Overpopulations inhibits investment and financial growth.
Overpopulation has contributed to the poverty rate of most countries and families. When couples give birth to higher number of children than they can take care of.
This has so many adverse financial effect on both the parent and children.
They cannot afford the basic necessities of life for all the children and education is mostly totally lacking for children born into such settings, I was a victim of such and the same goes for so many children in the country.
If kids from these homes manage to get some education, it means that the kids themselves have gone extra mile to raise themselves in school.
Kids as young as 10years begin to hawk sellable items after school just to make profits that will be channeled into paying his/her school fees.
This was how so many children got to attend school around this part of the world, not necessary because their parents were financially responsible for their upbringing.
No wonder the number of out of school children has been on the rise ever since. Not everyone can afford to go through the stress of combining school with trading and business.. Its stressful for adults to combine two job talk mode of kids having to go through the stress of raining funds to sponsor themselves in school.
lack of education has been the reasons why these kids grow into adulthood and live in abject poverty for life since there are less opportunities available for illiterate people in every country.
I can never seem to imagine why the poorly developed countries seem to be highly populated.
The population rate seem to be directly equivalent to the poverty rate.
Most times it is not all about getting jobs and working hard to earn more money..
Reducing the number of mouths parents feed and cater for might help them save some funds.
This same rule applies to countries as well.
Families that desire to achieve financial freedom must put into consideration the responsibility they can bear and how much finances is available for both their investment and growth and how much can be spared to take care of the children they will bring forth...
You will agree with me that the financial state and standard of living for parents who earn the same amount of money while having different number of kids will differ greatly.
For instance my daddy earns about $30 and has 7kids
While another earns the same $30 an has 2kids.
It is much easier for the other father of two kids to be able to manage his finances and responsibilities well enough to generate enough capital for an investment.
While my own dad will sparingly be able to cater for the 7 of us and he might have no future investments.
For families to be able to live a standard lifestyle in good financial state or even generate wealth for themselves, they must be willing plan well, determine the number of kids they want to care for and what percentage of their income is to be channeled into future investments.