Though most couples who marry fully intend to stay that way, many will end up in divorce court. Some of them might wonder if there was any way to predict the outcome of their marriage. One recent study suggests an interesting potential correlation between how much money couples spend on their wedding and their likelihood to consider getting a divorce. New Jersey residents may find the study and all of its reporting to be an interesting look at how people manage money when it comes to their wedding.
The study was done by an online loan company that surveyed several hundred people who got married within the last two years. They found that, for respondents aged 18 to 53, around half of the people who took on debt to pay for their wedding said that finances made them consider getting a divorce. As for how many respondents actually accumulated debt for their wedding, the survey said 45% did so. For couples who did not have debt from their wedding, only 9% of them thought about getting divorced.
Furthermore, over three-quarters of respondents who took on wedding debt said that they argued about expenses for the wedding, while only 20% of no-wedding-debt respondents said the same. Over a third of survey respondents with wedding debt say that money is a frequent reason for disagreements in their marriage, but only 11% of those without wedding debt have the same response. A quarter of survey respondents say that they regret the amount of money they spent on their wedding, citing expensive food and beverage packages or venues as the culprit.
The study seems to indicate what many people have long taken as fact -- that disagreements over money are a big reason that many people decide to divorce. Whatever a person's reason, it may be best for them to speak with an experienced divorce attorney here in New Jersey. It can be the first step to a fresh new start for everyone involved.