I talk about one of the biggest reasons that many Gen Z people give as to why they are choosing the child free lifestyle. Follow me on Instagram: / homemaker.finance.wife Be sure to subscribe for more faith, finance, and wifehood chats!
I'm 34 and my husband and I are expecting our 4th child. We have sacrificed and been extremely frugal, but it has all been worth it! I appreciate what you are saying about being financially frugal and prioritizing family if that's what is most important to you. It is excellent advice! I think the two biggest struggles gen Z has that are worse than previous generations are dramatically more expensive housing and student loan debt. Starting life with tens of thousands in student debt because kids did what their parents told them to do and studied hard and went to University traps people in having to work for many years to repay that debt making it difficult to afford a home or start a family. My advice fory kids is DON'T GO TO COLLEGE unless they absolutely need to for a particular career and only if they do so in a way that is cost effective (scholarships, grants, less expensive college).
@@redparis9225 I'm not even sure what the 4% rule is, but my family has an atypical financial situation. My husband and father in law cojointly own a successful small business with no debt. My husband and I own a small home with no debt. We own land and are putting our money into preparing it to build a home on (since ours is quite small for our family). We're doing all this without debt or investing in retirement accounts. Extra money goes into building up the business (to make more money) or towards the future new house.
@@redparis9225 My husband and I aren't saving in the typical fashion for retirement at this time. Whatever excess money there is gets reinvested in my husband's business so he makes more money. The business is debt free, very stable, and is doing well.
@@KneeSlice1775 Raising a child is a lot easier with a network of family around. Growing up, my grandmother was free daycare for my parents. Because of that, both my parents could work and afford a nice home. Both my grandmothers helped take me to after-school activities too. My uncle would come play street hockey with us, and my aunt would bring us cookies. It's so much harder for people who have no network of family around for support.
Money is one thing you can be frugal on. But when your baby comes you’ll realize you can’t be frugal with your time. And we all know time is money. So I hope the very best for you and your growing family. This economy is hostile to families and it’s almost impossible to get by even if you were’t already born rich.
I think childbirth at home will start to make a comeback like before the 1950s. It will save $25k unless if the doctor prescribed a C section for a large baby. Copy what the Amish are doing. Without kids though my life will be so empty, especially at the end when I'm looking back at all my physical possessions in hospice and thinking, "Was the financial security worth it?" Probably not.
OK, so I hear what you’re saying and I’m also at that same generation but I feel like the excuse of not being taught when you were younger should only last for like a couple years after that it’s on you you should know better
Nobody regardless of the cohort you belong to can afford to build a family because the trade-offs to be made are too great and options are being too few. I happen to be a Gen X man who is both single and childless and you know what? That's just fine.
You got so much right on this video, and I enjoyed listening to the entire thing. I do not think you are privileged, you are smart. Savings is huge, and I think it is important to short term invest your savings into something with compounding interest until you make a big purchase. I see so many young adults who have the mindset of "I just got some money, I am going to buy the new $2000 Samsung/iPhone" instead of getting a $400 Motorola smartphone that has the exact same features and comparable specs.
I am not trying to one up gen z here but it is a reminder that it your goals are achievable even though it may feel impossible. From my perspective, a millennial and a homeowner this economy is nothing compared to the economy when we graduated college in. In spring of 2010 I finished trade school and could not find a job in the Chicagoland area and had to take short term employment opportunities on the East Coast. Mom lost her job at AT&T and had to move to Texas for work and Dad had to stay at home in Illinois for his job. This is how we stayed afloat, and we were lucky. I finally moved out of my parents house when I was 29, and delt with boomers and Gen x chitting all over me for living with my parents and not a home owner and having babies at a young age like they did.
This video has a lot of talks about comparing gen z to gen x and boomers, but I think it should focus a lot on the comparison to millennials, as we are more relatable to gen z financial hardships than Gen x and baby boomers ever were. I think gen z can learn a lot from us millennials, and realize that not all of us have recovered from 2008. It can be an exhausting and feel like an impossible rat race, because it is, but remember that it is not our fault. blaming others will not fix the problem. I am optimistic and think that together we will turn things around for the better when both generations become the ruling majority.
