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home / 世界杯决赛2022

generation z puts more value on living comfortably than having children

98% consider living a financially comfortable life their most important goal in life

by noella ovid

jun 10 2022
read time 4 minute read
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living a financially comfortable life is the top priority for nearly all members of generation z, and that could be bad for birth rates, according to a recent study by rubyhome california luxury homes.

the u.s. survey found that a whopping 98 per cent of those born after 1997 consider it their most important goal in life.
that is followed by positive mental health (97 per cent), pursuing a career (88 per cent), and finding a lifelong romantic (86 per cent) or platonic (61 per cent) partner.
unlike previous generations, starting a family is the least important life goal for generation z, as only 52 per cent ranked having or adopting children as a priority.
the study found that over a quarter (27 per cent) of the cohort do not want children at all. in fact, the ultimate life goal for nearly one in four is to create a household that is “dual income, no kids.”
a majority of those who do not want children cited enjoying the flexibility of having no kids (86 per cent) or that children cost too much money (83 per cent).
only 52 per cent of generation z said they believe they would be able to have a luxurious lifestyle while having children and a quarter see themselves as living a fulfilling life without them.
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“this generation is noting the responsibility of having a child versus past generations who would try to achieve all life goals simultaneously,” rubyhome founder tony mariotti said in an email. “knowing that life can be fulfilling in other ways besides children is an essential takeaway for younger generations that will soon shape our world.”
the survey found that buying a home is the top way (86 per cent) generation z would like to spend its money in the future. most (87 per cent) said they are interested in owning a home at some point in their lives regardless of whether they want to start a family.
travelling (85 per cent) is the second way generation z would want to spend future hard-earned money. it is also the second (82 per cent) activity believed to be fulfilling with those who want to avoid children, after hobbies (90 per cent).

a separate survey by grand canyon education came up with similar findings. according to the study, having a baby (0.57 per cent) or getting married (0.29 per cent) are the lowest areas of concern for recent u.s. graduates.

instead, young adults with college degrees said they feel the most pressure to have a successful career (30.6 per cent), get their life together (30.4 per cent), and to buy a house (17.4 per cent).
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despite skyrocketing prices, college graduates are not shying away from entering the housing market. as a matter of fact, purchasing a home is the biggest accomplishment for post-graduates.
a majority of graduates said they feel financially comfortable after college. seventy per cent of men and 55 per cent of women said they can pay for their bills and have money left over with their current salaries.
“while gen zers are often considered ‘value-weak,’ many want to invest in their futures – whether they want kids or not,” said mariotti.
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the bank of canada says some canadians could see their mortgage payments jump by 45 per cent in 2025-26 as interest rates rise. “in this context, highly indebted households are especially vulnerable to a loss of income,” the central bank said in its annual financial system review. read on for the full story .

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today’s posthaste was written by noella ovid, with additional reporting from the canadian press, thomson reuters and bloomberg.

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