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Love & Money: The depressing reason why having kids doesn’t actually make you happier

Kids can bring happiness to their mothers and fathers, but parents need dough before they can delight in those expensive bundles of joy.

Research on life satisfaction statistics largely show children don’t raise your level of happiness — and yet people still keep having kids, and then do it again.

So a recent study delved into the kid conundrum and took into account whether parents had problems paying their bills. Without adjusting for financial woes, children reduced happiness. But when financial hardship wasn’t a factor, having children increased happiness, the study determined.

The findings might not be a big revelation for cash-strapped parents coping with rising day-care bills.

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