Imagine going to the maternity ward in the dark of night with the expectations of having one child and coming out with three or, well, ten?
As you can probably deduce, the news is perplexing, and while the births of multiple children are considered a blessing.
And, the first thing that will ring in the parents’ minds (especially the father’s) is how in the name of all that is good and mighty, am I going to feed all these kids?
You have probably heard of Gosiame Thamara Sithole, the 37-year-old South African woman who recently entered he Guinness World Book of Records.
Guinness World Book of Records.
Her unique ability, you ask?
Gosiame gave birth to decuplets.
Yes, ten babies, all at once. BBC reported that she had five natural births and five cesarean births.
As of now, she has 7 boys and 3 girls.
This is in addition to her six-year-old twins.
The husband revealed that he was stunned by this news because their doctor had earlier counted only eight heartbeats.
The other two were an unexpected miracle.
While this might sound shocking, multiple births have been known to exist for quite some time now.
Africa is prevalent in this and has recorded several women who have given birth to more than three children at once.
For instance, before Gosiame took the Guinness title, a 25-year-old woman from Mali (Halima Cisse) gave birth to nine children at once.
This astonishing birth took place last month, and the babies are still being cared for at a clinic in Morocco.
Multiple pregnancies are mostly attributed to fertility drugs which are often recommended after women decide to fall off the contraceptive wagon so that they may be able to conceive.
A gynecologist from Kenyatta hospital stated that multiple births are rarely ever natural.
Now, why should you have a child’s savings plan prior to the conception decision?
How Much Bringing Up a Baby In Kenya Costs
Granted, it is not every day that a woman gives birth to multiple children. Some sonograms actually reveal the correct number of babies a pregnant woman has in her belly.
Still, even with the exact knowledge of how many children you are going to have, how many people actually have an elaborate plan for their kids?
The truth is, many wing parenting, and when this happens, they wind up struggling to make ends meet for the family.
This results in depression, drug abuse, workaholics, poverty, etc.
If you do not have a financial plan for your child’s upbringing, then you are, to put it lightly, dooming your family’s fate.
Raising a child in this day and age is not easy.
Say you spend sh250 on your child daily, which results to sh 7,500 in a month.
You will wind up spending up to sh100 000 per year.
This is only just one child. Imagine if you had two, or six or, well, ten.
A compiled report revealed that a Kenyan parent spends an average of sh3 million on a single child during their eighteen years on this earth.
This is the minimum amount, and it was calculated on the basis of basic necessities, excluding education and health care.
For a child to obtain a high school education, a parent will need sh 300,000 to 500,000 (from Form 1-4).
When they eventually pass and join the university, parents will find themselves spending a minimum of 1 million on their child’s education.
As for a child’s health, there is no certain prediction. A parent can spend up to sh1 million in this sector.
See why you need to be better prepared?
Make That Financial Plan
At times pregnancies occur without a couple’s knowledge.
By the time you visit the hospital with claims of a stomach infection (or your mother abruptly asks if you are pregnant), you are completely unprepared.
The panic of raising a child sets in mostly because you have no savings and are currently swimming in debts.
Even with these bleak thoughts, with the proper financial plan, you will be fine.
You can begin by seeking out a financial advisor who will properly allocate your finances.
Afterwards you can open your child’s savings account and throw in cash there religiously.
Nine months might not seem like enough time to do all this, but it is the start of something.
This account will help you get by as you begin parenthood.
Say you are financially well off, and the idea of a child’s savings account seems a little too grandeur to be taken seriously.
With this fluctuating economy, anything is plausible, and it is better to be safe than sorry.
Who knows, the sonogram might read two heartbeats while there are five!
Planning ahead is the only way you will be able to cushion the shock.