You do not need to have a lot of money before you start having kid(s), all that matters is that you earn reasonably well to the point that you can take care of yourself and the kid(s) as a parent. Your wife or husband (as the case may be) should also be working to make this comfortable. I said this because some people would use that as an excuse not to have kids until they are older, not knowing they only shifted the responsibility forward.

For those who love children, so long as they are working and earning moderately enough, I think it's a good risk to take.