A 2021 study by the Census revealed that childless adults age 55 and older had a median net worth of $153,900 compared to $130,400 for biological parents.
The source you linked tells that more developed countries have less kids, which is almost unrelated to how “affordable” having a child is, which infact have the opposite trend.
Thanks much better, however “Correlation does not imply causation” which is obvious in this case (and as the source itself say, the correlation is probably about education instead etc). The problem is much more complex and trying to explain it with a simple correlation is a bit naive, however you can’t deny how much of an economic struggle raising a kid is for the average income family…
The source you linked tells that more developed countries have less kids, which is almost unrelated to how “affordable” having a child is, which infact have the opposite trend.
Here is a source for within the USA.
The more money one makes, the more free they are to make the choice not to have children.
Thanks much better, however “Correlation does not imply causation” which is obvious in this case (and as the source itself say, the correlation is probably about education instead etc). The problem is much more complex and trying to explain it with a simple correlation is a bit naive, however you can’t deny how much of an economic struggle raising a kid is for the average income family…