Trying to cheat the system may not work for couples either; those who spent $500 or less on an engagement ring experienced higher rates of divorce, too.
The professors claim in their work that in 2014, wedding industry revenues are projected to exceed $50 billion in America. According to wedding site TheKnot, the average American wedding cost is $29,858.
"In 1959, Bride's recommended that couples set aside two months to prepare for their wedding and published a checklist with 22 tasks for them to complete. By the 1990s, the magazine recommended 12 months for wedding preparation and published a checklist with 44 tasks to complete," the professors said in their work.
They suggest that the high spend on weddings and rings and its relation to divorce rates could be due to the stress couples experience from the debt their wedding day can place them in.
But all is not lost; the study suggests that the key to marital bliss is to invite as many people to the big day as possible, and to take a honeymoon. It found that high wedding attendance and any kind of honeymoon, regardless of cost, was positively associated with the length of a marriage.
- Independent