The Sequence to Success

If you stop and think about this for just a moment and not have a knee jerk reaction this concept makes tons of sense.

Brookings scholars Ron Haskins and Isabel Sawhill call it the “success sequence”: getting at least a high-school diploma, working, and then marrying before having children—again, in that order.

And here is some of what they found.

We found that at ages 28 to 34, 53% of millennials who had failed to complete all three steps were poor. The poverty rate dropped to 31% among millennials who completed high school, 16% among those who had a diploma and a full-time job, and 3% for millennials who also put marriage before the baby carriage. Among childless and unmarried millennials 28 to 34 who followed the education and work steps, the poverty rate was 8%.

Seems sometimes the traditional path is the best one.

From the Wall Street Journal