We have money coming in on Aug. 2008.
We want to have a baby this Summer.
We need some money and wondered if anyone had every gotten a loan under such circumstances.
Any advice would be welcome.
2007-06-02 09:05:40 · 3 answers · asked by mckenziecalhoun 7 in Business & Finance ➔ Personal Finance
you dont need a loan to have a baby - they dont cost that much!!
2007-06-02 09:08:34 · answer #1 · answered by brien123 4 · 0⤊ 0⤋
Seeing as it's already June, I don't think you'll be having a baby this summer, regardless of your financial status.
If you think you don't earn enough now to cover the basic expenses of a child, I'm not sure why you'd think that you will be able to do so for the next eighteen or so years just because you're getting some money next year (although I suppose it does depend on how much you're getting--if you're inheriting millions, you'll probably be all right, lol!). However, the idea that you need a loan just to cover the expenses of having a baby is alarming, and I think it's going to be difficult to get a loan unless you can offer some kind of colleteral--after all, the can't repo the child, can they?
2007-06-02 16:18:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It's not having the baby that's expensive. It's raising the baby that really costs. If you can't afford the lifetime commitment, you probably shouldn't have a child.
2007-06-02 16:16:26 · answer #3 · answered by Vette999 3 · 0⤊ 0⤋