[Sara]

Originally Posted by KingOfJericho

We're on a BMW board. It's hard to say you can't afford a kid while spending $1,800 on an exhaust for your M3...

[Crimson92]

Originally Posted by KingOfJericho

We're on a BMW board. It's hard to say you can't afford a kid while spending $1,800 on an exhaust for your M3...

This is true, and it's really all about priorities. Mine are elsewhere right now.

[carve]

https://www.youtube.com/watch?=wsRk0TXYXuA

[u2b]https://www.youtube.com/watch?feature=player_embedded&v=wsRk0TXYXuA[/u2b]

[JasonCSU]

Originally Posted by KingOfJericho

We're on a BMW board. It's hard to say you can't afford a kid while spending $1,800 on an exhaust for your M3...

You're right, I'm sure most people on this board are financially sound. My comment is really intended for the general public in regards to the "If you know it's something you ultimately want then just go for it" statement. This advice may not be the best course of action for some people out there.

[kevinbahnz]

This is my 15 yr old son and his cousin when he visited his mother in Ma 2 summers ago.

and this is my 5 year old with her mom. We don't take many family pics together because my son is 17 now and doesn't like to do things with us anymore. We're expecting another baby in 7 months and we're gonna try for another one right after so they won't be too far apart.

[kevinbahnz]

Originally Posted by Mr Tonka

Litter...

I worry about the age thing should we change our minds. But we agreed to adopt an 8 - 15 year old kid should we all of a sudden be overcome with the desire for a child.

Basically the older we become, the older of a child we'd adopt. At some point we may adopt a 30 year old or something. You you, to take care of us when we're old and all.

i'm 38, is that too old? I want to live on the lake and drive a RR.

[Litos]

Originally Posted by kevinbahnz

and this is my 5 year old with her mom.

milf status.

I went through the last 40-50 posts just looking for pics HAHA !!!

didn't even read anyone's comments....ain't care.....

and Jericho - sweet lord man, that kid is awesome !!!

[kevinbahnz]

Originally Posted by Litos

milf status.

I went through the last 40-50 posts just looking for pics HAHA !!!

didn't even read anyone's comments....ain't care.....

and Jericho - sweet lord man, that kid is awesome !!!

haha, thanks. You know I've been meaning to say the same for your wifey but I didnt think it was appropriate, at the time. So yeah your wife. dat ass.

[MiddleAgedAl]

Originally Posted by KingOfJericho

We're on a BMW board. It's hard to say you can't afford a kid while spending $1,800 on an exhaust for your M3...

Actually, it's not hard to say that at all, if you've done the research. Maintaining an M3, including extravagant mods, is downright cheap compared to raising a child.

According to USDA, the cost to raise a child born in 2011 to the age of 18 (not counting college) can range from $212K to over $490 grand. (depends on income, households with more income tend to spend more on their kids; the 490 is for households with 2 parents earning grand total income before tax of > 102k, hardly 1%ers)

http://www.cnpp.usda.gov/Publications/CRC/crc2011.pdf

(There are many other studies out there, all with similar range of results.)

Anyway, that's half a million bucks per head. You wanna put your kids thru 4 years of college on top of that? The numbers obviously get much bigger.

I can afford an M3, but it wont cost me a million bucks over the next 18 years like a couple of kids would.

[upstatedoc]

Lol at people number crunching.

[MiddleAgedAl]

Originally Posted by upstatedoc

Lol at people number crunching.

Hey man, if you can afford to indiscriminately dive into that pool without checking out the costs first, good for you. You're doing much better financially than me.

I have a car that is more costly than average, not because my income is way above average, but because I'm careful with spending.

Most people check to see if they can afford a house before buying, and raising 2 kids to 18 is more than a lot of people spend on a house, so why wouldnt they check that also before diving in?

[ddk632]

Originally Posted by MiddleAgedAl

Actually, it's not hard to say that at all, if you've done the research. Maintaining an M3, including extravagant mods, is downright cheap compared to raising a child.

According to USDA, the cost to raise a child born in 2011 to the age of 18 (not counting college) can range from $212K to over $490 grand. (depends on income, households with more income tend to spend more on their kids; the 490 is for households with 2 parents earning grand total income before tax of > 102k, hardly 1%ers)

http://www.cnpp.usda.gov/Publications/CRC/crc2011.pdf

(There are many other studies out there, all with similar range of results.)

Anyway, that's half a million bucks per head. You wanna put your kids thru 4 years of college on top of that? The numbers obviously get much bigger.

I can afford an M3, but it wont cost me a million bucks over the next 18 years like a couple of kids would.

Did you account for the free child labor factor which will save you money on various things like water (no need for a dishwasher), cleaning / maid expenses, lawn care, pool care, hair cuts (once the munchkins are old enough to use scissors without cutting off an ear, of course), cooking expenses (no more need for a personal chef, the kids can whip up Mac n Cheese like a pro), and eventually chauffeur services?

You have to consider all these variables to conduct a veritable analysis.

That doesn't even begin to take into account the amount of money you'll save on housing once you make your kids move out at 18, then immediately retire and live on their dime on the living room floor....

Disclaimer: This Internet forum posting, from hereon in "post", does not represent the views of the poster. It could have been accidentally cut and pasted from the interwebs, or aliens might have hacked the poster's account and put it here. The author bears no responsibility for the words written in this post. This disclaimer is neither an admission nor a denial of authenticity. Please drink responsibly.

