Tag Archives: Economics

Baby Economics

The Sweetest Thing

I always knew that I will be having 2 children.  But child number 2 took a long time in coming. Nine years in fact.

I do not know why we waited but economics figured prominently in our decision to postpone having a second child.  How much does a child cost? More than ten million pesos or some USD$266,698That figure is daunting.  Add to this the fact that our financial planner is saying that we have to have an obscene amount for the college funds of child number 1.  Consider too that Filipino children stay in the coop for much much longer (say, forever).  Thus, for a long while, child number 2 seemed a distant possibility.

But then, every time I looked at babies, I looked at them wistfully and felt the pang of wistful.

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