Smock discusses why married people tend to be wealthier
"Why married people tend to be wealthier: It's complicated" - NBC Today.com. 2/13/2013.
Pamela Smock says sharing responsibilities, as well as expenses, may give married people a financial advantage over single people. For instance, an uneven distribution of household duties may allow one partner more time to devote to career development. Smock says that the demographics of who marries also has a role, with less financially secure people tending to wait to get married until they feel more stable in that regard.