Single moms are five times more likely to be poor than married moms

Few institutions in America have evolved over the last 50 years quite like motherhood. More women are having their children later in life. Or they’re doing so in less traditional ways: before marriage, without marriage, or with unmarried partners. Single motherhood has grown so common in America that demographers now believe half of all childrenContinue reading “Single moms are five times more likely to be poor than married moms”

Prenuptial agreements increase likelihood of family business failure

The rule of thumb is that 50% of marriages end in divorce, and the probability is over 75% if you run a family business. The added stress of managing a business and working with in-laws can negatively impact a marriage. Although family businesses lag societal trends due to their conservative values, the number of familyContinue reading “Prenuptial agreements increase likelihood of family business failure”

Growing Number of Adults Have Remarried

In 1960 85% of American adults had been wed at least once; last year just 70% could say the same. Young people are proving particularly reluctant to try: 28% of men aged between 25 and 34 in 2010—and 23% of women—will not yet have tied the knot by 2030, according to estimates from the Pew ResearchContinue reading “Growing Number of Adults Have Remarried”

The Divorce-Proof Marriage

A diamond is forever, but an expensive engagement ring means the marriage might not last that long. According to a new study, spending between $2,000 and $4,000 on an engagement ring is significantly associated with an increase in the risk of divorce according to a new study. The data scientist Randal Olson recently visualized someContinue reading “The Divorce-Proof Marriage”

Wedding insurance in case the bride gets cold feet

JUST as each wedding creates potential business for divorce lawyers, so each engagement gives insurers a chance to drum up business. Future spouses, says Alan Tuvin of Travelers, an insurer, may wish to protect themselves against something going wrong on the wedding day. It is unlikely that your betrothed will scarper on horseback, as JuliaContinue reading “Wedding insurance in case the bride gets cold feet”