Couples who get married have twice the household wealth of those who just live together. Why?
Married are more likely to pool their wealth and more likely to trust each other.
I also wonder if those who get officially married get benefits from taking the final plunge. Wedding gifts that can include down payments on a home.
My parents chose to have a small family wedding, so my mom's grandfather gave them the extra money they had been saving for a big wedding.
Thomas Sowell: There are no solutions, just trade-offs.
