Kids are expensive and single, child-free women are taking note.
Latest data from the Federal Reserve Bank of St. Louis showed that single women without kids pocketed $65,000 more in wealth in 2019 than single, child-free men, who has an of $57,000. Single moms, alternatively, had only $7,000.
That is unsurprising since on average, it takes about $286,000/12 months to lift two children within the US according to the USDA as reported by Bankrate. These staggering figures, together with improved sex education and more financial independence amongst women, may correlate to the drop in US births.
On average, fertility rates within the U.S. have been steadily decreasing even before the pandemic, and the Census Bureau said that trend is...
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