Monthly Archives: August 2022
Divorcees Say Their Finances Improved After Divorce
A study conducted by our Canadian friends to the north queried various individuals on their financial situation before and after divorce. The survey found that 74% of respondents said their finances were better or the same as they were prior to the divorce. This is unexpected. Divorce is one of the most disruptive life… Read More »
Study: Raising The Minimum Wage Reduces The Divorce Rate
A new research study indicates that states that raised the minimum wage reduced divorce rates among the working poor. Before you throw out the confetti, you should know that in these same states, poorer couples tended to wait longer to get married, even when marriage was on the horizon. None of this should be… Read More »
Sicker And Poorer: Husbands Leave Wives After Medical Crisis
A recent study seems to indicate that husbands are less likely to stick it out with infirmed wives than wives in a similar position. In other words, divorce rates go up when a wife is presented with a difficult medical diagnosis. According to the study, a wife is 6 times more likely to be… Read More »
Mothers Continue To Lose Earnings Post-Childbirth
A recent study indicates that women who have just given birth to a child still face considerable economic constraint even as their husbands do not. The drop in income cut across all tax brackets, so high-income executive women were also facing income drop offs after childbirth. The COVID pandemic influenced the problem as some… Read More »
Divorce, Pandemic One Factor In Uptick In 50+ Homelessness
The pandemic caused Americans to suffer unprecedented income losses even as costs related to food and housing soared. An individual collecting an $800/month disability check can expect to be priced out of a one-bedroom apartment in every major city across the United States. This has resulted in an uptick in homelessness among those 50… Read More »