Spend Less and Stay Happy

A new study found that couples who spend less on their wedding tend to have longer-lasting marriages than those who splurge. They found a similar correlation between less-expensive engagement rings and lower divorce rates

It could be that the type of couples who have a less extravagant wedding, are the type that are a perfect match for each other.  Or perhaps it could be that having an inexpensive wedding relieves young couples of financial burdens that may strain their marriage which we believe is highly possiblespend less and stay happy

The research was based on a detailed survey completed by 3,151 adults who are, or have been, married. The authors believe theirs is the first academic study to examine the correlation between wedding expenses and the length of marriages

And survey says that the men who spent $2500 to $4500 on an engagement rock were 1.3 times more likely to divorce than the men who paid between $500 and $2,000. Specifically, the study found that women whose wedding cost more than $25,000 divorced at a rate roughly 3.5 times higher than women whose wedding cost between $5,000 and $10,000. And couples who spent $1,000 or less on their big day had a lower than average rate of divorce

Apparently couples should spend freely on everything from invitations and flowers to videographers and Champagne. Couples in Australia spent an average of $35,000 for their big day (as at 2013) a record high according to a survey of 13,000 brides and grooms by recent wedding survey. The wedding industry has long associated lavish weddings with longer-lasting marriages. Advertising gurus often say that spending large amounts on the wedding is a signal of commitment or is necessary for a marriage to be successful which seems to have no real basis than increasing the couple’s budget and stirring more around the economy than creating positive marital outcomes

So are you planning a wedding? In addition to slashing costs, you might want to invite those extra co-workers and long lost cousins, too since another study also found that the greater the number of people who attend a wedding, the lower the rate of divorce

This could be evidence of a community effect, i.e., having more support from friends and family may help the couple to get through the challenges of marriage. Or this could be that the type of couples who have a lot of friends and family are also the type that tends not to divorce as much

Interesting to see how times have changed though, in 1959, it was recommended that couples set aside 2 months to prepare for their wedding and a checklist would have about 22 tasks for them to complete. By the 1990s, it is recommended 12 months of wedding preparation and a checklist with 44 tasks to complete

The current rate of divorce in Australia is 32 per cent, which suggests that not every breakup is about the finances but why put that strain on the start of something beautiful? Spend less and stay happy seems to be a good formula for successful marriage together

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