I'm a 16 y/o male. I could not imagine having a child at this age.
Yes, for our age 3k is alotta money. But think of all the expenses:
-hospital bills
-doctor bills --when I was little I had a check up with the doc very often.
-rx's
-non rx medicines, i.E. Chewable vitamins, children's caugh syrup, ect.
-diapers
-band aids
-children's tooth paste
-children's shampoo
-clothing -they'll grow out of them quickly1!!
-shoes " " " " " "
-day care
-baby monitor
-crib
-bed
-food
-the list goes on and on...And that is only the stuff that you need!!
-my mother had me at age 33. Would you be ready to put him/her through college at that time? Granted s/he does not have to go to college, but it would be a good idea to save up just in case.
Now's the list that you don't need, but the child may want:
-toys
-bike
-school field trips
-birthday parties
-movies
-video games
-arcades
-posters for his/her room
-piano lessons
-minor league baseball
-soccer
-football
-cheerleading
-vollyball
-magazine subscriptions
-cds...Of course those could be history by the time s/he's in their teens.
-nice clothing...At least at my school males seem to by just as self conscious as females.
-again, the list goes on and on
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would you really want to spend your jr or sr prom and graduation with the terrible twos? Are you parents cool with this? Is your house childproof? Ie, will s/he he able to access house cleaning products, makup, insect killer, alcohole, medications..Ect ect?
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now about automobiles. Being 16 I know an aweful alot about them. I know you're thinking a cheaper one would be okay. But the cheaper the car you get the lesser resale value it will have. Cheaper cars more than likely have bad gas mileage. Plus many cheaper cars have things wrong with them. Would you want to be with your baby and have your car break down at night in a rough neighborhood?
Things you'll have to pay for with a car:
-the actual used car. I just looked in the paper, and used cars here range from 3k-18k.
-insurance...Most places it's illegal not to have...It costs an arm and a leg for new drivers.
-gasoline ---right now it's $2.20 a gallon here...Only gonna get higher.
-fluids --oil, wind shield whiper, stearing wheel, anti freeze...Of course you have to make sure the baby doesn't get anywhere near those.
-maintenance --prices can be a nightmare!!
-accident fees, if you're the one at fault
-drivers ed
-driver's license
-registration
-inspection --in most states.
-speeding tickets
-parking tickets
-toll boths, turnpikes
-yet again, the list goes on.
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the choice is up to you, your bf, and parents, or gaurdians from both sides, if he's still 17.
However, if you want my advice I say finish hs, finish college, and wait until you can get a well paying job...Better yet until you marry so you for sure have two imcomes supporting the child.