When is financial commitment Start?

Statistics are just numbers, until they reached the house with a personal story, right? I read a recent Pew report said marriages in the United States are on the decline. Barely half of adults, 51% Äîjust, AIARE married, and those who marry do so later. Then I started thinking about the drop in sales of life insurance, and I began to wonder if there was a link.

Here, AOS how it gets personal. My son is 30 years old. At his age, I and most of my friends are married; some of us had children as well. But my son took things in a different order, which is common today. He bought a house (a large, responsible thing to do) and his girlfriend long has now moved in with him. They are a family unit in all directions, but the married legal kind.

They took the responsibility of taking care of a house and the merger of two lives. But without this legal commitment, is it really a commitment, financial Äîor at least a mindset of financial commitment?

I think in many cases, including my sound, AOS, the answer is no. Of course, they are committed to the relationship, but if Äúlife happens at? What if something were to happen to my son (God forbid!)? Where it let his girlfriend financially? My husband and I are now the beneficiaries of his life insurance policy. The house he bought in his name. This means the proceeds of life insurance suits us and his house being sold to pay the mortgage, his girlfriend could be left without a place to live. Of course, it would never be my sound, AOS intention. But That, AOS item. We don, AOT for bad things happen, but sometimes our inaction causes.

For my son, it could be as simple as changing the beneficiary of his life insurance policy. But for many other young couples, this means sitting, ask the tough questions and get coverage for life insurance they need.

There are no moral connotation (or shades) to the position. My son and his girlfriend are happy, making her parents happy. This isn, AOT on the marriage itself, but marriage is one of the triggers to get life insurance (as it is to have children, find a new job, etc.). If marriage is not here, so couples need to wake up to the reality of their commitment and assure their love with life insurance

The new question is:.? When does our financial commitment

Tell us: When the financial commitment did it start for you