Why You Should Put Off Having Kids Till You’re Financially Ready

If you’re trying to figure out when will be the right time for you to have kids, make sure that you’re factoring in your current financial situation. Sure, you don’t have to be a millionaire to have a child, but there are some financial responsibilities that come along with children that you might not be able to fully anticipate. Here are a few reasons why you should put off having kids until you’re financially ready.

Less Stressful

If you have children once you’re financially stable, your situation will be a lot less stressful. This will help you to better cope with the emotional and physical changes that come along with having a child. Being financially stable can also help you to have a less stressful relationship with your partner. This is very important when you’re raising a child for the first time since you’ll have to work closely with your partner in lots of stressful situations. Having to deal with a financial strain on top of all of your other new responsibilities could be too much for you to handle.

Better Outcomes for Your Kids

Another reason why you should wait to have children until you’re financially ready is that it will provide better outcomes for your children. Poverty can make it harder for youth to reach their potential in life. Having poverty and financial difficulties in the home can affect your child’s mental, physical, and emotional health. They might not have access to the healthcare that they need, particularly at a young age. There are many vaccines and treatments that your child needs. They can be difficult to provide if you’re experiencing financial difficulties. This could drastically alter the health and development of your child as they grow up.

Balance Your Time

Finally, being in a more stable financial situation will allow you to balance your time more adequately to meet the needs of a new baby and growing child. If you have financial strain placed upon you, you might be tempted to work many jobs and spend irregular hours working. If this happens, you might not have the time that you need to spend with your child and take care of them physically and emotionally. You’ll start to feel burnt out as your own life is out of balance.


So, if you’re planning on having children in the future and are trying to figure out the appropriate time, remember how much your financial situation can impact your child’s future. Having financial stability can make your situation less stressful, provide better outcomes for your kids, and allow your time to be better balanced. This will help you, your partner, and your future child to be healthier and happier.

Check out this article on how to handle news of your first pregnancy!