Having children is the worst financial decision you can make... True or False?

[Anonymous]

True

False

[Drumlin2001]

They don't have to be that expensive, if you are savvy and happy to go with second hand.
My biggest mistake was not buying a property when younger and laddering up. I recently made over £50k in 2 years on my house, could have been far better off if I'd managed buying and selling properties properly. Wasn't in right head space though

[exitseven]

If you base it on purely financial reasoning then yes it is. Having kids is very expensive and even under the best conditions the rate of return will be dismal.
Like anything else in life there are other things to take into account. I had my kids here for Easter and it was awesome to see them doing so well on their own. They have turned out well and it really makes me happy. That is worth a lot to me.

[exitseven]

Thanks for the MHO😎

[Sour-rose]

If you ain't entirely prepared, yeah. It can also be the biggest waste of money when little sarah saw the ball in the street and chad was just texting his girl for one sec aaaaaand...

[Imsmurter1]

yikes...

[Anonymous]

False. Of course it comes with costs and responsibilities, but not everything is about money.

[Asker]

Yes but this question has everything to do with money

[Opinion Owner]

My answer is still false.

[Asker]

What would you say is the worst?

[Opinion Owner]

What do you mean by worst?

[Asker]

The worst financial decision

[Opinion Owner]

Living beyond a person’s means.

[Imsmurter1]

Probably just burning your money. I mean that counts as a financial decision right? haha

[HighValue]

False. Getting married is the worst financial decision a man can make. Taking out student loans is the worst financial decision a woman can make and it is the second worst financial decision a man can make.

[Losalt]

It depends on the country and your own situation.
In some countries it's a economic benefit to have children, or it might be for certain income brackets etc.

[007kingifrit]

they take care of you. increase your life expectancy, lower your medical bills by making you happier and thus less sickly,

also what is the point of money if you aren't going to spend it on something meaningful like kids?

[OddBeMe]

It’s certainly the most expensive endeavor normal people take on. Guess it depends on whether they want the kids or not.

[888theGreat]

True and False , at first yea , then they can help with a business or make sure your finances are taking care of when you get old

[Anonymous]

Nah, bullshit degrees or just degrees you don't use to work with

Long-term leasing

Unsecured debt

[IsoUser]

I love my son and would do anything for him.