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Birthrates in the U.S. hit historic low in 2023, preliminary CDC data show
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<blockquote data-quote="iluvatar5150" data-source="post: 77659065" data-attributes="member: 313046"><p>eh... Sure, some people use that as an excuse, but IME, a lot of people use it because they genuinely believe it. And part of the reason they believe it is because they have high expectations for raising a kid and they see their potential earnings being greater in the future. </p><p></p><p>The logic isn't hard to figure out - if you get out of college and get a job for $60-70k, you're probably saving for a car and a house, paying off some college debt, paying rent, and if you're smart, funding your 401k. That occupies most of your money. But you can look 10 years down the road and see that, by the time you're in your mid 30's, you'll probably be making whatever the inflation-adjusted equivalent of $100-150k is, then why not wait a few years until things are substantially easier?</p><p></p><p>But if you're making $25/hr now and, in 10 years, you'll only be making $27/hr, then why wait? Things won't be appreciably better then, and you'll just be older and more tired.</p></blockquote><p></p>
[QUOTE="iluvatar5150, post: 77659065, member: 313046"] eh... Sure, some people use that as an excuse, but IME, a lot of people use it because they genuinely believe it. And part of the reason they believe it is because they have high expectations for raising a kid and they see their potential earnings being greater in the future. The logic isn't hard to figure out - if you get out of college and get a job for $60-70k, you're probably saving for a car and a house, paying off some college debt, paying rent, and if you're smart, funding your 401k. That occupies most of your money. But you can look 10 years down the road and see that, by the time you're in your mid 30's, you'll probably be making whatever the inflation-adjusted equivalent of $100-150k is, then why not wait a few years until things are substantially easier? But if you're making $25/hr now and, in 10 years, you'll only be making $27/hr, then why wait? Things won't be appreciably better then, and you'll just be older and more tired. [/QUOTE]
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Birthrates in the U.S. hit historic low in 2023, preliminary CDC data show
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