'I can't afford a baby!'
(2 Minute Read)
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In today’s society, women are choosing to have children later on in life due to the high cost of living. The cost of raising a child in the UK has steadily increased over the years, making it more difficult for young couples to start families. As a result, many women are opting to wait until they are more financially stable before having children.
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It's important to note that this is in reference to a more traditional pregnancy, not taking into consideration the cost of IVF or surrogacy. These assisted reproductive technologies can be prohibitively expensive, making it even more difficult.
One of the main reasons for the high cost of raising a child is the cost of childcare. Many families cannot afford to pay for expensive daycare or a nanny, and parents may need to take time off work to care for their children. This can put a significant strain on the family's finances, making it difficult to make ends meet.
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Another factor is the cost of housing. Many families need to move to larger homes to accommodate their growing families, which can be even more expensive in urban areas. The cost of living in general is also higher in cities, which means that families need to earn more money to maintain the same standard of living.
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In conclusion, the high cost of living is making it more difficult for young couples to start families. However, many women are choosing to have children later in life to ensure that they are financially stable and until they are more established in their careers and have more savings, they can provide a comfortable life for their children.
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