You know the old joke: “It's cheaper to keep her.” Truer than ever before. Many Americans are living that out right now because of necessity. Thank goodness.
With a tightening economy, a sagging stock market, evaporating jobs, unsellable houses, and halved 401(K)'s, more and more contentious married couples are choosing NOT to divorce than America has seen in decades. Believe it or not, marriage counseling has emerged as growth market. All this is good news. Keeping marriages together may be fiscally prudent but it is also the right thing to do. Not that a lot of warring couples necessarily see it that way.
I have recently met or spoken with couples who are separated but still living in the same house. They cannot stand each other but simply cannot find the money to divorce. For a contested proceeding that goes to court, a couple with at least one child can expect a divorce to cost anywhere from $53,000 to $188,000, according to the Web site Divorce360, which accounted for attorneys’ fees, financial advice, counseling and real-estate costs for buying or renting separate homes.