A lot of people wonder if it is a great idea to have children (or more) in this weak financial economy. I once heard someone say that if you wait to have kids until you have enough money, you’ll go through life childless. However, in this day and age where people are being laid off and jobs are scarce, is adding to your already tight household budget really a smart move?
Well, I suppose it all depends. Second (and especially third) babies can be much less expensive, especially if they are the same sex. After all, you already have the baby gear and clothes, which are the most expensive parts of bringing a baby into the world, besides the hospital bill! Of course, if you opt to nurse and/or make your own baby food, you can save even more money there. And let’s not forget cloth diapering!
There are plenty of ways to ease the financial burden that having a child can be. Some of us are even more fortunate and have family that help out. I think the most important thing that can be said is that you shouldn’t not have a child just because of an uncertainty. If you or your husband has been recently laid off, by all means try to put the baby making on hold until your situation is a bit more stable. In my opinion, though, you shouldn’t indefinitely halt the completion of your family based on a what if. After all, we never know when the economy will fully bounce back, or if it will ever be what it was. And if that is the case, you may have missed your chance.