sound like an alt of Khane and Kirun.
The last thing I want is to think about total cost of a kid. Lets just say I enjoyed spending every penny and call it an entertainment expense.
Au pairs don’t get minimum wage.I know plenty of parents who could use au pairs. Their kids daily cycle consists of going to school, then coming home and watching drivel on youtube/tiktok for 4 hours while waiting for their parents to finish work. Not a good way to raise kids IMO.
We used daycare, where I drop kids off and pick them up after work, until school. With school I've mostly filled the after school time with extra curricular stuff like sports, music, learning other languages. I'm lucky enough that I've not only worked from home for many years, but my job is very flexible, so I've been able to do school dropoffs and pickups without issue their whole lives, I can go to school for events, taxi between after school stuff, and even put up with kids chatting with me after school while I try (with varying levels of success) to work at the same time.
When we first had kids my wife toyed with the idea of extended time off work but ended up going back to work as soon as they were on bottles, 5 months or so after birth. She spent several years lamenting whether it was the right choice because she wished she'd spent more time with the babies but now that she's doing well career wise she sometimes talks about how it turned out for the best. Not being able to see inside her head it's hard to tell for sure how much it's really weighed on her, these kinds of decisions are hard to make. What's right for one person might be wrong for another.
I also know a few mums of my kids friends who are struggling to get back into the workforce after 5-10 years off. One is actually having severe mental health problems because she was some kind medical company hotshot before having kids and now can't get back into anything she's willing to take.
I've only ever known one family who had an actual au pair, and it was weird since the wife didn't work. She (the wife) was super fat and lazy as well. No doubt there's plenty of normal au pair families out there but I don't know enough really wealthy people to know any. I imagine au pair is less common here than in the US since our minimum wage is so high but I'm not sure.
Imagine not having children because they cost money.You sound like an alt of Khane and Kirun.
The last thing I want is to think about total cost of a kid. Lets just say I enjoyed spending every penny and call it an entertainment expense.
Au pairs don’t get minimum wage.
Program Cost
The cost of au pair child care is per family, not per child. View fees to learn more.www.aupairinamerica.com
Imagine not having children because they cost money.
Its what the money was for in the first place.
I'm convinced something pathological happens in the brains of childless people sometime in their 30s or 40s. Where they start viewing everything in life exactly backwards.
I've always been a VERY selfish person and somebody who has always lived by, "leave me the fuck alone, let me do what I want, and I'll afford you the same".Imagine not having children because they cost money.
Its what the money was for in the first place.
I'm convinced something pathological happens in the brains of childless people sometime in their 30s or 40s. Where they start viewing everything in life exactly backwards.
I'm in the same boat, my girlfriend doesn't pester me about getting married but I know she would like to. Every time I think about taking that step forward I feel a little pukey. I already let her know it will never happen and she seems fine with that. It just hard for me to get past the fact I was completely in love with my wife and I know she was completely in love with me and some how today she can't talk to me on a phone.I can't solidarity this hard enough.
I've been with my current GF for just shy of 5 years. She teases me at LEAST once a week about marriage and has for the past 2 years or so. And while she tends to be about 9000x more authoritarian than I am, our views on most other things are pretty aligned. I just can't make that "leap" because of the aforementioned fear of financial ruin. Even though she makes only around 15k less/year, has a solid retirement account, isn't a golddigger/constantly wanting gucci shit, etc. Just can't do it.
I think for me it's knowing that I'm still in "control" of my financial future. By "committing", I'm giving that up for what benefit? A slight break on my taxes? Wooptie shit.
From a child development standpoint, it is totally worth it to have a parent stay at home and focus on childcare. It avoids so many issues and can prevent a lot of behavioral problems. Parents should do what they can to make it happen if it's feasible. That may mean cutting back on vacations, new cars, etc. and living a more modest life, but the benefits to the child are worth it. But, of course, there is a significant financial cost. Not only do they lose out on the current earnings of the parent, their future earnings are typically diminished as they lose many years of work experience and may find it harder to get an equivalent job to the one they left. But even that is a worthy sacrifice for the child. If the parents are really trying to maximize their finances, they should avoid having children altogether. That will save a ton of money in direct costs related to raising a child and allow the parents to follow whatever financial path they want.
But one really important thing parents should realize is that if one stays home, the other is taking on the responsibility of financially supporting the family and financing their retirement. This is where the working parent often feels they get shafted in a divorce when the SAHP gets 1/2 the retirement, child support, and alimony. But that's part of the deal of agreeing to having one parent stay home. The SAHP is giving up their ability to support themselves in order to provide childcare. If the working parent doesn't like it, they should not agree to the other parent staying home. Or get divorced before they quit so that the financial split in the divorce is equitable since both people are working at that time and have similar assets.
even if your wife is only in the top 23% of individual income (before adjusting for sex or age which means its actually much, much smaller) or something? Is that what you meant?Even if your wife only makes like $80k or something
Youre discussing a very small fraction of the country.