You are the boss of a company of one. Your company sells labor to the labor market, it makes investments in assets, it borrows funds, etc. It’s your job to decide how that company is run. It’s your job to decide what investments that company needs to make to get good returns. It’s also your job to interpret the contracts your company enters into and decide what is acceptable, and to appropriately risk-manage legal ha…
Do you have kids? This makes no sense from my perspective. I could literally put myself through anything that I needed to, if it meant the safety or well-being of my children. It's not a company, it's a primal force from thousands of years of primordial reinforcement. I'd manage with less capital, so that my kids have a chance at college. I'd manage with less chance of promotion, so that my kids can have my presence…
I made a number of choices differently once I had kids. I folded up a startup and took steady employment at a company with good work/life balance. I bought a house in a good school district rather than renting and taking the risk that rising rents would force them away from their grandparents. I make a choice to drop the work at 4:30 so I can go walk to pick the older one up from pre-school rather than get an extra 20 minutes of work in.
But all of these are still choices - they're weighing the things important to me and deciding that I'm going to allocate my labor and capital in different ways. Once you start getting into the economics of pricelessness, when you must do this for your kids or you're a bad parent, bad things often happen. You lose the ability to make rational trade-offs, and your kids often sense that and never learn the ability to make rational trade-offs.