Contemplating starting a family here with my husband. Currently we are double income, but both of us feel pretty strongly about a parent at home. So really...how expensive are kids?
I have this debate with co-workers who are parents, and from the sound of things, they can be horrendously expensive. Though I remember growing up in a single income family and not wanting for anything. Mind you, my parents did not pay for things like my university education or a car, but I had food, clothing, and shelter, and I had piano lessons and ballet lessons.
We figure we're in a good spot right now. RRSPs are maxed out, we are mortgage free, and the only debt we have is investment loans that are not due for another 20 years.