Single Women Are Wealthier? Not So Fast, Virginia Scholar Says
September 1, 2022
After an article published in Bloomberg claimed that childless single women make more than those with children, University of Virginia Professor Brad Wilcox took to Twitter on Thursday to debunk the piece.
Bloomberg editor Molly Smith wrote an article Wednesday headlined: “Women who stay single and don’t have kids are getting richer.” The piece cited data from the St. Louis Federal Reserve Bank that showed that single woman with children had on average $7,000 in wealth in 2019, while single women without children had accumulated around $65,000. Smith wrote at the time of publication, “for all the ladies who don’t have kids and maybe don’t ever want them, this one’s for you.’
