The under-40s are delaying their lives due to a lack of money – with some being forced to make tough life decisions.
For millennial couple Ellie and John from Kent, both 37, their decision to not have a third childwas dictated partly by finances.
Both Ellie, one of three, and John, one of five, came from large families, and Ellie said she always envisioned them having at least three children. After conceiving their two daughters, now aged 5 and 7, through IVF, the couple have decided it is too expensive for them to continue growing their family.
The cost of IVF was not the only setback. The increasing costs of having a third child incurredrange from needing a bigger car to holidays becoming “obscenely expensive”.
Despite living a six-figure household income, Ellie also said that her working a full time job would leave the family financially worse off, due to the high cost of childcare.
