A recent survey reveals that 1 in 4 young adults says they won’t have kids due to financial concerns. People aged between 18 to 43 years say they want to maintain their financial freedom and want to avoid having kids, as this can be a high cost to manage.
It is estimated that the average cost of raising a child from birth to adulthood is around $240,000. Because of this high cost, people under 50 prioritize financial stability and lifestyle goals over starting a family. Let us know what you think about this and what your preference is.
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