Connect with us

Hi, what are you looking for?

Personal Finance

Wedding Spending And Divorce Rates

AdobeStock 40283365
AdobeStock 40283365

If you want to have a lasting marriage, plan to be rich and have a cheap wedding.

The study

A 2014 survey compared the weddings and divorce rates for 3,151 people, showing that expensive weddings don’t really ensure that “death do you part.”

In 2016 the average wedding cost $35,329, but spending more than $20,000 makes couples 46 percent more likely to get divorced than people who spend less than $1,000.

The survey looked at how long couples dated, how much money they collectively made, how often they went to church, their attitudes towards each other, how many people attended their wedding, how much they spent on the wedding and if they went on a honeymoon.

How you can best reduce your chances of getting divorced:

The first step is not to look wealthy or important. Next, date someone — who also doesn’t look wealthy or important — for at least three years. Make sure you collectively make more than $125,000. Go to church with them regularly. When they finally propose, make sure the engagement ring costs less than $2,000. Invite over 200 people to your wedding, and spend less than $1,000 on it. Then go on your honeymoon.

Sounds easy, right?

Obviously, that scenario is nearly impossible. Having 200 people at a wedding that costs less than $1,000 gives you a maximum budget of $5 per person, which makes things pretty difficult. And especially if you have the ideal income of $125,000, it seems kind of silly to spend that little on your wedding.

Though the study can seem impractical, it does bring up some interesting points.

Results

The study shows that couples who have dated for three years or more are 39 percent less likely to get divorced than couples who have dated for less than one year. Couples who invite over 200 people are also 92 percent less likely to get a divorce than those who elope.

These comparisons are intriguing because they have to do with how well you know your spouse, and how integrated you are into each other’s lives. If you marry someone who you just met, and you decide to marry them without any family or friends around, you’re more likely to get a divorce.

According to the study, the amount of money you make also affects divorce rates. Couples who make more than $125,000 are 51 percent less likely to get divorced than couples who make less than $25,000.

Though it’s better to have a higher income, that doesn’t mean it’s better to have an expensive wedding. The less you spend on a wedding, the less likely you are to get divorced. Similarly, an engagement ring that costs between $2,000 and $4,000 puts couples at an increased risk of divorce. These findings suggest that being financially comfortable is important, but flaunting that money doesn’t help your marital happiness.

When it comes to appearance, the study said that women are 1.6 times more likely to get divorced if they care more about whether their partner looks wealthy, and men are 1.5 times more likely to get divorced if they care a lot about how their partner’s looks.

Takeaway

Though it’s fun to read about, and possibly true in some respects, the study isn’t a guide to not get divorced. Correlation doesn’t always mean causation, and these things could’ve just been coincidental.

Maybe you’ll elope, spend thousands on an engagement ring and have the best marriage this world has ever seen. Do your thing.

Have something to add to this story? Comment below or join the discussion on Facebook.

Header image: Adobe Stock

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

economy

In the early 2000s, I remember watching a game show, and the grand prize was a million dollars. I thought to myself, “Wow, that’s...

economy

When starting college and choosing a major, it’s important to know which college degrees will make you the most money. Since last year’s quarantine,...

2016 president election

In a political climate dominated by a two-party system, Libertarians are constantly confused as off-brand Republicans. Although the two groups sometimes align on issues,...

Business

What is the gap between culture and technology? According to Damas, entertainers have passions that brands and companies may not be aware of, and...

Copyright © 2020-2021 GenBiz. GenBiz is owned and operated by owned by the Foundation for American Content and Entertainment, a 501(c)(3) non-profit organization.