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There's never been a better time to be a DINK
  + stars: | 2023-10-22 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +6 min
One variant of the DINK is the DINKWAD , double income couples without kids — but with a dog. AdvertisementAdvertisement"Some of those savings might ripple into an accumulation and increase in net worth," Heggeness said. What's more, the cost of raising one child to their high school years is estimated to be $310,605 — the bulk of a median DINK's net worth. For instance, single Americans with children have seen their net worth more than double over the last decade, and their net worth is outpacing younger, childless singles. Now, that rise in net worth might be due to the changing dynamics of how single parents are arriving at their destination.
Persons: DINK, , childlessness, they're, Misty Heggeness, Nobody, weren't, Heggeness, JP Morgan, Nicole Valdez, it's, Jasmen Rogers Organizations: Service, Federal Reserve's Survey, Consumer Finances, University of Kansas, Survey
There's a new American Dream: Becoming a DINKWAD — double income, no kids, with a dog. It stands for double income, no kids, with a dog. You can also be a DINK — double income, no kids — or a SINK, meaning single income, no kids. And then I heard the phrase DINKWAD, which is double income, no kids, with a dog. There's an increasing acceptability of not having children; there's a decreasing stigma around not having children," Pamela Aronson, a professor of sociology and an affiliate of women's and gender studies at the University of Michigan-Dearborn, told Insider.
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