(Closed) News story: Married people tend to be wealthier

• BelliniChic
• 5 years ago

I saw this story on MSNBC this morning and thought of the Bees. 

http://lifeinc.today.com/_news/2013/02/13/16950338-why-married-people-tend-to-be-wealthier-its-complicated?lite

Among the reasons listed in the article:

• Those who get married tend to be more educated/affluent in the first place, thus they have higher earning power.

• Sharing of expenses. Married couples save money over the course of a lifetime by combining health insurance expenses, buying one dishwasher instead of two, etc.

• Financial responsibilities can be divided in a beneficial way. For example, a married man may be able to work 12 hours a day to please his bosses and get promoted, because he and his wife can divide household duties so he can get ahead. (Not as much of an option for a single parent.)

One research scientist quoted in the article took it a step further and said that the economic advantages are greater for those who are married than for those who are just living together as a trial…. because they aren’t committed to marriage (yet), they aren’t combining resources as significantly as married couples.

Interesting fodder, just thought I’d pass it along. Would love to hear thoughts and opinions.