In Marriage, Money Happy Returns

By Tony Perkins
August 20, 2013

Getting married not only enriches societies--but stable families too! Hello, I'm Tony Perkins of the Family Research Council in Washington, D.C. When couples tie the knot a new study says it's for richer--not for poorer. Based on the latest statistics, couples who get married and stay married can accumulate four times the wealth of those who stay single or get divorced. The economic advantages, says Ohio State's Jay Zagorsky, are greater for couples who marry--not just the ones who live together. "Getting married and staying happily married is a wonderful way to increase your wealth," Jay said. "[But] getting married with the idea that it will make you rich is a terrible idea." Still, he points out, staying with your spouse is a good way to avoid financial pitfalls. People who get divorced saw their wealth fall dramatically, leaving them worse off than those who were single and had never married. And just think--money is just one reason to get married.

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