I have small children I also make a pretty respectable Software Engineering salary, my kids have no real understanding of that. They just know Daddy works and has a job they don't really understand the finances, and seem just as content in the home we purchased recently as they did when we were living in an apartment, for them the realities of finances don't have major impact in their day to day lives.
In contrast my mother works in a Title 1 Elementary school[2], she spends much of her day dealing with children that are in chronically bad situations, it has been her observation that the biggest problem is that no one cares about the kids, not in a the parents hate them sense, but there is no one actively concerned with and thinking about and preparing for the child's future, there are all sorts of resources the school makes available to try and help these kids but it doesn't matter much because no one is invested.
When you have only one parent that one parent has is the sole person responsible for helping prepare that child, investing in that child, and guiding the child, and that kind of work is exhausting. It can be done my own mother is evidence of that, but when you have two parents now you don't have to be the point man on it all day every day you can share that burden with someone else, you have someone to help bear the burden when it is too much for you, and that shares the load.
That I think is an important part of what having a two parent household rather than a one parent household brings, even if finances aren't great it still means there is someone that can invest in the child.
In contrast my mother works in a Title 1 Elementary school[2], she spends much of her day dealing with children that are in chronically bad situations, it has been her observation that the biggest problem is that no one cares about the kids, not in a the parents hate them sense, but there is no one actively concerned with and thinking about and preparing for the child's future, there are all sorts of resources the school makes available to try and help these kids but it doesn't matter much because no one is invested.
When you have only one parent that one parent has is the sole person responsible for helping prepare that child, investing in that child, and guiding the child, and that kind of work is exhausting. It can be done my own mother is evidence of that, but when you have two parents now you don't have to be the point man on it all day every day you can share that burden with someone else, you have someone to help bear the burden when it is too much for you, and that shares the load.
That I think is an important part of what having a two parent household rather than a one parent household brings, even if finances aren't great it still means there is someone that can invest in the child.