how stable should your finances be before trying for a kid?

Answer 1

although it is nice in this day and age to be comfortable, i always remember what my gran used to say, ' if there is love in a home, happiness follows, if you have alot of money the happiness doesn't stay, kids thrive on love and attention ' - she used to end it with - 'although it's nice to not worry, you can always afford a kid, not because you have the financial security to do it, but because you will never see them without and will budget round them.'----------on the other hand my mum always said to me, it doesn't matter how much money you have, you'll never think you have enough when you start a family. x

Answer 2

Well, if you wait until your finances are stable most of us would never have children. At some point, either by accident or design, you find yourself expecting a kid. It's then that something like the second car, expensive holidays, going out and generally doing anything fun gets pulled right back. If you adopt the mindset that the child is more important to you than these other things, you'll be fine. If you spend your time wporrying about being able to afford new cars, new stuff, whatever, I'd suggest that maybe you put off having kids for a bit until you're ready.

Answer 3

The short answer I think, is stable enough to provide a stable and consistent environment for your child. You don7t need too much for this.
the long answer is the money is certainly not the important thing... you can always get enough to live. Much more important to nuture a growing child is an emotionally stable environment that can provide the love and structure that a growing young heart needs. Pick up any of a dozen books on Emotional Intellligence and you will see what I am talking about. This sort of environment will make up for any financial deficiencies more than a thousand fold, although this sort of environment porbably won't have financial deficiencies as it is already emotionally stable and therfore able to cope with the financial whims of the world.

Answer 4

When i had my son we didn't have any savings but we rearranged a few things to cope with the extra expense, like a car loan and credit card was consolidated into one and then we only had one payment coming out and we went down to the lowest package with Sky, went onto a cheaper tariff with the phone etc etc, its a good idea to do a car boot or put some stuff on ebay to sell cos there will be loads of stuff to clear out of that 'spare room' that no one ever went in before the kids came along

Answer 5

By the time you are stable, Big Brother would unstabilise you.

Don't bother about being stable, do it when you want to and not a moment longer.

You are not getting younger and you would still want to play games with him when he is a growing kid and not just minding a walking stick!

Answer 6

Well, to me, money is just an object compaired to the joy of having a child. Of course you should probably be able to aford the must have's such as diapers, food, and maybe insurance for doctor visits. Keep in mind that there are ways to save money. Do you really need that mobile that plays 60 different lullabys, or the designer baby clothes? be practical with your money and remember children grow out of things fast. Hand me downs are not gross either.

Answer 7

They will never be stable enough. Just save and try to do the best you can. Don't worry about the stuff you can't. Because there will always be stuff you can't do. Just be able to afford the neccessities.

A roof, a bed, food, clothes, and medical insurance. The rest will come.

Answer 8

Well if you wait on that, you will never have a kid. That is unless you're wealthy already. No, only joking but I would say make sure you can pay your bills before you try having a baby. You can't pay them then how can you bring a child into the home and take care of him/her financially

Answer 9

Not everything can be planned so well, wish it could like!!!

I was the worst person with money before I had my baby....but your outlook changes through the force of having a child....you become more responsible not just with money but everything!!

Don't plan too much you'll take the element of surprise out of things!!!

Answer 10

There is no price you can put!
As long as the baby comes into a loving family you mange.
I had two unplanned babies while hubby was at uni, we still got on and kids never went without.