Marriage Rates Keep Falling, as Money Concerns Rise

At the same time, 78 percent of never-married women say that a mate with a steady job would be very important to them, more than any other quality in choosing a spouse. Pew analyzed the pool of employed, unmarried men, compared with all unmarried women. There are 65 employed men for every 100 women.

.. Though marriage was once a steppingstone to economic stability, young adults now see financial stability as a prerequisite for marriage. More than a quarter of those who say they want to marry someday say they haven’t yet because they are not financially prepared, according to Pew.

“If you go back a generation or two, couples would literally take the plunge together and build up their finances and nest eggs together,” said Kim Parker, director of social trends research at Pew. “Now it seems to be this attitude among young adults to build up households before they get married.”

 In other words, marriage has gone from being a way that people pulled their lives together to something they agree to once they have already done that independently.

 

The Decisive Marriage: Big Weddings

In the study, having a big wedding also was related to a stronger marriage. Not everyone can afford a large wedding, of course, but the finding held even after the researchers controlled for differences in income.

It may be that couples who plan big weddings have more family support and friendships, both of which are good for a marriage. But the discussions and decision-making that go into planning such a large event also may be a sign that the couple has made conscious decisions about the relationship.

The Luxury of Waiting for Marriage to Have Kids

For people who don’t have a college degree, having a child in wedlock has become the exception, not the rule. According to a new analysis presented at the Population Association of America, among parents aged 26 to 31 who didn’t graduate from college, 74 percent of the mothers and 70 percent of the fathers had at least one child outside of marriage. Even among mothers who had high school degrees or some college but no B.A., the majority of births occur among moms who are either single or cohabiting.

.. One reason less-educated women are having children out of wedlock is that college-educated men are not interested in marrying them.

..  Meanwhile, the less-educated women “don’t see the possibility of finding partners with good incomes. And many are unwilling to give up the opportunity to have a kid by waiting.”

How to Save Marriage in America

The glue for these marriages is not sex, nor religion, nor money. It is a joint commitment to high-investment parenting—not hippy marriages, but “HIP” marriages. And America needs more of them. Right now, these marriages are concentrated at the top of the social ladder, but they offer the best—perhaps the only—hope for saving the institution.