Monday, October 29, 2007

More Single Women Than Married Women

According to current census results, for the first time in U.S. history, single women outnumber married women with about 51.5% of the adult women population single. Many think that this is due to women delaying marriage and/or remarriage after a divorce until later on in life. Another hypothesis surrounding the growing population of single women is that it takes longer to become financially secure in today's day and age, and more women want to be financially secure before they enter into marriage. The fact that more women are thinking about being financially independent prior to getting marriage is a wonderful thing, especially because our divorce rate here in America is so high. With the average marriage lasting less than 7 years, its important for women to not only think more about the person whom they are choosing to marriage, but to make smart financial decisions, so if their marriage ends up in divorce, they can have a good financial footing.

To read the article about the rise of single women, see: http://www.theledger.com/article/20071029/NEWS/710290375/1004

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