Does having children increase your chances of living in poverty, foreclosure and bankruptcy?

Question

I remember the Department of Agriculture once doing a study, especially on single income families, on this but can't find it on their website anymore.

Answer 1

Of course it does.

It also has been linked to insanity, alcoholism, premature graying, and petty theft.

But, so what?

You fall in love, you get married, you have kids, you work your butt off for the rest of your life, your kids fall in love, get married, have grandkids for you, and then you die.

Life happens

Answer 2

I think the economy will be the one to increase your chances of living in poverty, foreclosure and bankruptcy, not so much having children. Like anything else in life, if you want children bad enough you will provide for them the best you can. May not be in a luxury condo with a benz in the driveway but as long as they are fed, clothed, have a home, education and lots of love from their parents, they'll be just fine.

Answer 3

Absloutely! Any time that the resources are stretched to accomodate more people's needs the chance of financial trouble increases, unless you're already rich.

Answer 4

Only if you have too many kids on insufficeint income

Answer 5

I would think it would if you were not finacially secure when you did have children also more in single parent homes, and teen parents