Spoiler alert: no, it’s not finances!

If you ask most people what the number one cause of divorce is, they will probably reply: finances. This has been a long held belief and while money is certainly a factor in why many marriages end in divorce, it’s actually not the leading cause these days. 

Apparently, more people have caught wise to the Egyptian proverb: If you marry a monkey for his wealth, the money goes, but the monkey remains as is.

A man and woman are sitting on a bench; the woman is looking away with her hand to her head; the man has his head in his hands.

And the monkey, as it turns out, isn’t necessarily even the problem. 

But, the family might be… 

What’s driving divorce in 2024?

You’ve heard the statistics that about half of all first marriages end in divorce and those marriages that follow have even higher failure rates and there are a variety of reasons for this. 

While ‘tis the season for splitting up, new research shows that the leading cause of divorce is a lack of family support, specifically for marriages that end sometime between the second through eight year span. 

In fact, 43% of divorcees polled by Forbes advisor cite lack of family support as the reason for their divorce. 

Curious to know where financial stress fell on the list? 

Finances took the sixth spot, with 24% of respondents blaming this for their divorce. 

Interestingly, this same study cites financial security as the number one reason why people decide to get married. (Love comes in third).

At the end of the day, numbers can only illustrate so much of the personal picture of a couple’s divorce. 

If you’re contemplating ending your marriage or have already made the decision to divorce and unsure of next steps, we invite you to reach out to us and discover what’s involved with getting divorced in NH

Contact us anytime for your free consultation

Categories: Divorce

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