Friday, January 27, 2023

Money: Providing for Kids


It is ideal to provide well for your kids, obviously. Usually the more kids you have, the more money gets tight. It can have the opposite effect though. The more kids you have, the more driven you are to make tons of money. You are very motivated when you have lots of kids to take care of. 

If you have one kid, they often get spoiled. That can be nice to be able to spoil that one kid, but is that good for them? Sometimes they grow up not knowing how to share as much. 

I have been with a few guys who were an only child. I would say they turned out a lot more mature, probably because they talked to their parents more than kids their age. People who have siblings often get more messed up. Their siblings pick on them or get them into trouble. I know my older brother motivated me to get into a lot of trouble. He says that I corrupted him, but I think he corrupted me.

If you have more kids, that is more food and clothes to buy. At some point you learn to get cheaper, like getting clothes at good will. Maybe you learn how to cook cheaper. Lots of beans and peanut butter. If you have just one kid, you all can eat almost anything you want. 

You get more in your tax refund the more kids you have, so that is nice. Then you might want to take a big family vacation, but the more kids you have, the harder that can be. 

Usually, people who don't care about money have more kids. People who want to keep most of their money in savings, prefer to just have one kid. Who is being more wise? Most would say, the person who can keep their savings. 

If you want to live in a more upscale community, having less kids makes more sense. If you don't care where you live, having lots of kids can work. 

Those are all things to think about in regards to money and children. 


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