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Why Marraige Couples Are Having Few Children - Romance - Nairaland

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Why Marraige Couples Are Having Few Children by jumia1: 4:59pm On Jul 07, 2018
According to the results, there's one main reason driving people to have fewer kids than usual and to abstain from parenthood entirely: money.

The survey respondents were 1,858 men and women ages 20 to 45.Among people who said they had or expected to have fewer children than they considered ideal, four of the top five reasons had to do with childcare costs. Sixty-four percent said childcare is too expensive; 49% said they're worried about the economy; 44% said they can't afford more children; and 43% said they waited to have kids because of financial instability (multiple answers were allowed).

Among those who said they didn't want children or weren't sure, 31% said it was because they couldn't afford child care; 24% said they can't afford a house; 23% said they were worried about the economy; and 13% said they had too much student debt.

These statistics are perhaps unsurprising to anyone who has kids, or even friends who are parents. As Business Insider's Hillary Hoffower reported, adjusting for inflation, the average weekly childcare cost increased from just $84 in 1985 to $143 in 2011, according to the US Census Bureau.

Schooling is a main culprit: Childcare and pre-college education now comprise 18% of the total cost of raising a kid, compared to 2% in 1960.

To be sure, raising a kid is less costly in certain areas of the United States. As Business Insider's Tanza Loudenback reported, an analysis by Credit Loan finds that parents in New Jersey, Maryland, and Connecticut will allocate less than 60% of their total income to child-related costs. Compare that to more than 80% in Nevada, Florida, and Arizona.

It's also worth noting that finances aren't the only factor in people's decision not to have kids, or to have fewer kids than they'd like. In the Times survey, the most popular reason for not having kids or not being sure was wanting leisure time.
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Re: Why Marraige Couples Are Having Few Children by donogaga(m): 5:01pm On Jul 07, 2018
Spot on.
I concur.

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