Saturday, January 10, 2015
An Ounce of Prevention: 'Marry the Man. Not the Wedding.'
This one is going to be short 'n sweet. I have believed for a long time, "the smaller the wedding, the longer the marriage". I'm not saying that this applies to every marriage. I'm just saying that people need to think about their *true motives* leading up to their wedding.
Do you want to spend thousands on a venue or save some for your mortgage?
Do you want to feed hundreds a full-course meal or have food in your own fridge?
Do you want a million-dollar wedding or a really nice honeymoon and life to follow?
Along these lines, I was going to wait to share an article that I read on NPR about this very issue later; however, being that I sense that some of y'all are getting geared up for marriage in 2015, I figured the time is now. You can click here to read all of the article. For now, here are the bullet points:
Francis and Mialon surveyed more than 3,000 people — all of whom have been married just once — and found that across income levels, the more you dish out on the Big Day, the shorter the marriage.
Guys investing between $2,000 and $4,000 on an engagement ring were 1.3 times more likely to get divorced compared with the more frugal fellows who only allocate between $500 and $2,000. (That said, odds are even better for guys who can drop more than $8,000, possibly because divorce also decreases with higher incomes.)
For both sexes, spending more than $20,000 on the wedding ups the odds of divorce by 3.5 times compared with couples who keep it between $5,000 and $10,000.
For the best odds, though, keep the festivities to less than $1,000.
Bet that engagement ring one threw some of y'all for a loop (LOL). Hey, do what you want but I hope that you'll keep these pearls of wisdom in the back of your mind. As the old song says "Money can't buy you love". Oh, but it can pay the bills. Weddings are a public celebration of love, but they're only for a day. Keep some money for the rest of your lives together. Real talk.