[Litos]

Originally Posted by upstatedoc

Lol at people number crunching.

[Litos]

Originally Posted by kevinbahnz

haha, thanks. You know I've been meaning to say the same for your wifey but I didnt think it was appropriate, at the time. So yeah your wife. dat ass.

thanks dude......

#hotwivesclub

[gatorfast]

Originally Posted by JasonCSU

Wouldn't it be smart for people wanting kids to be "financially ready" though?

Same response as I posted earlier...you will never be "ready". There is no magical number that needs to appear in your bank account.

[NemesisX]

Originally Posted by KingOfJericho

We're on a BMW board. It's hard to say you can't afford a kid while spending $1,800 on an exhaust for your M3...

I'm pretty sure you'll find every permutation of AGI/net worth and BMW ownership on this board. I'm not going to venture a guess as to the distribution, mostly because it's considered taboo and I don't really care. But, the correlation between M3 ownership/spending $2000 on an M3 exhaust and income/net worth is tenuous at best. Kids are sufficiently expensive to the point where I'd say no, it's not really all that hard to say one can't afford a kid while spending that much on a car.

[dreamingat30fps]

What if your kid turns out like one of my family members kid who has this face I just want to punch every time I see the little fucker? I mean seriously though, everyone thinks their kids will be amazing, but I'm sure there's plenty of people out there that got dealt a shitty hand. Another thing to consider.

[DSB335d]

Originally Posted by dreamingat30fps

What if your kid turns out like one of my family members kid who has this face I just want to punch every time I see the little fucker? I mean seriously though, everyone thinks their kids will be amazing, but I'm sure there's plenty of people out there that got dealt a shitty hand. Another thing to consider.

Lol! Makes me think of co-workers bragging about how good their kid is at xyz sport... I just smile and nod and throw in the occasional "wow that's awesome"!

In the back of my head I'm saying to myself... "Are they, are they that good?"

[TrevorM3]

Originally Posted by Bear From Jax

I agree Carve, I'm unsure about kids also. For me, I think it's safer (for me) NOT to have kids. If you're unsure if you can commit 100% to them, it's not fair to the kid(s).

This 150%.


No kids for me.

[KingOfJericho]

Originally Posted by MiddleAgedAl

Actually, it's not hard to say that at all, if you've done the research. Maintaining an M3, including extravagant mods, is downright cheap compared to raising a child.

According to USDA, the cost to raise a child born in 2011 to the age of 18 (not counting college) can range from $212K to over $490 grand. (depends on income, households with more income tend to spend more on their kids; the 490 is for households with 2 parents earning grand total income before tax of > 102k, hardly 1%ers)

http://www.cnpp.usda.gov/Publications/CRC/crc2011.pdf

(There are many other studies out there, all with similar range of results.)

Anyway, that's half a million bucks per head. You wanna put your kids thru 4 years of college on top of that? The numbers obviously get much bigger.

I can afford an M3, but it wont cost me a million bucks over the next 18 years like a couple of kids would.

Those are projections and in 18 years, an M3 will be $150k, easy, and show me one person on this board who has kept their M3 for 18 years and I'll eat my hat. Most here will easily spend $212-490k on cars over the next two decades.

Originally Posted by NemesisX

I'm pretty sure you'll find every permutation of AGI/net worth and BMW ownership on this board. I'm not going to venture a guess as to the distribution, mostly because it's considered taboo and I don't really care. But, the correlation between M3 ownership/spending $2000 on an M3 exhaust and income/net worth is tenuous at best. Kids are sufficiently expensive to the point where I'd say no, it's not really all that hard to say one can't afford a kid while spending that much on a car.

There are many who paid nothing for their cars on here but that's not who I'm talking about. If you're going on three vacations a year, skiing every weekend, buying mods for your cars, and eating out 3+ nights a week, it's hard for me to listen to you tell me that you can't afford a child.

[ddk632]

Originally Posted by gatorfast

Same response as I posted earlier...you will never be "ready". There is no magical number that needs to appear in your bank account.

I think some common sense should apply here, though. If one is living paycheck to paycheck with zero left over each month, having a kid at that time financially speaking is probably not the greatest idea.

[Litos]

Originally Posted by DSB335d

Lol! Makes me think of co-workers bragging about how good their kid is at xyz sport... I just smile and nod and throw in the occasional "wow that's awesome"!

In the back of my head I'm saying to myself... "Are they, are they that good?"

I had a coworker like that, bless her heart...

she would tell me how her son was good at baseball and that scouts/colleges would come to his high school games to watch him play.

I would just nod and say, "that's really good, hope it all works out for him"

then he got a full ride to Rice, which is a big baseball powerhouse nationally.

in 2010 he was the winner of the Dick Howser Trophy and was Baseball America's College Player of the Year.

he was also named the Rawlings Sporting Goods National Player of the Year, Conference USA Male Athlete of the Year, District VII Player of the Year, First Team All-American, All-south Region, Most Outstanding Player of the NCAA Austin Regional, All-Conference USA, All-Conference USA Tournament, and Conference USA Academic Honor Roll.

he was drafted 6th overall in 2011 and now plays short stop and second base for the Nationals - he's only 23.....

you may have heard of him, his name is Anthony....