> Want to have a child?
If you can't afford to have a child, then you can (and probably should) choose to not have a child.
If I need something for my occupation, then my employer will pay for it.
The other things you mention seem to be issues primarily in the US, as getting sick or having an accident won't leave you out of pocket in any other western countries that I am aware of.
> The other things you mention seem to be issues primarily in the US, as getting sick or having an accident won't leave you out of pocket in any other western countries that I am aware of.
Well that’s kind of important considering this article is about the U.S. and uses U.S. median income figures and U.S. inflation.
If you want to drive 2 new cars, put your kids into a private school and have a 5,000 square foot home, yeah, you'll need a fairly large chunk of change. But none of those things are necessary to be a good parent.