Millennials and Gen Z Hesitant to Have Kids Due to Financial Concerns

Reported about 2 months ago

A recent Care.com survey reveals that many Millennials and Gen Z individuals aged 18 to 44 are increasingly uncertain about having children, with 30% expressing a definite desire for kids while 44% are unsure or uninterested. The financial burden of raising children, particularly the high costs associated with childcare—amounting to 22% of household expenses—significantly contributes to this hesitation, with 68% of respondents citing expenses as a major deterrent. The Care.com CEO emphasizes the need for improved support systems and infrastructure to help families tackle these challenges.

Source: YAHOO

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