Who Earns More in Your Marriage?

{ Posted on Nov 12 2009 by admin }
Categories : Free Money Finance

Here’s a piece from MSNBC that says women are increasingly earning more than their husbands. A few of the stats they share:

  • In 2007, 25.9 percent of wives were earning more than their husbands in households where both spouses work, according to the most recent data available from the Bureau of Labor Statistics. That’s up from 17.8 percent two decades earlier.
  • Among all married couples, including those where the husband isn’t necessarily working, 33.5 percent of women were making more than their husbands, according to the 2007 data.
  • The recession has likely exacerbated the trend; nearly three-quarters of the approximately 7 million people who have lost jobs in this recession have been men. The unemployment rate for adult men stood at 10.3 percent in September, compared with 7.8 percent for women.
  • 65.3 percent of women and 61.2 percent of men strongly agreed with the idea that they are comfortable with women earning more than men in a household.

I’m surprised it’s that high — one-third of women make more than their husbands. Will probably be half of women within the next couple of decades.

So, this information makes me want to ask:

Who earns more in your marriage? Do you have any problems with this arrangement? (no matter who earns more)

Currently, I earn more in our marriage since my wife is home with the kids. But early on in our marriage we were fairly close in salary — I was $20k or so ahead of her but we both had great careers. But we always planned on her being home once we had kids, and we planned accordingly for it — living on my salary only. It’s been a great arrangement and so far has worked out perfectly.

Now, my plan is that once the kids go off to college, my wife can start her career again and I can retire early! (Just checking to see if you’re reading, honey!) :-)

The end of the piece has some information about Michigan Governor Jennifer Granholm who is married to a stay-at-home husband. I couldn’t resist this quote:

“He’s actually better at parenting than — than I am,” she said.

My guess is that he’d be a better governor too (no, nit because she’s a woman, because she’s a buffoon killing our state) — but that’s for a different post. Thank God for term limits…


Related posts:

  1. Marriage and Wealth Hello ther
  2. Financial Questions to Discuss Before Marriage Hello ther
  3. Are Women Saving and Investing Enough? Hello ther
  4. Handling Money and Marriage Issues Hello ther
  5. CVS: Green Bag Tag Earns You ECBs Hello ther

Related posts brought to you by Yet Another Related Posts Plugin.

Post a Comment