Survey Reveals Financial Concerns Among Singaporeans Regarding Parenthood

Sunday, 25 August 2024, 22:00

Almost half of Singaporeans are concerned that having children will postpone their financial freedom by 15 years. This survey highlights the financial anxieties faced by many parents in Singapore. The findings indicate a significant shift in perspectives on family planning and economic stability.
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Survey Reveals Financial Concerns Among Singaporeans Regarding Parenthood

Insights into Financial Freedom and Parenthood

A recent survey conducted in Singapore has unveiled alarming trends regarding the financial implications of parenthood. Almost half of the respondents are convinced that having children will delay their ability to achieve financial freedom by as much as 15 years. This perception underscores a growing uncertainty among many residents as they navigate the relationship between family life and economic stability.

Key Findings from the Survey

  • Over two in five participants believe that raising children significantly impacts their financial independence.
  • The perception is driven by rising costs associated with child-rearing in Singapore.
  • Concerns about job security and economic pressures exacerbate these fears.

Furthermore, the survey reflects a broader sentiment of hesitance towards family planning in such a competitive economic landscape, prompting discussions on policy changes that support families.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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