10 Compelling Reasons Millennials Aren’t Having Kids
- By
Julia Austin
Source: DEV IMAGES / Getty
It costs over a quarter of a million dollars
A couple of moderate income will spend over a quarter of a million dollars to raise a child from infancy to 18 years old. A quarter of a million dollars. Meanwhile, many studies have found that Americans aren’t saving for retirement nearly as much as previous generations did. If we’re to get our priorities straight as a generation, we should probably at least make sure we are taken care of before adding a baby to the mix. And it turns out we’re financially struggling to ensure we’ll ever get to quit working. If I might already face being in the workforce until I die just trying to support myself, where would I get off adding a quarter of a million dollar expense of a child to that equation?
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN
