When To Start A Family
Is it right to be out of debt before starting a family, or do you even need to worry about that?
QUESTION: Listener thinks she needs to be out of debt before starting a family. Her husband wants to have a child before he’s 30, other wise he thinks he’ll be too old. Who is right?
ANSWER: When it’s time to have a kid, it’s time to have a kid. You don’t need to be debt free, but you do need to be on the same page and heading that way. Is he on the same page as you as far as intensity to get out of debt? If you’re both on the same page and are fired up about getting out of debt and willing to apply yourselves to get out of debt, then I wouldn’t wait to have children.