The financial impact of raising children

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#1Mar 1, 2021, 05:45 AM
In my country, a lot of parents have kids and then see them as their future hope. They often have children without being really ready financially and end up just wishing that their kids will be the ones to secure their financial future down the line. But does having kids actually lead to people becoming worse off financially over the years? Don't get me wrong, kids are amazing, but let's be real, they cost a lot. Is it fair to both yourselves and your kids to bring them into the world just to hope they'll be successful and let them face tough times?
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just_neonNewbie
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#2Mar 1, 2021, 06:32 AM
You aware that there was a thread discuss about the same thing and you even made a reply. What you're looking for? spamming? I suggest you to lock this topic.
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just_hawkNewbie
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#3Mar 1, 2021, 06:59 AM
This is the mindset of many poor ignorant people, they will keep giving birth and multiplying children with the hope that one or two of them will grow up and become rich to take them out of poverty. They don't reason that one or some of the kids can become criminals and give them heartbreak, in the end poverty will keep increasing and most of them will die miserably. Enlightened people plan how many kids that they can afford to take care of and when the kids starts to come they will give them the very best care and education that they can afford. There is a part of a country that has a lot of terrorists, if you research you will find out that most of the parents and children born in that part of the country are destituts, very impoverished and that is why they can be easily recruited into terrorism. If the parents were enlightened and stop giving birth to uncountable children, poverty will decrease and they can resist crime.
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hash879Newbie
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#4Mar 1, 2021, 09:00 AM
That's the traditional belief in most asian countries about having kids and hoping that someday they'll pull them up and get out of poverty through them. But that's a burden that many of those kids shouldn't have while they're young. It's the bad of the parents who have lack of knowledge and yet, they still had a kid without being financially ready. That is irresponsible parenting there. Kids shouldn't think of that matter and they should be free to walk in the path that they want having no burdens thinking of sustaining their parents/family's need.
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#5Mar 1, 2021, 11:10 AM
It was an olden days pattern whereby you discover that parents are giving births to children for the purpose of helping them to their farm works instead of relying on other slaves or strangers that they may employ to farm for them, this was an olden days mentality as I've said, but today, parents don't leave by all these, even those in the remote areas have been suffering to ensure that their children had a better future and never take them for granted by engaging them into hard labour. No, the parent can choose to have a single child and yet complained a lot about the demands in raising that single child up, we are the ones that should be up in our game by working hard so that our children may not meet any of these as a continuous challenge for them.
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shard982Member
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#6Mar 3, 2021, 04:24 AM
I think the real challenge is when parents rely on their children to fix the financial struggles they themselves didn’t address that can create unnecessary pressure on the kids who should ideally have the freedom to pursue their own paths rather than carry the burden of securing the family’s wealth. In my view it’s fairer for everyone if parents first focus on building some financial stability before bringing kids into the world that way kids grow up with less hardship and parents don’t feel forced to rely on them later. Of course life is never perfect and sometimes children really do end up supporting their parents out of love but it shouldn’t be an expectation from the start.
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#7Mar 3, 2021, 05:24 AM
You are of course right by saying that parents these days just give birth without birth control of a care for their financial status and the point to note in all these is that the aim of life is actually for procreation. Although some countries put a restriction on the number of children expecting parent should have but that's not a guarantee that these children would do better and be the families financial savior  later in life. Children are of course a blessing from God but potential parents who don't really need it should avoid actions that would make them have children that aren't planned for thus creating financial hardship for themselves and the society at large.
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mr_pixelMember
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#8Mar 4, 2021, 02:21 PM
Japan is now a threat to the loss of human population, the reason as you say, if we think in a common sense, children are not a burden on the economy, precisely without realizing those who do not have children that is the economic burden, life is sometimes strange, that's the situation. I have seen some people without children, they are burdens with themselves, when they suffer from illness, no one cares about them until the old man dies without guiding, For me the child is a sustenance carrier for those who care for him, raising him sincerely, many children who return the favor to their parents, Whether it's from the economic or physical side, children are not a problem for the lives of parents while being educated wisely.
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coinhub10Newbie
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#9Mar 4, 2021, 04:46 PM
I think that's how people used to think. However, things are different now, thanks to advances in technology and information, and warnings about the risks of having many children have led many people to consider having more. One reason for this difference is that contraceptives weren't as widely available and readily available as they are today. This is why people in the past didn't think much about the risks of frequent sex, as sex was clearly a necessity of life, and having many children without contraception would only result in more children, rather than bringing blessings. We need to differentiate between the two, because most families today only have two or three children, and they are quite intelligent in considering the risks involved.
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#10Mar 4, 2021, 07:08 PM
Everything that has merit also has demerits. A high population could be a burden to the economy since there will be pressure on infrastructure and government spending. But a high population is also an industrial and military strength of countries. Both Japan and China are trying to reverse their birth rate restriction policies because it is becoming a national emergency, since the majority of the population is aging and the birth rate is low. In rich nations, they have a well-financed welfare system for the elderly. Retirees and the elderly depend on the government for survival. The perception of relying on children at an old age is popular in developing countries that have poor economic conditions.
