5.31.2012

Are Your Kids Good Investments?

This post was inspired by my mother. We were exchanging emails as we normally do throughout the day, and I jokingly asked her if she wanted to pay for my next seat deposit, which is due tomorrow. I just paid for my first deposit a few weeks ago and I also have to buy a new laptop since my macbook won't be compatible with a lot of the programs I'll need.

I ended the email with, “Say hello to your 3rd child, again.” 

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We were laughing because she thought she was done with me after I moved out for college and after I started working full-time. I've been supporting myself 100% for the past few years so it seems so uncanny and weird that I'm moving back in.

Am I A Great Investment?

I proceeded to tell her that I was actually a really great investment since I’m the oldest of their three children (my brother is 15 and my sister is 12), and I told her that when they retire, I’ll be the one helping out financially because my siblings will be focusing on starting their careers and starting their families. We have a huge age gap so I wonder if they've analyzed this and thought of us three as investments. 

I honestly don't expect her to pay for anything so it was more of a funny email. She was joking around saying that she would save this email because it meant that I was offering to fund their vacations while they are retired. Yeah.....right!

This brings me to my next question…

When Do Parents Decide to Stop Investing in Their Kids?

For myself, I don’t have any kids, but I plan to. I’ve already decided to start a 529 education fund for them as soon as I can. I want to give everything I can, but at the same time, I have to focus on myself and retirement. I don’t want to burden them with my finances and debt when they are older. 

I want them to live a comfortable life, but at the same time, I want them to experience things such as the actual cost of living and how much rent is, how much of their paycheck goes to food and clothes, and just how to manage their finances.

Look at me, talking like I already have kids! Lol.

I have no idea what it will feel like or what I will be thinking...so I'm curious to know what other parents think or what you would do once you have children.

Obviously you have to "invest" as much as possible in your children when they are younger, but just how much and how far would you go to give them what they need? Where do you draw the line between a need and a want for your child?

Do People Actually Have Kids Based on Whether They Will Be Good Investments?


My BF and I talk about this all the time. I know some children are accidents and are not planned for, but for most, a lot of planning is involved. You talk to your partner about raising kids and you both have to agree to have kids (most of the time).


We talk about our future a lot and it's always hard to get a good perspective of the future. You never know where you'll be. You don't know how much money you'll have, but it seems like the "right" thing to do is to start a family. The ultimate goal for us, seems to be that we want to have a family and raise them to be the very best they can be.


We have talked about kids as investments though. Just the mere fact of having children. Would we be better off with 4 kids so they can help us out with chores later? Lol. Would we be better off with 1 child so that we won't have to spend a lot?


When you had kids, did you think to yourself...well how much will they really cost? Is this a good financial investment for me? Or did all that practical thoughts just escape your head because the emotional reward oversteps the financial rewards?

Would you think of your children as investments? Would you try to see who was the better investment? Would you invest in all of your kids equally?



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