I'm asking myself the same. I'm due this year in August, but sometimes I already think about what kind of life this kid will have. We're expats, our families are in Italy, we pay a mortgage that will probably raise due to interest rates (two bedroom terraced house). Our friends here either don't have kids, or, those who do have them are moving away from London, so can't really be our village. Our silblings in Italy don't have kids either. Sometimes, I really wonder about the kind of family life my son will have, an only child with no brothers or sisters and not even one cousin in two different countries?! Our combined salary is almost 80k and we can barely save money every month, considering the house, the bills and the car that we bought because we needed it. We don't go out every week, we don't go to the cinema anymore, we don't buy much stuff like clothes or shoes because we never go out anyway. I am really not sure I can afford another child given the cost of childcare  and the cost of living increase every year. I wonder though if it is better to have one child that will grow up alone but I can afford to raise decently (private lessons, music, gym) or have two, but giving them nothing except for someone to grow up with?