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#11Mar 5, 2021, 12:29 AM
I've already heared people telling they would like to have tons of children, so they wouldn't be alone once they get elders. Others also claim that by having many children, it would bring them better financial conditions in the future. These people are actually gambling with life, because there aren't any guarantees here. There are many probabilities and variables which can happen along the way, impacting the final outcomes which can't even be what they were expecting at first glance. So, it's not a good deal. People have to take more responsabilities for themselves, while stopping to put responsabilities over someone else's shoulders.
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shardzSenior Member
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#12Mar 5, 2021, 01:53 AM
Not everything in life goes as planned. But yes, before having a child, everyone should prepare themselves financially because raising a child requires a lot of money. It is the responsibility of every parent to implement their basic rights and help them build their career. And every child hopes that their parents will leave them in such a position after death so that they can live their next life well. Considering these days, a parent must strengthen their financial situation before having a child.
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#13Mar 5, 2021, 03:08 AM
Yes, its absolutely right in my country people have kids just with a thought they will support them financially without thinking any other aspects and bring them into this crucial world. No doubt kids are the most beautiful creatures of God but it doesn't mean you are allowed to bring them into the world and have no care for them. This matter is something about which not to think emotionally but logically and wisely. If you are deciding to have kids the very firstly you have to make yourself this able so you can raise them with their basic facilities not to face problems of this aggressive world. if you are doing this you are guilty in law papers and you are also guilty in the court of Allah. this is very necessary to give awareness to the people about this serious issue. And to teach the people that don't make the kids a source of income anyway.
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dr_nonceNewbie
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#14Mar 5, 2021, 07:35 AM
Having kids to hope for them to become rich makes no sense, that is not how it works, the money should be going towards the kid, not towards the parent, so you should be responsible for your kids wealth, not the other way around. In my nation people have kids because they want kids, there isn't really any other reason. If you want to have kids with your spouse, then you have one, and if you can't, you go to doctor and ask for help and they do IVF and you have one. If you have any other reason, that's wrong. The only proper reason is to want one. And yes, cost of raising a children is a lot, in my nation too, and I am sure in every nation, but that doesn't stop people, we still do have them. But looking at the rates, we are having less and less kids.
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#15Mar 5, 2021, 09:04 AM
It's pretty funny, this is why the poor always become poorer and the rich become more richer by the day, wealth you see comes from your mindset before it starts showcasing  outward. How can you even think about it, that your children will just spring up and become rich over night and give you the better life that you couldn't afford without you giving that child a quality education or skill, Poor people with their own kind of thinking it sounds crazy off course, children are blessings from God and they aren't supposed to be exposed to suffering and hard life. However, the way you dress your bed is the way you lay on it, how well you prepare your children through quality education and every other thing that can ensure and secured better future for them matters alot because that is the only way you can get back from a child, if didn't invest in them then don't expect more from them.
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#16Mar 5, 2021, 02:27 PM
First and foremost, parents should not think that children will be their savior in the future. What every parent can do is give them good education so they can stand by themselves and not be a burden of a society. That alone, will give them satisfaction that they have done their part as parent. Because if their kids will have their own life, they surely need to survive, and without weapons to survive in this life, they will just be another load to carry by the family. So it is ok to have a lot of kids as long as you can give them good education or equip them how to survive in this life on their own. But if not, better think of how many kids you can really raise before anything else. Because if not, it is your kids that will suffer from what life you will provide them.
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bull770Full Member
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#17Mar 5, 2021, 06:33 PM
It's true that kids are blessing, but I don't think it's right to bring a child into this world without having a plan for the child. We totally understand that the economy is really hard on most people, and people just think they have to get married and have children and hope the child or children become wealthy when they grow. Having hope is a good thing, but I think in this situation you have to plan for your child or children before bringing them into this world. We should also learn to give birth to kids we can cater for. So it's not fair on a child if you don't have plans for them. It's good to pray and hope that your kids do better than you in life,  but it's wrong to put so much pressure on them to be rich when you did not even give them a good foundation.
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#18Mar 5, 2021, 07:36 PM
One speaker in my YouTube class once said, and quote: Children doesn't bring blessings, But is blessings that brings children. What that means is that, whenever a parent bring up a child is should be is the most acceptable and responsible ways to mold them into becoming better adults for themselves and the society, so if people give birth to several kids that they can not train properly, it becomes more than a course to them and could be the reason for more poverty in the family.
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bullz25Newbie
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#19Mar 6, 2021, 12:05 AM
Its made a burden by the state. Worldwide the cost of raising a kid is way higher that 40 years ago. 40 Years ago a family with one earner had 3 kids. Now both are working and hardly have one.
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foxpro620Newbie
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#20Mar 6, 2021, 02:53 AM
This mentality of giving birth to children and at the end of the day they will be the ones to take you out of poverty bondage it's just a funny mentality, in My country we call it Africa film, true children are blessing form God but we should also understand that there are there to continue our lineage, once we are gone and no more, because somebody gave birth to our parents and our parents, gave birth to us so definitely we need to give birth to our own so we won't cut off the life span of the family. So many of us just have the mentality of giving birth to so many children, that's why family planning if very essential, when one know that he or she is not financially stable what's the excess of giving birth to so many children to bring them into this world to start a struggle that you were not able to finish. To me it's a very unwise decision to produce kids into this world and leave them in hardship with the mentality that they will get wealthy tomorrow, normally it happens we have read stories so many people who came form a poor background and later turn out to be wealthy people in the society, but that kind of luck doesn't reach everyone.
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