Name: Why More Americans Are Going Child Free
Uploaded: 2024-02-24T06:25:37.000Z
Duration: 11 min 37 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

We got married fairly young and we both just decided for

Basic quantifiers

Past simple

And then at some point we heard the acronym DINK, and

I think just really fell in love with it.

There are more Americans that are deciding not to

This new trend has led to the rise of a new type of

household, more commonly referred to as DINKs.

This household configuration of dual income partners

living alone without children is on the rise.

And that's about a 7% increase from a decade

In 2022, 43% of Americans surveyed said they'd want to

get married, but just a little more than a quarter

said they were sure about wanting children.

The term DINK is becoming more prominent now because

of financial challenges, and they see children as

just another financial challenge that maybe they

So what's it like to live with a dual income and no

children? And will it be the future of American

households? According to a 2023 survey of DINKs,

finance played a major role in their decision to not

More than a quarter of respondents said they simply

aren't able to financially support a child at the

When we advise clients about having children, we honestly

don't even give them the full real details and the

real numbers. It's one of those things if you actually

see the math of it all, it might make you decide to not

It costs a family an estimated $310,605 to raise

And that doesn't even include the cost of college.

So if you look at inflation, it within the child care

market it surpasses general overall inflation within the

children at the same time that they're still paying

off student loans that they incurred when they were 18

One of my very closest friends, uh, she's been

struggling with the reality that the take home pay she

makes is about equal to what child care would be.

Seeing our friends really struggle with that balancing

act has, I think, made me appreciate the flexibility

that we have financially because we don't have

Besides saving on child care, DINKs can also fully

reap the benefits of combining their finances.

To look at both of our incomes coming in and see

Because we don't have extra finances with a child, it's

We get to focus more on the things that we want to do,

and saving a lot of that money for the future, and

worry less about the day to day finances of the house

Money isn't the only expense that DINKs can save on.

The free time is actually one of the biggest things

for me. So we built me a little office slash bedroom

out here. We definitely have some more expensive

hobbies. I, uh, build mechanical keyboards, like,

uh, computer keyboards in my spare time and just parts

and stuff for that can be very expensive.

Not having children has given us the freedom to

I'm really handy and I like doing stuff around the

house. I wouldn't have the time to just do that after

work if I feel like it, if I had, you know, a child to

Fewer expenses leave DINKs with more disposable income

Disposable income is power, it's stability.

The security that having, you know, six months of

income saved for emergencies gives you that

security was so helpful to us during Covid when I was

We have more tolerance for chaos, I think because of

our savings, our new savings goal, which is like

our shoot for the stars and hit the moon kind of is

According to census data, DINKs can save 9% more for

retirement each year compared to dual income

Subtitles ListPlay Video

Why More Americans Are Going Child Free

stuff

assume

prioritize

recommend