It’s Not Just You: No One Can Afford Kids Anymore

Video Description

In our March video essay, Chelsea explores the myriad reasons millennials are having fewer kids, having them later, or just not having them at all. Spoiler alert: a lot of it has to do with money. Disclaimer: This video is for educational purposes only. SPECIAL THANKS TO: Dominque Baker: https://www.tiktok.com/@dominiquebakerofficial?lang=en Dr. Amy Blackstone: https://werenothavingababy.com/research/ Maggie Taylor: https://www.instagram.com/maggieolsontaylor/ SOURCE LINKS: https://www.psychologytoday.com/intl/blog/complete-without-kids/201401/childfree-trend-on-the-rise-four-reasons-why https://fortune.com/2023/01/12/millennials-broken-economy-delay-children-birthrate/ https://www.fox5ny.com/news/poll-millennials-not-having-children https://www.theguardian.com/environment/2023/nov/09/more-people-not-having-children-due-to-climate-breakdown-fears-finds-research https://money.com/child-care-costs-declining-birth-rate/ https://katiecouric.com/lifestyle/parenting/why-more-people-choose-not-to-have-kids/ https://www.resumebuilder.com/having-children-has-negatively-impacted-one-third-of-womens-careers/ https://www.thebump.com/news/record-low-womens-labor-participation https://www.pewresearch.org/short-reads/2021/11/19/growing-share-of-childless-adults-in-u-s-dont-expect-to-ever-have-children/ https://www.americanprogress.org/article/the-state-of-paid-family-and-medical-leave-in-the-u-s-in-2024/ https://www.abetterbalance.org/resources/paid-family-leave-laws-chart/ https://www.marketplace.org/2022/08/17/money-and-millennials-the-cost-of-living-in-2022-vs-1972/ https://lbmjournal.com/home-prices-are-rising-2x-faster-than-income/ https://www.wsj.com/economy/child-care-prices-are-rising-at-nearly-twice-the-overall-inflation-rate-2c279c61 https://www.newsweek.com/child-care-costs-more-expensive-college-1862309 https://www.pbs.org/newshour/amp/nation/how-the-rising-cost-of-childcare-hurts-parents-job-stability https://itep.org/lapse-of-expanded-child-tax-credit-led-to-unprecedented-rise-in-child-poverty-2023/ https://time.com/6488894/south-korea-low-fertility-rate-trend-decline/ https://www.nytimes.com/2022/09/14/opinion/population-birthrate-decline.html https://www.scientificamerican.com/article/population-decline-will-change-the-world-for-the-better/ https://www.pbs.org/newshour/economy/low-wage-workers-bear-financial-burden-of-denied-abortions https://www.cnn.com/2023/11/21/health/abortion-bans-increase-births/index.html https://www.bloomberg.com/opinion/articles/2021-03-22/singapore-s-shrinking-population-doesn-t-spell-economic-doom?leadSource=uverify%20wall https://www.pewresearch.org/short-reads/2021/11/19/growing-share-of-childless-adults-in-u-s-dont-expect-to-ever-have-children/ https://www.who.int/news/item/04-04-2023-1-in-6-people-globally-affected-by-infertility https://my.clevelandclinic.org/health/diseases/16083-infertility https://theivfcenter.com/what-is-the-success-rate-of-ivf-on-the-first-try https://www.forbes.com/health/womens-health/how-much-does-ivf-cost/ https://www.nytimes.com/2022/12/23/well/family/egg-freezing-risks-cost.html https://www.businessinsider.com/meet-typical-dink-double-income-no-kid-net-worth-retirement-2023-11 https://www.nerdwallet.com/article/finance/median-household-income https://www.huffpost.com/entry/why-i-refused-gender-reveal-party_n_5c75735be4b0bf1662042480 https://www.businessinsider.com/tiktoks-trad-wives-are-pushing-a-conservative-agenda-for-women-2022-11 Music and sound effects by https://www.epidemicsound.com 00:00:00 Society Information 00:00:53 Intro 00:04:47 Ad break 00:05:42 The Childfree Movement 00:16:25 A Brief History Of Reasons For Being Childfree 00:23:04 The Village: Then vs Now 00:31:48 Ad break 00:37:02 Societal-Level Implications Of Not Having Kids 00:44:21 How Difficult It Can Actually Be To Have Children 00:48:37 The Millennial Dichotomy: DINKs vs. Tradwives 01:00:01 Motherhood: The Impossible Choice For Women Join this channel to get access to perks: https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw/join The Financial Diet site: http://www.thefinancialdiet.com Facebook: https://www.facebook.com/thefinancialdiet Twitter: https://twitter.com/TFDiet Instagram: https://www.instagram.com/thefinancialdiet/?hl=en