Why Weddings Are A Waste Of Money, Why Men Should Never Get Married In The Digital Era, How To Have A Low Cost Wedding, The Unbelievable Benefits Of B
by Dr. Harrison Sachs
2020-05-29 16:45:21
Why Weddings Are A Waste Of Money, Why Men Should Never Get Married In The Digital Era, How To Have A Low Cost Wedding, The Unbelievable Benefits Of B
by Dr. Harrison Sachs
2020-05-29 16:45:21
This essay sheds light on why why weddings are a waste of money and elucidates why men should never get married in the digital era. Moreover, how to have a low cost wedding is explicated, the unbelievable benefits of being single forever are identifi...
Read more
This essay sheds light on why why weddings are a waste of money and elucidates why men should never get married in the digital era. Moreover, how to have a low cost wedding is explicated, the unbelievable benefits of being single forever are identified, and how to make money to finance your wedding budget is expounded upon in this essay. It is no surprise that weddings are deemed a colossal waste of money that often yield an insurmountable negative on investment. While having a grandiose, lavish wedding may seem like a worthwhile investment in your future if it will allow you to secure a lifetime of marriage with someone who you inexplicably love, the polar opposite is true. This is because, the grim reality that typically ensues shortly after the wedding and honeymoon have elapsed entails the husband experiencing the brunt of a draconian divorce and having to unremittingly work hard to make alimony payments to finance his ex-wife amenities, vacations, housing, and luxuries. Weddings are often the precursor to divorce and are a squanderance of money since they yield a negative return on investment even if both parties have a joyous time amid the wedding reception event. You may exhaust $100,000 on a wedding for instance and will be left with nothing but insurmountable debt, a broken marriage, and the burden of dispensing lifetime alimony payments to your ex-wife. Additionally, when you invest in a wedding, you are not buying any commodities, properties, nor securities for your hard earned money. In other words, you have nothing of resale value nor any income generating assets, such as stocks, bonds, rental properties, nor index funds, to show for depleting your exorbitant wedding budget. It is unwise to in-debt yourself for years or decades to come just to indulge of a night of exhilarating fun by having an extravagant wedding. For the price of a $50,000 wedding, you could alternatively buy a 2,000 square foot manufactured home, used car, and have $15,000 remaining for investment purposes. Expensive weddings are an ineffable colossal waste of money, especially when the couple is indebted, poor, or homeless. Moreover, wedding guests will have just as much as a thrilling experience attending a wedding and socializing, irrespective of how much money was spent on said wedding. People love to socialize and the value of their experience is not predicated upon the investment in the wedding's decor nor amenities. Wedding costs are exorbitantly outrageous and do not warrant the debt burden they cause couples to bear, especially if the wedding is funded by wedding loans. According to The Knot's 2017 Real Weddings Study, the average cost of a wedding stood at $33,391 in 2017 (O'Connell), which is more expensive than the price to purchase both a 2,000 square foot manufactured home and used vehicle. Obviously, your wedding costs may vary depending on how many guests you are inviting, the quality of the engagement ring, and how formal of an occasion you want your nuptials to be. Your head-count matters regardless of budget. The cost of a larger wedding, with 100 people or more, is significantly more than that of an intimate wedding. Geography also matters. For instance, If you get married in New York City (Manhattan), you can expect to pay at least $76,944 (O'Connell). Having an expensive wedding can precipitate an imminent divorce for financially beleaguered couples who cannot afford to pay off their growing wedding debt at a 28% APR with their infinitesimally low incomes. The cost to service debt burdens that accrue interest fees everyday wreaks havoc against a marriage since financial calamities profusely set marriage couples back from living their lives as they envisioned as a married couple. Wedding costs encompass renting the venue and groom's attire, paying for catering services and transporting services, buying wedding invitation, purchasing the wedding cake and wedding dress, and hosting the rehearsal dinner.
Less