Indeed, but everyone has different views on that. I definitely think money has some important and the risk if you are reasonably well off, as I am, is that children don't realise until it is too late that things are very expensive (if your parents have been paying for those things).
My advice has always been pick work you enjoy, that is reasonably well paid and where ultimately if you want to you could work for yourself.
I do know my twins know what kind of life it can be when you work very long days and 3 weekends in 4 etc and probably even if they had the choice of those jobs do not want that lifestyle as they want enough time to sleep, cook, go to the gym etc. They also knew that training with my firm is of course nothing like as good on a CV as training at a big firm, but it's worked out fine and their future careers are now up to them. One has worked in 3 law firms - trained at mine, seconded for about 8 months to another in the City and also did 3 months as a paralegal at another and he might consider trying for law firm roles at end of year (he is doing a maternity cover in house). They have in house solicitor and law firm solicitor sisters and then me with my own law firm of only me so they have lots of examples of the different ways to be a solicitor.
Need, good luck to the economist - a City career as fall back would be very interesting. In parts of my area of law sometimes economists are used as expert witnesses etc.
Carrie, the one who got the job offer yesterday is middle son - older than his on the same day twin by 7 hours and born at home. No one had ever told me I would have to go through 2 separate labours in one day and one would be born in a different London borough in hospital - asserting their differences from day 1.