 Plenty of people poorer than you not only have kids, but have them and live quite happily and comfortably. In many ways, having kids is about as expensive as you make it. There are expenses that come up, obviously, as a parent that you have no control over. But on a day-to-day basis, you have a whole lot of leeway in how expensive this is going to be. Just like you have a leeway in how expensive your own life is going to be.