According to Harvard researchers, there is evidence pointing to a husband’s lack of full-time work predicting whether or not the marriage will last. While there are numerous reasons that lead to divorce, a husband’s unemployment or lack of full-time work seems to predict divorce above several other factors.
What are the risks?
The study interviewed 6,300 married couples. It concluded that they were at a 32 percent higher risk of a divorce if the husband wasn’t working compared to marriages where the husband was an active contributor financially with full-time employment. The reason for this may be because a man’s sense of identity is tied to being the provider and to his job. If this identity is jeopardized, the long-term health of the marriage could also become jeopardized.
How to prepare for divorce
If you’ve fallen into this situation and are facing divorce, it’s critical to be as prepared as possible. Each of you will need to:
- Gather all financial documents and store them in a safe place to include debts, insurance records, retirement accounts, and other interest accounts
- Take inventory of all marital assets
- Develop an idea of your financial picture and credit standing by speaking to an advisor or accountant
- Open a separate checking and savings account
- Begin severing joint interests in properties with the help of an attorney
Contact an attorney
Some divorces are more complicated than others. You may find yourself in need of a lawyer immediately. If this is the case, you’ll still need to gather financial documents and inventories to bring to your attorney. They’ll help you fill out all the proper documentation and prepare your divorce case.