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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
The only marriage type where husbands devote more time to caregiving than their wives is one in which the wife is the sole breadwinner. In those marriages, wives and husbands spend roughly the same amount of time per week on household chores. (A subsequent reform in 2002 that allowed an additional nontransferable month was not found to lead to more separations.) The cultural hurdles women face at home overlap with hurdles women face in the workplace. First, she told me that she’s done the math based on time-use data and found that women are, in effect, doing about an extra month of unpaid labor a year, while men get an extra month of leisure.
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