Knowledge is power.
In the olden days, parents used to have more kids and they used to bring their children up based on their financial position. But these days that tendency is changed. Another issue is the competition. These days anywhere and everywhere we see heavy competition only. To get a seat in a school, to get a seat in a college and then getting a job, everybody is facing many difficulties.
So parents should see that their children will understand the issues properly and face the challenges in the right way. It is the responsibility of the parents to make their children ready to face the challenges.