Who here is wealthy?

[slow99]

Who views children as investments?

[Baron Von Crowder]

Still a better investment than a child.

says the guy without children.

You are making broad statements with a lot of assumptions you have no idea about. Children arent an investment, and there is no price tag associated that you can compare it to. It's pretty damn awesome to have and raise children, and the money that it takes is inconsequential.

[racrguy]

says the guy who owns a race car...

Still a better investment than a child.

[bird_dog0347]

says the guy who owns a race car...

truf!

[Baron Von Crowder]

Sad that my parents looked at the reality of the situation and left the emotion out of it? No.

Looking at having a child through the lens of a financial decision would leave one with the realization that children are a very poor investment. Emotionally, sure, you may find a lot of value in that but the fact remains that you're spending money on a child that you're never going to get back, thus making it a poor financial decision.

says the guy who owns a race car...

[racrguy]

Ummm... I disagree. But I wonder if you think your parents feel the same way about you? That would be pretty sad... no?

Sad that my parents looked at the reality of the situation and left the emotion out of it? No.

Looking at having a child through the lens of a financial decision would leave one with the realization that children are a very poor investment. Emotionally, sure, you may find a lot of value in that but the fact remains that you're spending money on a child that you're never going to get back, thus making it a poor financial decision.

[bird_dog0347]

Kids: The worst investment since the history of ever.

Ummm... I disagree. But I wonder if you think your parents feel the same way about you? That would be pretty sad... no?

Holy balls on day care expenses. Unless the wife is making a good wage that shit is pointless.

She covers the cost of one... but not both. However, she likes her job and would go nuts staying with the kids all day every day so it's worth it to me. I make more than enough to cover up the losses so if she's happy and the kids are learning, making friends, and having fun then to me it's worth it.

BUT, I do have a special bottle of wine saved away for the day I write my last day care check.

[YALE]

I think if you worked 10 yrs at a non profit or govt employer and made 120 months of on time payments to govt student loans, at the 10 yr mark all is forgiven and wiped away.

Not worth it.

[David]

I think if you worked 10 yrs at a non profit or govt employer and made 120 months of on time payments to govt student loans, at the 10 yr mark all is forgiven and wiped away.

[ceyko]

Yeah, kids are a bigger money pit than any car/boat/hobby I have or had in the past.

Day care, yeah - we figured out real quick that my wife was going to stay at home. This year she even took on mowing the lawn - so that frees up more fishing time.

Wealth? haha, but I usually have a good time on the weekends.

[Roscoe]

The problem with this right now is that every asset class is over valued. Stocks, bonds, real estate, investment grade guns or cars, etc. There is nothing that I would buy right now unless I knew I could flip it immediately for a good profit. There is a credit related disaster brewing and no one knows when the explosion will happen.

That's no lie, which is why gold and silver are a good part of the portfolio.

[YALE]

I need more info on this.

I'm kidding.

[95DRGT]

2 girls in college and 1 teenage boy at home that can put away some groceries -FML

[Sean88gt]

I need more info on this.

No shit. Part of me hoped I would fail to save the money. I didn't, so now I'm banking on a bailout.

[sc281]

I need more info on this.

Lol, I bet.