Financial status of families with children in Russia 2020
The financial situation of Russian families worsened with the birth of another child in 2020. Above 90 percent of parents were ready to pay for essential medicines, purchase new clothes, and consume meat and fish products regardless of the number of children they had. However, in the case of unplanned expenses, about 55 percent of families with one child had the possibilities to cope with them, while only 44 percent of parents with more than two children could overcome such situations.