The Kid Handicap

Over at ‘Jumping to Conclusions’ friend dtcwee has an interesting post taking issue with the ‘children are expensive’ narrative.

Yours truly is tired of the assumption that his wealth is due to being child-free. Although children imply expense, they do not as such prevent saving. And yet, the sheer weight behind the ‘children are expensive’ narrative stifles me.
[…]
The sticker shock of AUD$400,000 per middle-class child has to be spread across 24 years. Adjusting for inflation at 2.7%, that’s about $230 per week; the cost of two smoking habits. For a single working parent, it would be tight but do-able. For a couple with one and a half incomes, a breeze.

http://dtcwee.blogspot.com.au/2014/11/the-kid-handicap.html

As a parent seeking to enjoy a richer life despite a drastically reduced income, it helps to read incisive critiques of prevailing narratives that depict having children as potentially financially ruinous.

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