Putting Off Big Life Moves May Help Finances: Life Happens
February 5, 2020 by Allison Bell
Many people who have put off major life milestones, such as getting married or having children, say those delays have improved their financial security.
Life Happens — a consumer outreach group based in Arlington, Virginia — has posted data on the effects of milestone delays in a summary of results from a survey of 2,000 Americans that was conducted in January.
About 61% of the participants said they had put off one or more traditional life milestones.
Many said they had postponed the milestones for personal reasons, such as insecurity, rather than for financial reasons, according to Life Happens.