Joseph CordellGuys need to recognize that marriage is the most important financial decision they will make in their lives, and the second most important financial decision is deciding to get a divorce, Cordell & Cordell co-founder Joseph Cordell said on “The McGraw Show” on KTRS Radio in St. Louis.

Cordell was invited on the show by host McGraw Milhaven to discuss why both marriage rates and divorce rates are down.

“The economy is certainly affecting the number of people getting divorced,” Cordell said. “Many divorces are entirely discretionary purchases. In other words it’s not that they can’t co-exist but one of the parties sees a better deal coming along. In my experience, it’s typically women in their 30s who are looking to trade up and they are the ones who initiate divorces.”

Listen to the full interview below:

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