There’s never been a better time to be a DINK, according to Business Insider.
In our death beds it's not the bank balance that would give us joy but the core memories that we made makes us feel we lived a great life. At the end that's important
If you are compensating for your choice of not having kids through other core memories like traveling or other experiences then go for it. Optimising not having kids only for saving money is a dangerous thing. As I get older I realise that joy comes from giving and not from accumulation.
Jordon Lee
Stealth
10 months ago
Most of the times, nobody would care if you have reached that bed of death. Just look around and you'll see what I am saying. Social structure is crumbling in front of our eyes.
Jordon Lee
Stealth
10 months ago
Sad reality but the so-called bed of death also comes with a price. Hospital bills, expenses etc etc.
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Anise Lee
Stealth
10 months ago
Always wondered what would happen to DINKs around the age of 60-65ish when health would start to catch up with them and put pressure on their health and they would require care ?
Probably hire a primary healthcare provider ? Maybe.
Very valid point.but this is one part which makes the person look selfish and hence many people don’t resonate with it. It looks transactional.
I believe the reason for kids should be unconditional Love . Got to experience it to feel it .
Aaron Vernon
Stealth
10 months ago
Probably the same thing with people who have kids but who don't take care of their parents due to several reasons. Honestly, thinking about having a kid just so they can take care of you in old age sounds selfish to me and it doesn't have 100% guarantee that the kids will look after their parents in old age.
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I'm in the same boat but for sightly different reasons
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Having just turned 30 (still unmarried) and not too keen to have kids, I can say that I'm now in that phase where my decision would be based more on inner desires than financial aspect.
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In fact money is fast losing charm and I eagerly read about achieving financial security (when passive income starts covering your living expenses) for an early retirement to be able to focus on my health (I'm never gonna miss gym), hobbies (photography, reading etc) and adventure (recently went to an adventure park in HYD, trekking, hiking ..)
Kendall Vernon
Stealth
10 months ago
Double income no kids with a dog 🤣🤣
I think caption is misleading. Isn't it obvious that couple with no kids would save on lot of expenses. Can we add one more graph representing net worth of entrepreneur with large families? e.g. Gujarati or Marwari families where kids join the business and scale it up further. I am sure it would be astronomically higher than DINK. But what should I take away from it? Is this the best time to be DINK or best time to be entrepreneur with large family and high net worth.
Sure, having kids is expensive. It's a personal choice. Some people have kids for the joy, happiness and fulfillment it will bring to their lives. Some people equate that happiness with travel or lavish lifestyle. But let us not misinterpret the data to be what it isn't meant for
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