smart spending

Marrying for richer rather than poorer

Forget romance, marry for money
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Money can't buy love, but love may bring you money -- if you're married, that is. Though marriage has evolved from a strictly businesslike arrangement to a more romantic union, an official partnership can result in decidedly pragmatic benefits: increased wealth.

A study completed in 2005 by Jay Zagorsky at Ohio State University's Center for Human Resource Research followed subjects for 15 years and found that being married increases an individual's wealth above and beyond that of two single people.

Single study subjects accumulated about $11,000 of wealth after 15 years. People who got married, and stayed married, accumulated about $43,000 in 10 years of marriage.


 

 

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