7. Consider the Childcare cost
Caring for a child is not an easy task , from the time you became pregnant you have to visit the hospital to see your obstetrician till the day of delivery all cost money. Children are gifts from god and we have been commission to take care of them and if we don’t plan well, when we retire we may have nothing to fall back on.
When the child is born, looking after their needs also involves money, they need items like clothing, diapers, food, good health care and a good nursery. The top most problems is the cost of raising a child. Now a days women are mostly the bread winner or joint bread winner at home, while a large part of them are single mothers. This has greatly affected the cost of child caring and it is going to be a source of worry in the future. The bottom line is that it is very expensive to raise children.