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Old 02-12-2005, 12:51 PM
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Default A Happy Marriage Is Worth $100K

The results are out. A happy marriage is worth about $100,000 a year according to economists David Blanchflower and Andrew Oswald.

More and more research is concluding that most of us are readily able to adapt to our economic success and when we do so, we simply adjust to wanting higher class of goods and services. This adjustment tends to take place no matter what the current economic level may be. Marriage, on the other hand, gives people the qualities that bring happiness continually over time. While researches understand that these effects are taking place in regard to marriage and money, they still don't understand why this is.




Blanchflower and Oswald believe that those who are married have receive "basic insurance against adverse life events and allows gains from economies of scale and specialization within the family."

Economists have also found that those who end their marriage lose all benefit of the happiness that it once provided with a little extra to boot. Those who divorce are considerably less happy than their married friend as well as those that have ever married in the first place.
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