When my grandparents got older, they moved in with my mom. Then, after my grandpa passed away and my grandma needed to go to medical appointments or hair appointments, my mom or one of her other children drove her. Though American families increasingly live further from one another, there are usually one or two children who live nearby to help their parents in their old age. … [Read more...] about Do DINKs Need a Larger Retirement Fund Than Their Peers?
People enter the DINKS lifestyle for different reasons. The most common reasons are that they don’t want children, can’t afford children, or can’t have children. However, while those reasons may comprise most DINKS couples in the United States, there are other, more nuanced reasons why couples choose to be DINKS. … [Read more...] about More Reasons Why DINKS Choose Not to Have Kids
As DINKS, you may find yourself in a better financial position than many of your friends and family. After all, you have no children, which can be a huge money saver. The USDA estimates that “a family will spend approximately $12,980 annually per child in a middle-income ($59,200-$107,400), two-child, married-couple family.” In addition to not having children, you will also … [Read more...] about 3 Financial Mistakes DINKS Make
The perfect DINK formula is a couple with two incomes and no children. These couples may remain DINKs forever, or being DINKs may just be a stop on the way to having children. There are general assumptions about DINKs, so for fun, we created this DINK cliche test. Are you a perfect DINK according to the test? … [Read more...] about Are You a DINK Cliche? Take the Test.
Couples choosing the DINKs way of life is becoming more and more common. There are quite a few reasons why those may choose the path or the path may choose them, but before diving in too deep, let's take a look at what the DINKs path really is and then dive into the most common reasons why couples choose the DINKs path. … [Read more...] about Common Reasons Why Couples Choose the DINKs Path
Are you an avid follower of this blog or perhaps you stumbled upon it, you understand what the term DINKs means (dual income, no kids) but have you really ever thought of the benefits of it or if you could pounce on this opportunity? In this article, we are going to look at DINKs further and the potential it holds. … [Read more...] about What is DINKS and Is It For You?
Shacking up with a partner or getting married can set you up for a comfy living; but if you get used to that lifestyle and then one of you loses your job or wants to make a career change, then you have to make some changes, fast. Here's how to prepare for your transition from dual to a single income. … [Read more...] about How to Prepare for the Transition from Dual to Single Income