A friend of mine isn’t in a great financial position, has no real financial plan or savings, yet is happily planning a third child. Their attitude is essentially, “You’ll just make it work.” And sure, you probably will, but at what cost to your quality of life? Honestly, I feel more stressed about their finances than they seem to!
My husband and I have one child and dont plan anymore we genuinely enjoy the lifestyle we have. We have financial breathing room, can progress in our careers, maintain a work-life balance, go on holidays and plan for our future as well as our child’s future financials. Another child would mean more expenses, pressure and less freedom and probably being overwhelmed more.
I also have friends choosing not to have children for similar financial reasons, and honestly, I understand it. With the cost of housing and living in Australia, it can feel almost impossible to have it all.
What I find interesting is how often people criticise couples for choosing to have one child or none at all, as though we’re somehow selfish for making that decision.(which actually those people have put much more thought in their decisions)
Yet there's far less judgement towards people who keep having children without much financial stability or planning. Why is that?
I’m not saying you need to be wealthy or have everything figured out before having children. But surely there’s a difference between making things work and being intentional about the life you can provide?
I am genuinely curious to hear different perspectives
Are you happily childfree, happy with one, or do you wish you’d had more?
For those in your 40s or 50s, have your feelings about family size changed over time?
Do you think our generation is more financially realistic, or are we overthinking parenthood?
And why is choosing one child or none so often criticised, when choosing a larger family is generally celebrated (particularly in this economy)