Money Can’t Buy You Love?

An academic study of American marriages found that among newlyweds of similar income, education and race, those with “flashier” weddings were more likely to get divorced.  Well, what do you think constitutes a flashy wedding?  According to a post in The Economist, “your wedding is meant to be one of the happiest days of your life. It will also probably be the most expensive. In 2017 tying the knot cost the average American couple $26,000, according to the Wedding Report, a market-research firm. The country’s newlyweds spent a total of $56.2bn last year on getting hitched at 2.2m ceremonies, more than the annual GDP of half the countries of the world.”  Taking those cost averages into consideration along with the fact that in most Western cultures nearly 90% of people are married by the age of 50 (even though 40-50% of marriages in the United States result in divorce), it can easily be determined that money, in fact, can’t buy you love.    

About

Jennifer R. Ward has exclusively practiced in the matrimonial and family law field for nearly 20 years. Furthermore, Ms. Ward is Adjunct Faculty at the John Marshall Law School teaching family law legal drafting to law students and has done so since 2005.

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