Friday, June 14, 2013

Foreign Talent is Cheaper then Local Children (TRS article)

Every now and again, the nanny state turns it attention to the breeding habits of its locals and the birth rate conversation comes up to much debate. Among Singaporeans, it's difficult to discuss policies related to child bearing without considering whether or not children are a financial investment. The line, "Because I will need someone to take care of me in my old age" is so ingrained in the Singaporean psyche its unavoidable.

Photograph from China Daily

I started a blog about why I don't think children are a good financial investment - if you're so concerned about being taken care in your old age, you best forgo kids and invest all that money you'd otherwise spend on them in something with more certain returns.