A week ago, some uncles in the distance asked me when I was going to marry and have children. I laughed uncomfortably and immediately the phrase appeared: “At your age I already had two children, house and car.”
I kept thinking and I answered: “If I wanted to do it at this time, the money would not reach me.”
“But how, if you spend it working?”, Finished one of them.
If you are over 25 years old, you may identify with this conversation.
And it’s true, I have a stable job and I want to be a mother, but definitely what I earn is barely enough to cover my expenses.
The young people who identify with this case are part of a new phenomenon of youth poverty that the organization Caritas Europe has called sinkies.
The term sinkies defines “young couples without children, where both work, but when they combine their salaries, they barely earn the equivalent of a decent single income,” according to Europa Press.
The sinkies are young people who might want to have a family, but they can not afford it because their income is insufficient.
The word comes from the Single Income No Kids concept that signifies unique income without children.
The word sinkies has become popular in Europe and has caused different reactions, some people hate the term because they think that it is only a “cool” way of calling it poverty.
And whether we like the term or not, the important thing is that it names a complex phenomenon not only in Europe, but also in Latin America, where the new generations face a panorama of labor, social and economic insecurity.
Millennials have more difficulties to obtain better income and better jobs than our parents when they were our age, although we are better prepared.
And it’s not invention, it’s not whining: a study by the Credit Suisse bank, cited by notes that “with the ‘baby boomers’ occupying most of the best jobs and a good part of the housing, the millennials are not doing so well as to their parents at the same age, especially in relation to income, home ownership and other dimensions of well-being. “