Nowadays, many young parents opt to adopt or raise a child by themselves. The research found that nearly a quarter of American children under the age of 18 lived with one parent and no other adults in 2019. The U.S. has the highest share of children living with only one parent compared to other developed nations.
All of this research points to the increasing awareness of more households in the U.S., either having a single parent or children sharing households among their parents.
Although many younger parents are looking to raise a child independently, without a partner, the financial implications of raising a child have become increasingly problematic, especially in the United States.
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