We always hear about the staggering divorce rates in America and how they are climbing to an all time high. It seems that people just don’t see the benefit of tying the knot and keeping it tied. But instead of thinking about why, let’s shift gears for a minute and think about what happens after a divorce and what it can mean for a household and an economy. To put it plain and simple, married life can pave the way for successful children and a more stable economy, fewer debts and less poverty. However, divorce may be unavoidable at times, we see from the number that it’s much more financially beneficial to stay married.
Comparing both single parent and two-parent households, this infographic gives us a good, concise look on the economics of marriage and divorce. These numbers can also give us statistical insight on who is marrying who, when, and for how long. Take a look at the infographic below; the numbers may surprise you.
Infographic via Payday Loan