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EFFECTS OF FINANCIAL STRESS AND ECONOMIC HARDSHIP ON MARRIAGE

16February
2011

A recent study released by the University of Virginia, of the effect the Great Recession had upon marriage and family life, revealed that many couples feel that the economic downturn either deepened their commitment to each other, or at least caused those considering divorce to delay or rethink their decisions.

Over half of Americans who were contemplating divorce put it off as a result of the economy, according to The National Marriage Project’s survey of Marital Generosity. The study reports that this is consistent with other data indicating that the divorce rates have fallen since the Great Recession.
Predictably, those who felt the most stressors from the recession were also the most at risk for divorce. And the couples who were most vulnerable seemed to be those with the least education. Of the group with the highest divorce rate, couples who attend religious services together appeared to be more insulated from divorce than those without a religious commitment.
http://www.virginia.edu/marriageproject/pdfs/NMP-GreatRecession.pdf

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Posted in collaborative divorce, divorce and finance, divorce attorney, marriage, recession |