Financials was one of the reasonings behind me not having a kid, about 15%. Environmental impact is 20%. My girlfriend and I have disorders that are known to be hereditary is 50%. The last 15% of my reasons is I hate kids. As a result I am 100% child free, but everybody has their own dreams and goals and I respect that.
This is why it’s important to not always think your perspective is valid. First and foremost yes, absolutely; the Boomer generation is most definitely at fault for how dismal the economy is for young and middle aged people at the moment. There is a thousand studies to prove that the world they lived in was absolutely (not subjectively) easier than a person born in the 80’s 90’s or 2000’s. Their parents witnessed the horrors of an actual poverty stricken life including 90% of the population. (Very important to add that there is always gonna be bums and lowlifes that choose poverty) They promised themselves to hand down the best possible life for their own children which was the baby boomers. The Baby boomer, as an individual is very funny and outgoing; as a generation however they were super selfish and egocentric, borderline narcissistic. They waged wars they couldn’t afford and said “welp we’ll pay it off later”. Didn’t invest in the infrastructure that was afforded to them or institutions. My boss (a boomer) went to state university for free, me atm will have to fork over 9k a semester to do just that. Housing has inflated to ridiculous prices and no we shouldn’t have to live in bum fuck nowhere to attain a dream that was so easily handed to them. It’s no wonder my generation (gen Z) is fast becoming the largest conservative growing generation in U.S. history. Instead of down sizing like their parents did in old age they’re holding onto 80% of all wealth with a death grip all for the sake of saying they did far better they their kids and even their grandkids at that. The history books are gonna grill them into oblivion. Before anyone calls me a self proclaimed victim me and my Fiancée worked 110 hours biweekly the past 4 months and still don’t get approved for a studio apartment where we live (Bay Area CA.) and I’m still mopping up community college while trying to graduate debt free. If it wasn’t for my Dad and partially my mom, we’d have a place to live but definitely no food. What I see a lot of people my age who have decided to leave their parents home is that they are sitting on mounds of debt. Debt to me is slavery and I refuse to play this new age slavery game.
Tell that to India, Latin America, the Middle East, and…Africa? Uh oh. Yeah, I think we’re doing our part here in Western Society. I wish the Third World were just as self-conscious as us, I just hate having this unintended superiority mindset. And BTW, I’m not white.
@@neimadizelol the Jews only push this global warming over population crap on white people who eat it up. Meanwhile in Africa they make more babies than they can feed.
Even if my nephews can afford to build a family. Why would they with the toxic destructive state women are in. It is more than just a financial reason to not want to start a family.
Yea I get that it's hard to find good women nowadays who want to be mothers. I think it's also hard to find good men who want to build a family as well. This was definitely one of the things my husband and I talked about when we were dating
@@ellianna.kellerhonestly most men can’t even get a date with a woman because most women share the top percentage of men. Most men would love to have a family, the only ones that don’t are the high value men that get all the women. There’s zero incentive to settle down when your dating life is a buffet.
Most girls in the genz generation also believe in rocks with spiritual power more than the church. It’s disgusting to see what the government did to our women
I don’t want kids until I can ensure there not living or going to a school in a heavy minority area. It was brutal for me going to a high school with less than 3% white students. Also why I left the east coast for the midwest
These are the complaints of every generation. A generation is 25 years. Don't remove the ancient landmarks. The oldest Gen Z is entering kindergarten. Baby Boomers from 1939-1964, Gen X from 1965-1990, Millennials from 1991-2016...
Those aren’t even close to being the years. Boomer: 1946-1964. Gen X: 1965-1980. Millennials: 1981-1996. Gen Z: 1997-2012. Gen Alpha: 2013-2028. Gen Beta: 2029-2044.
@@swathdiver489 it’s 16 years and don’t get at me for the years. I didn’t make them up. And it does make sense. Things change a lot faster than they ever have before. Take it up with the historians.
@@mastersnet18 Someone has changed it recently. It has to be unchanging to be consistent and not changing to societies whims like a woman changing her mind.
Nah, disagree...l'm a millenial, l'm VERY savvy with money. I bought my home in Jan 2020 for $550k 2.25% (SoCal) this same house would now sell for over $800k at 7%!! I'm a nurse my job pays good, but no nursing job pay has increased to this extent. I agree with being frugal, living below your means...but trust me a cup of coffee is not what's making it difficult.
