Study finds debt over wedding leads to divorce thoughts

On behalf of Stange Law Firm, PC posted in Family Law on Thursday, July 18, 2019.

When Missouri couples are planning their wedding celebrations, they usually don’t think about divorce. However, paying for the occasion and going into debt over it can result in couples considering ending their marriages. According to a study by LendingTree, going into debt over wedding expenses can have a significant impact on what happens after the wedding between the newlyweds.

The study was conducted online by Qualtrics for LendingTree and surveyed 506 people ages 18 to 53 who had gotten married in the last two years. The results revealed that about 45% of the respondents went into debt because of wedding costs. Accordingly, about 47% of those same people then fought over money as newlyweds and considered divorce. On the other hand, only 9% of the couples who didn’t go into debt for their weddings considered divorce due to the expenses.

Couples often fight about finances, which can then become a factor in the decision to seek a divorce and discuss family law matters. But while only 20% of people who did not get into debt for a wedding fought about wedding expenses, about 76% of people who did accrue debt fought with their spouse about expenses. Planning a wedding can be stressful, and couples not only fought about expenses. 32% of couples experienced tension due to family, and 17% stressed out over the guest list. In general, one in four people also experienced regrets over spending money for the venue of the party, the food served and the drinks.

If the marriage does end up on the road to divorce, a lawyer with family law experience can provide advice about how to proceed. An attorney can provide guidance during negotiations as well as representation during family court dates.

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