Millennials are increasingly refraining from having children due to financial constraints, including high childcare costs and student debt. Many parents like Christi Orsatti desire larger families, but the reality of their economic situation—high expenses and necessity of dual incomes—prevents them from pursuing that option. Conversations with moms reveal significant concerns about financial responsibilities that accompany raising children. A Gallup study indicates that a significant number of Americans feel the ideal family size is greater than what they currently have, particularly emphasizing the desire for more stability before expanding families further.
Millennials are feeling the pinch of economic pressures, notably high childcare costs and student debt, which hinder their ability to expand their families.
Many parents express a desire for larger families but face financial uncertainties that leave them hesitant about having more children.
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