Econ4U.org » marriage http://econ4u.org/blog Fri, 27 Jan 2012 22:46:20 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Holding Off on Marriage, Divorce During Recession http://econ4u.org/blog/2009/07/09/holding-off-on-marriage-divorce-during-recession/ http://econ4u.org/blog/2009/07/09/holding-off-on-marriage-divorce-during-recession/#comments Thu, 09 Jul 2009 21:53:23 +0000 Classroom Carla http://econ4u.org/blog/?p=935 There are increasing reports that some couples are putting off marriage and having kids until the economy improves. Though strained finances and a bad economy can break some families apart, 4 percent of people surveyed say despite being unhappily married, they are holding off on divorce because of the economy. The survey–conducted by FindLaw.com–also found that thirty-seven percent of people between 18 and 34 said they were postponing marriage, divorce, or children. Thirty-five percent of those with less than $35,000 in yearly household income said they were putting off a big decision.

As the New York Daily News reports, “Divorce is out of the question for couples who can’t afford to split their assets during the recession.”

Economic decisions are bound to be harder to make when emotions are involved. But it looks like, for now, many who are pondering major life decisions are putting aside their feelings and going by the numbers.

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