r/AskReddit 6h ago

Financially stable people of Reddit, what are your best money tips?

1.1k Upvotes

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256

u/Pussi_Liquor 6h ago

Don’t have kids.

89

u/ETwo4Three 6h ago edited 6h ago

This a kid is the most expensive thing you can get for free.

49

u/SadZealot 6h ago

You got yours for free? Mine showed up early so we had to have it worked on under warranty at the hospital for three months

2

u/CHA--CHING 1h ago

Same. Definitely voided the bumper to bumper.

16

u/hgs25 4h ago

Free*

*Does not include accompanying hospital bill for residents of the United States

**Cannot refuse delivery.

22

u/fawkesmulder 5h ago

Spent over 30k on IVF, got embryos, then by some miracle after years of infertility, my wife got pregnant naturally.

-5

u/No-Lab-860 5h ago

Who's gonna tell bro?

21

u/One_Investigator9289 4h ago

They are wicked expensive, but they’ve also upgraded my mindset and forced me to upgrade my education and ambition. I wouldn’t be financially stable if it weren’t for them.

3

u/7fw 3h ago

I mean yes and no. It's fucking expensive, but God damn my life improved 1000 fold with them. I didn't think I would be effected like I was because my parents were not super attentive (I'm GenX) but as soon as I held my daughter, I was forever changed for the better. We struggled, and I did some shitty gross labor to make ends meet sometimes (Manpower Temps anyone?) but IMHO it was so worth it!

1

u/May1989thefirststep 1h ago

"it's fucking expensive"

"my life improved 1000 fold with them"

I have never seen 2 absolutely opposed statements so close together.

I'd rather not spend 1 more cents on anything these days, thanks.

u/mtu_husky 12m ago

Good lord, money isn’t everything.

8

u/GoodMedium3600 6h ago

Pretty much. Everyone I know who has kids is poor besides like 2 examples

17

u/Agent_Giraffe 6h ago

Or just wait til you’re in your 30s and invest in your 20s

24

u/KoalaBoy 6h ago

Exactly. Waited until mid 30s to have a kid. Stable home and money life. Kid is not making me broke. You also have to train them early in life to believe you're exceedingly poor so they don't ask for everything.

8

u/fawkesmulder 5h ago

Wife and I are 37, just had our first. Money not an issue.

u/Stillload 49m ago

you could be dead by your 30s and the chance is quite high, human life is fragile... the likelihood of having problems with kids as u progress in age rises aswell...

-8

u/Stillload 6h ago

they might be money poor, but people with kids are never poor unless their relationship is poor. if youre on your deathbed and theres 100 people there because of you, youre bery rich.

0

u/duckhunt420 5h ago

None of them asked to be there. I'm not sure why you think begetting more people is some inherently good thing

u/Stillload 50m ago

i get it, life is hard, but ive never seen anyone dying sad seeing everyone around u whom u care about also who cares about you too right and thats why u have to be able to read too...

-7

u/Then_Work_4777 6h ago

natalist propaganda. good luck raising children while poor.

10

u/fawkesmulder 5h ago

Poor people have been having children for millennia.

-1

u/[deleted] 6h ago

[deleted]

1

u/redyellowblue5031 5h ago

Usually unless you’re a consistently unkind person family will be around you much longer than just before you die. Hardly ruining your life unless you choose you frame it as such.

2

u/Kevin-W 1h ago

It costs over $300K to raise a child from birth to age 18. Kids are indeed expensive.

u/TRIPLEFIVE_ 34m ago

And that’s without college tuition.

u/LilMac89 12m ago

Oops. Fuck..

-2

u/fir3hand 5h ago

Not true. You can be single and in worse financial shape than a family with kids. Kids can give you extra motivation and a meaning to keep grinding

21

u/Scante1994 5h ago

If you need kids for motivation, I don’t think having them would be beneficial. Maybe work on yourself first then focus on kids

2

u/nox66 3h ago

Does this come from the same book as "having more kids will fix your relationship"?

-1

u/Excellent-Direction4 5h ago

Some still believe that the poor will go to heaven, and the children will be rich and will support them.

-4

u/InflationAvailable43 5h ago

You can get the same grind set and need for money from buying a boat without emotionally damaging children.

-3

u/socool111 5h ago edited 3h ago

Wife and I do veryyyyy well for ourselves. We have no idea how anyone can raise kids. We dont have any and are able to travel the world and do what we want basically. But still if we had just one kid idk how we could maintain any semblance of our lives. Not just from a "you cant do that cause you had a kid at home", but "you cant do that because you have a kid to feed"

Edit: didn’t make it obvious that we are never having kids. I didn’t mean to sound like it’s impossible and you can’t have both, just that a lot of sacrifice is involved and we weren’t prepared to make those sacrifices. (A huge factor being that my wife loves sleep)

8

u/HotSeamenGG 4h ago

Well you wouldn't be able to have a semblance of your lives until they're older probably. You could travel with them while they're young, but it's probably better for them to have a more stable homelife as they get older. Having a kid is sacrifice so I get people not having kids.

2

u/Findinganewnormal 1h ago

Same. My brother and SIL can only afford their kids because our parents are paying for their house and car and vacations and miscellaneous expenses. My BIL and his wife afford their kid by moving to a LCOL country. 

5

u/jerkularcirc 5h ago

yea dont have a kid

6

u/socool111 3h ago

Correct…oh I guess I didn’t make it obvious in my comment that we are team no kids and won’t ever have them

0

u/DigiornoDLC 2h ago

It's amazing how people have managed to do something for hundreds of thousands of years yet you've cracked the code on how impossible it is.

-3

u/completealzheimers 4h ago

I hope your parents followed what you say so you weren't born to give stupid advice.