Quote:
Originally Posted by 10023
I’m not even talking about lost earnings for the mother (or father). Just about the fact that $10,000 which I spend this year on child care would be worth close to 3x that in 20 years time if it goes into an investment portfolio.
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I get the opportunity cost considerations but the problem is looking at having kids from a business perspective. It's not. Couples with the means to pony up $10k for child care don't care about not putting it in their portfolio. The kid(s) are their investment. They do not see that $30k in 20 years as opportunity lost but rather the best education for their kid.
You have a point about poor people having kids they can't afford. That's where business planning should come into play...
Should I have three kids working part-time at Walmart...?