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Does marriage increase financial stability? My personal bias says yes but I may be incorrect on that.
by castlecrasher2 7y ago
Does marriage increase financial stability? My personal bias says yes but I may be incorrect on that.
- JMTQp8lwXL 7y agoIt doesn't increase financial stability, it's a sign that you've achieved it. Though, a married man may seem more hirable to a company, since they can presume he needs the income to support not only himself, but his family.
- chickenpotpie 7y agoI don't see why marriage doesn't increase financial stability. Marriage is basically getting an incredibly efficient roommate. A spouse is a roommate that is fine with sharing a bedroom, a bathroom, can give you insurance, lower your taxes, etc.
- abledon 7y agoand each day a RNG fires off from 1->10000 and if it hits in the target range, you lose half your assets lol
- UnFleshedOne 7y agoJust make sure you marry somebody with more assets than yourself, then this is not a problem.
- anon9001 7y agoA pre-nup costs a few grand, just do that if you're concerned.
- Mountain_Skies 7y agoAccording to Elizabeth Warren's book "The Two Income Trap", two income households are less financially stable because you've doubled the odds that someone in the household will become unemployed. Unless you live on one income and bank the other, having a lifestyle that depends on two incomes is less stable than depending on just one income. Of course, you don't have to be married to be a two income household and spouses who don't work outside the home exist but the default for married coupled does seem to be both work fulltime, which is financially less stable than having just one spouse working.
- benhurmarcel 7y agoI don't understand how that makes sense. It doubles the probability of one person losing his job, but it halves the consequences of it. It makes the probability of losing all income a lot lower.