- Millennials are being strategic when it comes to love, and it's changing marriage .
- Millennials fear getting divorced and are financially burdened, so they're marrying later in life as they take time to get to know their partner, accumulate assets, and become financially successful.
- But some millennials aren't getting married at all and it's causing the marriage rate to decline.
- Visit BusinessInsider.com for more stories .
7 ways millennials are changing marriage, from signing prenups to staying together longer than past generations
Uriel Sinai/Getty Images
Recommended articles
Marriage is getting a generational facelift.
The reasons are many.
Often the children of divorce themselves, millennials fear going through a divorce themselves. So, they're being strategic when it comes to love. They're taking more time to find the right partner, cohabitating before legally committing, and signing prenups to protect their assets. As a result, they're bringing the divorce rate down.
Millennials are also delaying marriage for economic reasons burdened with financial struggles like debt, they want to become financially successful first. And because more couples are coming together from different cultural or religious backgrounds, they're more likely to pay for multiple ceremonies.
But that's for those millennials who do marry the generation is also bringing the marriage rate down.
From love to weddings, see how millennials are evolving marriage.
See Also:
- 2019 is the final class of millennial college graduates. Next stop: The Great American Affordability Crisis.
- Before he was a billionaire, WeWork CEO Adam Neumann was broke. Here's the NYC building where he and his wife lived in a tiny apartment before he built a $47 billion company
- Millennials have less money than any other generation did at their age but you'd never guess it from the way they're flaunting their money on dating apps
SEE ALSO: Couples are dropping up to $100,000 on multiple wedding ceremonies and that's just one way they're breaking marriage traditions
DON'T MISS: Why are millennials abandoning divorce? Sex, money, and their parents