debt

At the height of attending my friends' baby showers, more than one feminist writer urged me to forego having children. Remaining childless is tempting in a world where the costs of raising kids and taking time off to help raise them are getting higher and higher.

Although dour, USA Today's stats-heavy piece on Gen Y's financial woes isn't anything we haven't heard before. We're the first generation in a century likely to end up monetarily worse off than our parents. Student debt load has increased 24% since 2004. 37% of 18-29 year-olds are underemployed or unemployed. And the beat goes on and on.


Photo by stuartpilbrow