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Wednesday, September 26, 2018
While marriage rates in the United States are down right now, and have been declining for a while, it is still an incredibly popular institution with about 31 marriages for every 1,000 unmarried women.
So what exactly are we getting ourselves into?
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Today's Random Fact:
In the United States, over 50 percent of first marriages end in divorce, 67 percent of second marriages end in divorce, and nearly 74 percent of third marriages end in divorce.
Birth order can influence whether a marriage succeeds or fails. The most successful marriages are those where the oldest sister of brothers marries the youngest brother of sisters. Two firstborns, however, tend to be more aggressive and can create higher levels of tension. The highest divorce rates are when an only child marries another only child.
Compared to singles, married people accumulate about four times more savings and assets. Those who divorced had assets 77 percent lower than singles.
The cost of an average wedding is about $20,000. The cost of an average divorce is about $20,000.