Millennials are not having kids and there are a few reasons why. Millennials are not having kids for a plethora of reasons whether it's money related daycare and housing costs, student loans, leisure time, travel fear or career advancement.
Poor spending habits, student loan debt, lifestyle spending, social lives and low wages all contribute to the low birth rate amongst Millenials.
Unknowingly or knowingly the increasing bad spending habits, student loans and not saving or planning for the future gives the perception to most millennials that they simply “Can't Afford” kids.
Money is the dominating factor as to why millennials and adults are having fewer kids or in some cases even no kids. 1. Career Advancements 2. Leisure 3. Fear
There is a growing body of evidence that suggests many millennials simply don't want kids. Whether it has to do with their finances, time, lifestyle, or insecurities as a parent some millennials simply want to avoid kids.
There is also one seldom talked about reason Millenials are not having kids (or delaying) and that is waiting for the right time!