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Scenario:
The marriage might have suited your parents or your grandparents. But what value does it have today? Isn't it, as more and more young people seem to say: "Just a piece of paper?" » Well, it turns out that this piece of paper might be the most valuable thing you'll ever own.
Take the case of Doug Taulbee. At 18, Taulbee was working minimum wage, operating a press at a factory in Indiana, and living in his parents' basement. “I didn’t have a care in the world,” Taulbee says. “I didn’t even have any bills.”
But after getting married at 19 and having children, Taulbee's perspective changed: "I had to step up and think about other people and start taking care of them." » Taulbee left his factory job and joined the army, where he made much more money and received army-paid housing and health care.
Whenever he saw an opportunity for promotion, he looked for it. This meant more money and benefits for him and his family. Recently, in an effort to further increase his family's income, he left the military to work as a financial manager at a car dealership. He now pulls in six figures.
Men who see no need to marry, or who are reluctant to marry until they earn more money, could benefit from Taulbee's discovery: marriage has a transformative effect on behavior, emotional health and financial well-being of adults, particularly men.
Men who marry work harder and more strategically, and earn more money than their single peers from similar backgrounds. Marriage also transforms the social world of men; they spend less time with friends and more time with family. They go to bars less and more to church. In the words of Nobel Prize-winning economist George Akerlof, men “settle down when they get married; if they fail to marry, they fail to settle down.
My own research supports Akerlof's view. Married men work approximately 400 hours more per year than single men of equivalent background. A Harvard study also found that married men were much less likely than their single peers to leave their current job unless they got another one.
All of this translates into a substantial marriage bonus. On average, married men earn nearly 20% more than their single peers. This was even after accounting for differences in education, race, ethnicity, and other contextual factors. You can read more about this in my study “For Richer, For Poorer: How the Family Structures Economic Success in America.”
Why is there such a large marriage bonus? There are at least four important reasons.
First: after marriage, men assume a new identity. Marriage is one of the last “rites of passage to manhood” remaining in our society, says sociologist Steven Nock. He discovered that marriage engenders an ethic of responsibility in men, as well as a new sense of meaning and status in the world.
Second: Married men are motivated to maximize their income. This means having a different attitude towards their work. They work more hours and make better choices about work. Studies reveal that men increase their work hours after marriage and reduce them after divorce. Sociologist Elizabeth Gorman concludes that married men are more likely to value higher-paying jobs than their single peers.
Third: There is evidence that employers prefer and favor married men. Married men are often seen as more responsible and dedicated workers and are rewarded with more opportunities for advancement.
Fourth and finally, married men benefit from the advice and encouragement of their wives, who have a clear interest in their success. There is no better motivator than your spouse.
For the full script, visit https://www.prageru.com/video/is-marriage-good-for-men
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