Considering how many extravagant celeb unions end in utter heartbreak (hey, Kim Kardashian!) it probably won’t come as a huge surprise to learn that the more dosh you drop your wedding, the less likely it is to last.
Economics professors Andrew Francis-Tan and Hugo M Mialon surveyed 3,000 married couples and found two factors that increased the likelihood of a relationship ending in disaster: the price of the ring and ceremony.
“Specifically, in the sample of men, spending between $2,000 and $4,000 on an engagement ring is associated with 1.3 times greater hazard of divorce as compared to spending between $500 and $2,000,” they explained.
Similarly, those couples that spent more than $20,000 on the ceremony itself were found to be 1.6 more likely to divorce than those that forked out less than $1,000.
While the exact reason why isn’t clear, we reckon the study makes a pretty good case for keeping your spending in check.
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