I have no experience with kids whatsoever as I was one just a few years back. I think you should ask yourself how much do you need to afford your child. The kid really doesn't have to be spoiled. It does cost a lot to buy diapers, milk, and all the baby needs. Why don't you see what your budget is and try to see about how much stuff you would need for your baby. Then see if you have how much you need. Like I said, I have no experience with this. But it might be a good idea to see an average cost of your child. Everything else outdoes the money though. It is rewarding to have a kid.