Sunday, October 8, 2017

Can you afford to get married? In the US, it's increasingly the privilege of the rich

From The Guardian-

At 35, Mark Biddiscombe thinks it’s time he finally got married. “I have a woman, I have a kid, I want to do it. I wanted to before we had our son,” he said.

But he has a problem that increasing numbers of his generation encounter: he can’t afford it. Biddiscombe, a construction worker, is part of the changing face of marriage in the US.

In 1960, three-quarters of American adults were married. Today, just half are. Some are getting hitched later, but the share of those who never do has been rising steadily in recent decades, and research increasingly suggests money worries are a factor driving this trend. Nearly half of never-married adults with incomes under $30,000 say being financially insecure is a major reason.

More here-

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