May 18, 2024

News and Political Commentary

Child-free finances: How your financial needs, concerns differ if you don’t have kids

2 min read

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As the child-free lifestyle surges in popularity among younger generations, many might imagine it means having a lot more money to spend, but that’s not always the case.

In fact, it’s not a prioritized clientele in the financial planning world, some experts say — and it’s one with its own unique needs.

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According to Statistics Canada, gen Z and millennial generations are continuing the downward trend of the number of children per woman in Canada. Roughly a third of people aged 15 to 49 do not intend to have kids at all.

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The Canadian Press

2023-12-26 10:01:04

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