Earlier quoted context omitted.
If you have a child, but don't have a house, you'll probably stay with your parents. They probably would rather you have your own house so they can have privacy and such. A lot of the "multiple generations of families under one roof" type thinking are only practical if you have a large property, which was more common and much cheaper before the industrial revolution, tract housing, high rise apartments, and $2000/mo.…
I had my first child at 24 on a shoestring budget in a 700 sq. ft. apartment and it has been completely manageable. Children are way less expensive than you might think (definitely cheaper than an adult) and if you’re creative you can find good quality, full-time daycare or childcare for $10-15k/yr. Does this add extra work? Oh yes, absolutely it does. But while having children means you sacrifice certain things, the…
For people still making only the mid 5-figures, that's a significant chunk of money.