According to the Guardian, it seems that it's time to complain about the smart life of singles! Do you know that you, who are not getting married, are dragging down the entire economy! A recent survey conducted by Gallup Consulting on 130000 people found that those who get married spend more. The survey results show that an increase in the number of marriages will benefit the economy.
In the United States, the average daily expenses per person are as follows:
Married person: $102
Co habitants: $98
Divorced person: $74
Single or never married person: $67
Widows: $62
Regardless of age, looking at all groups of people, it is considered that those who are married spend the most. Married Americans spend more than their average per capita consumption, partly because their income is higher than the average. Single people spend less, to some extent because their income level is relatively low. Marriage represents the security of property and an increase in expenses, which are all manifestations of promoting the economy.
Nowadays, those who can afford to get married have the ability to spend money
Of course, it's not that getting married will make you spend more money, but that someone who can afford to get married means they have the ability to consume. Marriage is a luxury item that requires you to invest heavily in someone else, "said Jennifer Silva, a sociologist at the Kennedy School of Political Science at Harvard University. In the United States, an average wedding costs $27000, and marriage also means being financially prepared to take care of another person and working hard to make money to cover family expenses.
Sociologists from Harvard University and the University of Virginia surveyed over 300 working middle-class Americans to determine what kind of financial situation they hope to achieve before marriage. Most people believe that finding a job with income after completing their studies is considered financially stable. The people interviewed are not looking for a casual job, they mostly want an iron rice bowl job with good benefits and retirement benefits.
The marriage rate in the United States has decreased by 60% in 40 years
More and more young people are now moving back to their parents' homes, troubled by the difficulty of finding tuition loans and stable jobs. These two major issues make it difficult for them to be independent and plan their future lives. So it's no wonder they can't hear the wedding bell ring. The Federal Reserve said that in the five years since the beginning of the financial crisis in 2007, the number of new registered residence in the United States has decreased by 800000 every year compared with the previous seven years.
The decrease in marriage rate is no longer new. Since 1970, this trend has been strong and has since become even more intense. In the past 40 years, the marriage rate in the United States has evolved from 76.5 marriages out of 1000 women to only 31 marriages out of 1000 women. This is a 60% decrease!
More and more people tend to cohabit rather than get married
Two people living under the same roof but not getting married, sharing the living expenses and income, cohabiting brings economic benefits to both parties. A survey by the US Department of Health has found that more and more people tend to cohabit rather than get married. In 1995, 34% of women chose to live together. By 2010, 48% of women had made this choice. Nowadays, women are more practical in considering money when deciding to get married than in the past. According to statistics, more and more people are proposing to sign prenuptial agreements, with the majority being women. Marriage is no longer romantic, let's be pragmatic.