My first unsolicited Father's Day gift.
Priceless. I am out of point? Quite ex. We bought insurance for him, had an endowment plan for his university, cord bank on top of the most hefty expense of education.
I think it will add up to a thousand a month? At least?
He has no tuition by the way, only swimming lessons.
If u want a child but worried about your finances, u should, if u are in bad debt.
But if u are thinking about saving 60k or X amount before having a kid. I say forget it. The older you are, the lower the chances.
My friend wanted "stability" before marriage. He told me the 60k to
Pay for this and that. That was 6-7 years ago? 2 years ago I was his "brother" for his wedding.
Recently, he told me he married too late and is very worried about not able to have a child.
Not everything can count by dollars and cents.
If my 1 month $1000 get compounded by 9% PA, when will I be financially free?
I don't know. I have no regrets, only happiness.
I worried about money too. Regular readers know I don't have much savings after every month. I have a car and a maid, your typical pampered Singaporean who is a bad example in the financial bloggersphere.
Turn back clock, I will try for a second child earlier. No regrets with having my son.