PBA: Even if you agree that there might be reason to provide subsidies for children, there is no inherent right for those with children to demand subsidies.
And yes, the Charaidim are the ones who pushed for the huge child subsidy that existed (and was designed to benefit Charaidim). Now that they are out of power, the subsidy is being removed.
I do feel bad for Shraga (as he is suffering due to the cuts), and would love to help him out. Since he would rather argue than work on his finances, I feel less bad. My final suggestion is go find a financial planner that can help you.
A quote from the Jerusalem Post, January 2013:
The numbers were stark. Of all bank account holders in Israel, 52 percent went into overdraft last year, half of them remaining in the red on a regular basis. Not counting mortgages, half the public was in debt of one sort or another.
Fully 20% of them were late in their bill payments, and many said they would not be able to deal with an unexpected one-time cost of NIS 8,000.
More than simply a snapshot of poor financial planning, the data paints a picture of a public that lacks basic financial literacy, a problem experts worry can have implications for the broader economy.
(Emphasis added)