Raising a Family on Less Than $600 a Month
6 years ago
My post called Don’t Have Kids if You Can’t Afford them has stirred up a little controversy. I’ve been called everything from “bitter” to “elitist” and accused of class warfare on a couple of forums. Not so. There are millions of families that were perfectly comfortable before now experiencing extended unemployment and a reversal of fortune. Unfortunately there are also plenty of people born into poverty that will continue that cycle. I’ve spoken quite a bit about generational poverty and ending that cycle. My contention with that article was to stop and think about where you are right now in your financial situation before making what is always a very emotional decision to have children.
Below is one story of a lady and her child living on $600 per month in New York City. In her entire life, she has lived free from social services for only one year. Her son seems like a very intelligent young man, however, the cycle continues.
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