And you wanna be a mom and I wasn't mad at it
I was thinking 'bout me, I'd be really bad at it

from Childish Gambino (Ft. Lloyd) – III. Telegraph Ave. ("Oakland" by Lloyd) Lyrics on Rap Genius

Meaning

He’s not mad that she’s trying to have his kids (because if she’s turning 30 soon, those are her child-bearing years) so he sticks with her. He’s just thinking about how he would be a bad father.

Again, she might be ready to be with him for good, and Gambino is having his doubts. On one hand, he wants to be with her and on the other he’s afraid of the future.

In the Because the Internet Screenplay after the boy realizes that he misses his ex after a failed threesome, he drives to Oakland. In a conversation with his ex it’s revealed that they were gonna try and have a kid but the boy was to scared to commit.

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