Why Wealthy People Are Less Likely to Divorce
October 23, 2024
Divorce rates have long been a subject of social debate, with various factors contributing to the rise or fall in the dissolution of marriages. One recurring observation is that wealthier couples tend to stay married longer and are less likely to divorce compared to those with lower incomes. While this pattern cannot be explained by financial security alone, the correlation between wealth and lower divorce rates is undeniable. In this article, I explore the key reasons why rich people are less likely to divorce, focussing on financial stability, lifestyle choices, and the psychological dynamics unique to affluent relationships.
1. Financial Stability Reduces Marital Strain
Financial stress is one of the most commonly cited reasons for divorce. A study by the Institute for Family Studies found that couples earning less than £35,000 annually are 30% more likely to divorce than couples making over £50,000 per year . Lower-income households often struggle with debt, job insecurity, and day-to-day financial stress, all of which can strain a marriage. In contrast, wealthier couples typically have more disposable income and can afford luxuries, such as financial planning services, which help avoid financial disputes.
