Can I have another baby?

[PoorMe123]

I'm a SAHM. DH & I make ends meet and have 2 DC. We've had a particularly expensive couple of years which has left us with some small debts which we are managing and will have cleared soon. We don't have any savings and are 30. Once our DC are in school I will work again and we'll have more spare cash to get savings together. We don't own our house.

If we're going to have another DC, now is the time. If we wait & I get back into work, then it's just more time off down the line & paying for childcare etc. If we have one now, we will have them all in school by the time I'm 35 so still plenty of time for me to have a good career.

Just to make sure I'm giving you all the information, DH will get 50k around the time he turns 40 (don't want to elaborate and out myself) so we will have some money coming our way in the next 10 years. Also we'd be buying in either Scotland or the North of England where home ownership isn't so expensive.

Would we be foolish to have another child in these circumstances? DH & I would both love another child and a sibling for our existing DC.

Definitely go for it 😁

Really? I always see people on her being told no if they don't have loads in savings! I'd really love to go for it.

Any more opinions??

Do it. You're young and have future warning / income potential. Just do it.

Earning not warning!

I'd be terrified having a child and not having any savings - if you don't have any savings you don't have any spare income, so how would you afford another one? Or do you have plans to cut back?

FruitCider DH has had a recent pay rise plus we've had an exceptionally expensive spell which is now over & unlikely to repeat itself. I'd like to think we could have another whilst also saving a little each month (obviously once our small amounts of debt are cleared).

If you think you can make it work and you both want another then go for it! Personally I wouldn’t but then I’m terrible at cutting back, like to have a lot in savings and hate renting. But I’m not you and if you can manage based your priorities then why wouldn’t you

OP I guess it depends on how much you pay in debt repayments and how long those will last for?

The other thing I would consider is how you would manage if your DH lost his job and you could only claim benefits for 2 children? How long would you survive for? X

It's such a hard call! I want to be able to give our children a good future. We just have this yearning for one more. It really is a now or never sort of thing and I'd hate to live with regret if we stuck at 2 and could have managed a 3rd.