>it costs $1200000 to raise baby
What exactly are you planning to do with all that money anyway? Consume things?
What exactly are you planning to do with all that money anyway? Consume things?
Wrt. the original post i'd agree with GP - better information/education is probably the most powerful birth control.
As a lone elderly person you're likely to be scammed and lose a lot of that capital near the end, without close people that like and support you. Elders are incredibly vulnerable to financial scams, specially those enabled by technologic means they are not familiar with.
That is just utter BS. Yes, it is usally the elderly who got scammed, but saying that because you are elderly you are likely to be scammed is reverse causation. Especially if you manage to accumulate 1.2m$ in your life, you are financially literate and far less likely to fall into a money scam.
Get all McKinsey and calculate a TCO of a baby from conception to end-of-uni. $1.2M is low-end even for eastern EU, it's more like twice that.
0-to-23. $100K/year. This what a baby costs.
Or the potential for end of life care.
And apparently grandkids are neat, but it's hard to have those without having kids. Not sure how to value that one.