Data this week: the shocking impact of babies on couples

Posted by on Nov 11, 2014 in Data analysis
Data this week: the shocking impact of babies on couples

Having a second child doesn’t negatively affect a couple’s views about their financial situation. Part of this could be that the biggest change came after the first child and, as the article points out, a second child costs relatively less. But what’s perplexing is that the extra financial burden bothers men less than it does women. Is this because, as women, they’re losing financial power in the relationship, by taking off work, which causes them to be more dependent on their husband and fall behind in their career advancement? Could it be that this explains the fall in women’s happiness in the first chart–that, though they’re relationships are better, its offset by the losses they experience professionally?