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Career Resources
Really depends on so many things. How many kids? Do you have a supportive partner?
At the end of the day, you can literally outsource the raising of your kids. Hire a nanny for the early years, then as soon as they come of age ship them off to boarding school. Hire domestic help for the summers/holidays. Of course this assumes you can afford all that but I’m pointing out the extreme scenario.
In reality? Fuck knows, haha. I’m a long way from having kids.
How to raise a resentful kid that will only view you as an atm in 60 seconds.
Well, yeah, no shit. But that's not my point
Kids will tank your career, free time, and net worth.
Average Cost of a Child to 18, AFI:
Rough math. Could be wrong, who cares. Point is, check this out:
I rest my case. A Targa isn't gonna shit itself at 2am and talk back to me about TikToks. One day I may be a dad, but for now, I'll stick w/ my Porsche. Also this comment is a joke in it's entirety
You can have both, just maybe a 996, 997 or 998. Actually I'll take a 50k 996 Turbo and still beat the 2022 Targa 0-60
Hard to counter this argument...
Keep in mind the biggest chunk of this number is from housing costs. So if you plan on being a bachelor with a nice house it won't be that different.
But honestly even if having kids slows your career progression a little (no, they won’t completely wreck your career), you should ask yourself what is the most rewarding for you. Because having kids is something that to some has no monetary value to it (meaning they wouldn’t give up fatherhood for anything in the world) but to others it’s complete misery. So I’d first figure out if you actually want kids and if they’d improve your life any way.
Kids will make you appear more stable and trustworthy in the workplace, generally. At the cost of your sanity and wallet, of course. Will need a non-IB wife or nanny to help raise them if you’re working 80 hours a week
But the higher salary is taken away by significantly higher costs once you factor in raising the kids, nanny, housing, etc. Might as well take a significantly lower paying job with significantly lower expenses. It will still be the same profit at the end of the day and you don’t have to work as hard.
Kids are great. You can outsource as much of the parenting as you want. Kids are basically a 12 year commitment, where they actually want to spend time with you. Once they are teenagers you are basically on your own again. It is 12 years of your life you will never get back, if you outsource the parenting.
I survive with a Nanny($950 a week) Off the books. So it is expensive. School is free(public), so the costs may or may not be offset when we don't need a nanny anymore. I'd rather spend the money on a good school(private or catholic/Jesuit).
Ultimately, kids can slow a career down, so make sure you get the VP or Director level before you have them. But sometimes life gets in the way.
To the women- find a place that has maternity leave. Consider part time work, or some way to be with your kids. Whoever thought that working was empowerment, was tricking you(all of us). At the end of the day using your brain is great. But the reason men work and traditionally worked is because the kids don't need us as much, especially in the beginning of their life. No matter how active I am as a parent(I AM), they always want their mom.
On the inverse, without kids or a family what is the point of a high achieving career? Think you will realize this eventually.
If you are just watching out for yourself, or are in a dink relationship - both are fine - you will come to a point pretty quickly where you have more money than you know what to do with. If your ambitions from there are the next rung on the corporate ladder then man I really feel sorry for you.
Your reply shows an incredible lack of logic and critical thinking skills. How do you function in life?
You immaturely assume that the world exists of two choices between kids or climbing the corporate ladder. If this is how you see the world then the one we should feel sorry for is you.
Nice reading comprehension you have there.
If you have more money than expenses there’s something called saving for a rainy day. Reduces stress tremendously and much better than living paycheck to paycheck.
Sure. And once you have more money than all future expenses that is called financial independence, which is much more readily achievable (especially if high income earner) without kids. If that is achieved and you are still focused on the corporate ladder then I challenge your ambition, or lack thereof.
If you’re thinking about the decision to have kids through the lens of your career, perhaps it’s best to hold off.
Was about to post the same thing.
ah yes kids as an "investment." People debating kids like trying to grill a stock pitch. This what happens when finance goes too far into someone's head.
Just because it’s societally taboo doesn’t mean people shouldn’t think long and hard about the financial impact marriage/wife, and/or kids will have which is why I mentioned net worth. Your average person is horrible at personal finances. Yes there are intangible benefits to having kids but the utility varies from person to person and hence I don’t think that everyone should get married or have kids like society dictates.
what a fucked up a question
Family > Career
I plan to have 6-8 kids with a tradwife.
Being a parent is the hardest job in the world by far. Responses on here are filled of overworked 22-25 year olds.
I can point out numerous examples of peoples with great careers and kids. Likewise many people who chose not to and have great careers as well.
Its 2022, family/career is not mutually exclusive decision.
I think it’s a little suspect when someone over 35/40ish doesn’t have kids. Incapable of holding down a relationship long term?
Just get a stay at home wife
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