While planning your marriage and your shared life in Louisiana with your soon-to-be-spouse, the last thing on your mind is a divorce. Unfortunately, that lack of foresight could be what shatters your relationship. That, and spending too much on your wedding.
PBS News Hour explores a study on the link between the cost of a wedding and the chances of divorcing. See if you and your fiancé may want to consider adjusting your wedding budget.
The study, conducted by Emory University in 2014, involved roughly 3,000 couples who had married only once. The findings revealed that spending an excess of $20,000 on a wedding increases the odds of divorce by 3.5 times, at least in comparison to a wedding that cost between $5,000 and $10,000. Going a step further, Emory University’s study also showed that spending anywhere between $2,000 and $4,000 on an engagement ring could boost the risk of divorce by 1.3 times, compared to keeping the cost of the ring hovering between $500 and $2,000.
The reason for the findings
So, what is the reason behind these results? One reason could be that starting a marriage deep in debt can send cracks through the next level of a relationship before it has time to settle. But that does not apply to every instance. Something else to consider is that couples may put more time, attention and energy into the wedding or engagement rather than the marriage and the commitment it represents.
This information is only intended to educate and should not be interpreted as legal advice.