100 years ago, kids were much less of an investment than today (they’d start pulling their own financial weight at like age 6-12, not at age 20-30 like today) and they’d be the only thing making the difference between being able to retire to one of your kids’ home or the poor house.
Nowadays kids take much more money and time to get ready, and if you have no kids you can still retire and have your retirement financed by other peoples’ kids. And then you even get to keep all the money you would have spent on getting your kids ready for the world, and you can spend it on yourself.
Financially speaking, having kids used to be a necessity and now it’s a pretty bad choice.
Yeah, then child labor laws came and ruined that for everyone.
But don’t worry, soon those too will be a thing of the past!
This, but also retirement being a thing.
100 years ago, kids were much less of an investment than today (they’d start pulling their own financial weight at like age 6-12, not at age 20-30 like today) and they’d be the only thing making the difference between being able to retire to one of your kids’ home or the poor house.
Nowadays kids take much more money and time to get ready, and if you have no kids you can still retire and have your retirement financed by other peoples’ kids. And then you even get to keep all the money you would have spent on getting your kids ready for the world, and you can spend it on yourself.
Financially speaking, having kids used to be a necessity and now it’s a pretty bad choice.
Don’t worry. They are working on getting rid of this.