The cost of a wedding in the UK is the highest it’s ever been. According to wedding planning website Hitched, couples now spend an average of £27,161 on their big day, and it’s a number that seems to continue to spiral year on year.
However, breaking the bank on your nuptials does not necessarily a happy union make. In fact, recent research from financial experts in America has revealed that brides and grooms who spend more on their wedding day are more likely to end up divorced.
Economics professors Andrew Francis-Tan and Hugo M Mialon surveyed 3,000 married couples in the US, and found that the act of spending more money on both the engagement ring and the wedding itself held a clear correlation with couples who ultimately split.
‘Specifically, in the sample of men, spending between $2,000 and $4,000 (£3,000) on an engagement ring is associated with 1.3 times greater hazard of divorce as compared to spending between $500 (£376) and $2,000,’ they explained.
When it came to the wedding itself, ceremonies that cost less than £753 (massively under the UK national average, we might note) reduced the likelihood of divorce, while those who dropped £15,000 or more on the celebration were 1.6 more likely to part ways.
The one area where you can afford to splurge? Your honeymoon – as the professors discovered that embarking on a trip of a lifetime after your wedding was ‘significantly associated with a lower hazard of divorce.’
Slashing your budget is one thing, but earlier this month, a different set of statistics highlighted another, possibly even more depressing indictor that divorce could be on the cards in future – being ‘giddily affectionate’ as newlyweds.
A study published in the Journal of Personality and Social Psychology showed that ‘couples who divorced after seven or more years were almost giddily affectionate, displaying about one-third more affection than did spouses who were later happily married’ – often because they were ‘disillusioned’ about their relationship in the early stages.
So, should we all be instigating cheap weddings and minimal lovey-dovey behaviour from now on? The choice is yours – but the findings certainly make some serious food for thought…