Finances don't matter to me - I'll have what I'm given, which are 8 healthy biological children and I'm assuming we'll also foster eventually.
Reading PPs, though, I'm very conscious I live in a country area. We have a mortgage on our 6 bedroom house, which we only use 4 bedrooms in cos I think its important for kids to learn to share). We only have 1 tellie, Xbox and wii, and our kids go to the local Catholic school, apart from A who began Boarding School for yr 11 this year. Her fees, incidentally, are equivalent to a quarter of my income, and I'm the main breadwinner.
A, B and C were fortunate to have the opportunity to go overseas for a Secondary school excursion last year so we sent them - we would rather equip our kids with experiences and skills to make their own way in the world, as DH and I did, than organise their finances for them. A is struggling to keep to budget this year but that's a lesson best learnt now rather than as an adult with serious debt.
Our kids play way too much sport (Little As, tennis, Aussie rules, cricket, dance, swim club, basketball). Not all play all but all have at different times. We think its again investing in skills. B, C, D and E are all receiving music tuition for the same reason and the young ones will have the same opportunity. A does public speaking lessons.
We have regular holidays with our big tent. Each of the elder 4 kids has their own laptop and there are a couple of spares and the home desktop so there's no excuse for incomplete homework. We expect high academic results.
I see the whole thing as us raising the society of the future (just like I see my students) for that's what kids are. I want all my kids, biological or not, to feel able to have a go, take ethical risks, and pick themselves up to try again if they don't succeed the first time.
So my money is only there for family purposes.
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11-03-2012 23:34 #51
12-03-2012 00:16 #52
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12-03-2012 00:47 #53
12-03-2012 01:23 #54Feel my wrath!
- Join Date
- May 2008
- Where the wild things are
We have 2, we are yet to decide if we want more. Dh is currently working fifo, if we have more, I dont know if i'd cope with him being away. If he were to work in the city, I dont think we could afford the costs associated with more kids.
We are working our way toward financial freedom, and a house in a better area, so maybe in 5 years time we will be in a better
So yes, it is a factor, but mostly because of what we want to provide. We have struggled and i'm not keen to do it again.
**Mum, Dad, Big boy (Dec 08) and Baby girl (Feb 11)**
12-03-2012 01:35 #55
It was/is a major factor for us, we want to be able to provide dd with as much as possible and with our financial situation we could not do that with two
12-03-2012 09:53 #56
Not a factor at all for us. We dont earn big dollars but we are both hardworking and would work 3 jobs each if thats what it took to keep our kids happy, regardless of how many we have. We also believe that we would rather our kids know about budgeting and know they cant always have all the luxuries, and have hard working role models, rather than be spoilt brats who are handed everything in life to keep up with the jones. There is more to life than money
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12-03-2012 10:44 #57
Kindy is the most expensive year for us. DS2 is doing this year.
Our school isn't the most expensive in the area but IMO it is the best.
It has small class sizes in high school esp senior. It has a great special needs program. The community support is unreal. The principal is wonderful, by the end of 1st term she knows every kids name (Pre prep to yr12). Her door is always open to us. She is at the front of the school at least 2 afternoons a week to talk to the parents and kids about anything.
I must admit, we do pay 20% of our Annual wage in school fees. To us it is really important.
12-03-2012 10:46 #58
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12-03-2012 11:19 #59Senior Member
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- Oct 2011
12-03-2012 11:31 #60
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