==========Effects of Stepfamilies on Financial Stability==========

=====1. Income=====

Remarriage increases a divorced parent’s family income; though it is still [[effects_of_family_structure_on_income|lower]] than that of the always-intact married family (Chart 1). In the United States during the 1970s, approximately one in five women remarried within a year after a divorce. Remarriage improves the average woman’s post-divorce economic situation.((Greg J. Duncan and Saul D. Hoffman, “A Reconsideration of the Economic Consequences of Marital Dissolution” //Demography// 22, no. 4 (1985): 488)) In Europe, the income of divorced European women who do remarry increases by 26 percent.((Caroline Dewilde and Wilfred Uunk, “Remarriage as a Way to Overcome the Financial Consequences of Divorce– A Test of the Economic Need Hypothesis for European Women,” //European Sociological Review// 24, no. 3 (2008): 403.))

=====2. Net Worth=====

Men who remarry after divorce have 29 percent [[effects_of_family_structure_on_the_economy|less net worth]] than continuously-married men.((Janet Wilmoth and Gregor Koso, “Does Marital History Matter? Marital Status and Wealth Outcomes among Preretirement Adults,” //Journal of Marriage and Family// 64, no. 1 (2002): 261.)) Though remarriage after divorce brings an increase in household net worth, many remarried spouses choose to keep money in separate accounts rather than pooling all their resources, indicating some fall-out from their earlier experience of divorce.((Judith Treas, “Money in the Bank: Transaction Costs and the Economic Organization of Marriage,” //American Sociological Review// 58, no. 5 (1993): 732.
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This entry draws heavily from [[http://marri.us/research/research-papers/marriage-and-economic-well-being-the-economy-of-the-family-rises-or-falls-with-marriage/|Marriage and Economic Well Being: The Economy Rises or Falls with Marriage]].))

{{ :effects_of_stepfamilies_on_financial_stability_chart_1.png?direct&500 |Median Income of Households with Children by Family Structure}}