Reality Check: You CAN Afford to Start a Family | Money Moves with Jill Schlesinger
Summary
Many young adults feel that having children is too expensive and worry they cannot afford to start a family soon. Financial expert Jill Schlesinger and guest Kayla Sabbagh explain why, despite these concerns, raising children today can be more manageable than people think.Key Facts
- Most Gen Z and millennials say the cost of raising children seems too high.
- Many young people do not believe they can start a family within the next five years.
- Jill Schlesinger offers advice to help people overcome fear about the financial challenges of having kids.
- Kayla Sabbagh from Greenspring Advisors co-hosted and shared insights during the discussion.
- They explain how current economic conditions may allow more people to afford children than commonly believed.
- A 23-year-old caller named Brianna, still living with her parents, asked for personal financial guidance.
- The program was part of CBS News’ Reality Check series on financial topics.
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