In our situation, would you wait to have a baby?

In a nutshell: Yes.

I have 3 kids. We have 2 loans, and we don't own our own house. While we are (finally) in the position to purchase a house, it took us 6 years to get there.

I would urge you to wait at least until one or both of your personal loans (and credit card) is paid off.

I'd say you don't even need to buy a house before you fall pregnant, but a lot of women think differently.

When we first had kids, we actually had no debts apart from rent, so we could afford for me to take time off work.

That's another thing you have to think of... How much time will you be taking off after you give birth? How much of your wage is spent on paying debts off, and how much will you lose after baby is born.

You should look at all this without including the inheritance as a factor, because until you get it, it's always in question.

Good luck.

PS: Hannah, I'm 28. I had my first child just after my 22nd birthday. I don't regret it at all. What a horrible thing to say. She's not a teenager for heaven sake!

It's seems you're ready. Two things. One, I'd move into the house you're gonna buy before getting pregnant. You don't know how you'll feel being pregnant-- likely tired at times-- moving into a home will be too stressful to do then.

Two, have you done at least 80% of the stuff on your bucket list? If not, travel, do some adventures with your husband, etc... That way when baby comes you won't feel resentful that you didn't get to live your dreams.

Other than that: baby dust and good luck !

I understand that you do have debt and bills to pay, but as for having a child... Children are a magical blessing! They bring such joy into your life. They will be an added expense, but a good one. I had my first child when I was 19 and married and my second at 22 just this past October. We, ourselves, have a great deal of debt also, but I wouldn't trade being debt free for any of my children any day. If you think that you are ready to bring the unconditional love of a child into your life, then yes, go for it! You both have good paying jobs and will be financially stable enough to have a child. You will be more than happy with your decision after the baby is born and in your everyday lives! Good luck to you! God bless! :)

I would wait if I wear you. You should wait till anything that needs to be paid off is, and till you finish your studies. Also wait till your a bit older, your only 23, you should enjoy life without a child for a bit longer, trust me, you would regret it if you don't once you have the child.

I would wait. You need to save up a bit of each of your incomes to work towards paying off your debt in full. Pay off the debt you have instead of buying each other $50,000 cars.

Yes, I would.

In fact, we did.