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Relationship Discussion (non-explicit)
Reply to "Are there ramifications for being a SAHM?"
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[quote=Anonymous][quote=Anonymous][b]With 40-50% of marriages ending in divorc[/b]e financial security is a huge issue for a SAHM. You need to get very involved with your family finances and goal setting. You need to know where the money is and how it’s invested. Make sure to have a high family savings rate to build your net worth well beyond the equity value in your home. [/quote] The divorce rate actually varies a lot by education level and age at marriage. The divorce rate for college grads is 25%, goes down if you marry later and is lower among people with advanced degrees. Yes, you need to consider your financial security -- maintain job ties, good life insurance, post-nup -- but it's not accurate to say that all marriages have basically a 50/50 shot of survival so anyone who trusts their husband is deluded. When I look around at the many couples I've known since my late 20s/early 30s (we're now mid-50s) there are only a handful who have divorced. [/quote]
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