Post Date December, 03 2023
According to the Guardian, it seems that it's time to complain about the smart life of singles! Do you know that you are dragging down the whole economy if you don't marry! A recent survey of 130000 people by Gallup Consulting found that married people spend more. The survey results show that the increase in the number of married people will benefit the economy.
In the United States, the average cost per person per day is as follows:
Married people: $102
Cohabitants: $98
Divorced people: 74 dollars
Single or never married: $67
Widows: $62
Regardless of age, people who are married spend the most. Married Americans spend more than the average American per capita, partly because their income is higher than the average. Single people spend less, in part because their income level is relatively low. Marriage means that property is guaranteed and expenses are increasing, which are all manifestations of promoting the economy.
These days, those who can afford to marry have the ability to consume
Of course, it is not that getting married will make you spend more money, but that the person who can afford to marry means that he has the ability to consume. "Marriage is a luxury that requires you to pay a great price to invest in another person," said Jennifer Silva, a sociologist at the Kennedy School of Political Science at Harvard University. In the United States, the average cost of a wedding is 27000 dollars. In addition, marriage also means being financially prepared to take care of another person and making money to bear family expenses.
Sociologists from Harvard University and the University of Virginia surveyed more than 300 working middle classes in the United States and asked them to determine what kind of financial situation they hoped to achieve before marriage. Most people think that after completing their studies, they can find a job and earn money, which means they are financially stable. But the interviewees don't want a casual job. Most of them want an iron rice bowl job with good benefits for retirement.
The marriage rate in the United States has dropped by 60% in 40 years
More and more young people are now moving back to their parents' homes. They are troubled by the difficulty of finding tuition loans and stable jobs. These two major events make them unable to be independent and difficult to plan their future life. 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 decline in the marriage rate is nothing new. Since 1970, the trend has become stronger and stronger. In the past 40 years, the marriage rate in the United States has evolved from 76.5 marriages in 1000 women to only 31 marriages in 1000 women. This is a 60% drop!
More and more people tend to cohabit rather than marry
Two people live under the same roof but do not marry. The living expenses are shared equally and the income is shared. Cohabitation brings economic benefits to both parties. The US Department of Health survey found that more and more people tend to cohabit rather than marry. In 1995, 34% of women chose to cohabit. By 2010, 48% of women had made this choice. Today's women, when deciding to marry, are more realistic about money than in the past. According to statistics, more and more people propose to sign prenuptial agreements, of which women account for the majority. Marriage is no longer romantic. It's better to be pragmatic.
