A 'dual income, no kids' lifestyle is becoming increasingly popular among couples, and here's how it affects their finances.

While 43% of unmarried American adults desire to get married in the future, only 28% indicated a desire to have a child, according to a 2022 Harris Poll survey.

The growth of the household configuration known as DINKs, or "dual income, no kids," can be attributed to this trend.

The percentage of households with dual-income partners living alone without children has increased by 7% in the past decade, according to Misty L. Heggeness, an associate research scientist at the University of Kansas’ Institute for Policy and Social Research.

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In the Harris Poll survey, over 45% of adults without children and no desire for them in the future cited their financial situation as a reason, while nearly 33% mentioned housing prices as a factor.

Shannon McLay, founder of The Financial Gym, stated that when advising clients about having children, they do not provide them with the full details and numbers, as seeing the math might discourage them from having children.

DINKs can also maximize their financial gains by merging their finances, in addition to cutting out expenses like child care.

Taylor Graves, a 32-year-old project manager in health-care technology, has been living the DINK lifestyle for 10 years. According to her, being able to split their finances and see how they handle their incomes coming in is much more comfortable because they don't have extra finances with a child or anything like that. This allows them to focus more on the things they want to do, save a lot of money for the future, and worry less about the day-to-day finances of the house and their bills.

Discover what it's like to live the DINK lifestyle by watching the video.