4 ms·

What is "survival wealth"? Is that "savings and investments for future"?

• quantified 6y ago
  Essentially. I just coined that while writing it, glad someone made sense of it. “How do I survive when I’m unable to fully provide or do for myself?” If my children are likely to be successful I don’t need to spread my luck out among 12 of them. As others have pointed out, they are labor-intensive and if you buy into certain socio-economic structures they’re fairly capital-intensive too. I wonder if some if it is also the capital intensity of children, the higher the monetary investment you bring (clothes, gear, schools, activities) the harder it is to have lots unless you have the money.