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To wed or not to wed? The financial costs AND benefits of getting married.
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In this episode of Make it Shine - the Money Podcast, hosts Shirley and Monisha explore the costs of being married. They discuss the decline in marriage rates globally and how wealth is giving people more options to choose their lifestyle, including staying single or cohabiting. However, studies show that after a decade of being together, married couples have a net worth that is four times greater than singles. The hosts also talk about the costs of engagement rings and weddings, ranging from a few hundred dollars to millions. The episode provides insights into the financial aspects of marriage and the choices people have in today's society.
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