You get your personal, financial goals in place, and then what? Parents shift those goals to their kids, we don’t. The hard part is that once you’re living a child-free life you have to choose your own path, which can be really hard for people.
“It’s a different life plan, not better or worse. “It’s a different set of goals: 90% of my clients embrace a die with zero approach-they want to spend and enjoy their money throughout their life, it’s not about passing it on to another generation,” he explained. Given a lack of support for child-free couples, Zigmont launched a specialized financial advisory firm for his demographic. A different life planĪlthough DINK couples are a growing demographic, services catered to their needs are still lagging behind. Likewise, an adoring aunt and uncle to a host of nieces and nephews, Maclean and Kyrish say they plan to donate most of their money but continually assess if any of their family members truly need financial support. I believe education is a gateway to achieving the job roles I want.” To me, investing in my education meant I am investing in my future. While I was hesitant to apply and worried about not being accepted, I chose to stop thinking about what could happen and instead see what does happen. Vallejos explained: “Recently I graduated with a master of public administration from the University of North Dakota. They also share their hard-earned cash with parents and family members, Elliot said, and invest in their education. Vallejos, told Fortune one of the “greatest privileges” of being child-free is not “constantly” worrying about money, meaning they can go on regular vacations and hold Disneyland Magic passes. Santa Barbara–based Kyle Elliot and his partner, J.V. In fact fathers actually had more wealth than men without children, who have a net worth of $132,500, and mothers, who had a median net worth of $109,500, according to the research. Yet their median net worth-$173,800-is followed closely by fathers, who have a median net worth of $161,200. Census Bureau, published in 2021, found that women without children had the highest net worth out of peers of both genders with or without children. Financial upsidesĭINK couples say there are also some financial upsides to not having children-though these are vastly overestimated by peers who are parents.Ī study carried out by the U.S. Likewise when Kyrish got promoted to a job an extra hour’s drive away, he was able to accept without hesitation. “But then I took the time to think about what I really wanted to do if I could do anything, and it took a lot of convincing and months of assurances that I could take the time off and afford it, to decide to do it.” It was never something I saw as an option,” Maclean says.
“I never thought I’d quit my job to try and write a book. Career freedomĭespite the unexpected negative impact the choice has made on the Zigmont’s working life, it has also allowed the couple-and other DINKs-a kind of liberation which may have been impossible otherwise.
FINANCIAL FREEDOM MEANING PROFESSIONAL
That negativity has seeped into Zigmont’s professional life, he told Fortune, from subordinates questioning his decision, to career coaches telling him he needed them, through to a supplier stating: “So you hate kids” when Zigmont revealed he did not have any. “The reality check is that in my belief are a minority that people think it’s still okay to judge and look down upon.” I call it the Standard of Life Script, which is the idea you go to school, get married, have kids, buy a home-that’s just in our culture,” Zigmont said. “You’re raised to be a mother, be a father, that’s kind of the culture. It is this “judgment” which Zigmont said had been the most difficult aspect of the DINK lifestyle to deal with-he and his wife were unable to marry in her Catholic church because they told their priest they planned not to have children-and it’s only getting worse.
0 kommentar(er)
