The Bigger The Ring The Shorter The Marriage?
Great news, guys... here's your excuse to avoid spending two months' salary on an engagement ring. You can spend something closer to three dinners at Denny's.
I don't believe this for a second. I would want to buy the largest ring I could afford for her! Why? You ask? You know she's showing it off to every female in a mile vicinity. You don't want them to look at her, give her a fake smile and tell her it's beautiful, only to gossip when your fiance leaves about how cheap of a guy she's marrying. You know it happens, and some of you females reading this are already thinking back to when you did exactly what I just spoke of to a friend or a woman at the office. But I digress...
A new study found the larger your engagement ring... the smaller the chance your marriage will last. So according to this study, go ahead and buy your girlfriend a diamond that you need a magnifying glass to see.
Researchers at Emory University in Atlanta found that men who spent between $2,000 and $4,000 on an engagement ring were 130% more likely to get divorced than guys who spent $500 to $2,000.
Just for comparison... if I'm buying one it will be in the $10,000 to $20,000 range. They also found that people whose weddings cost more than $20,000 are 350% more likely to get divorced than people whose weddings cost under $10,000.
One problem we have with this is: The survey people at Emory seem to have NO IDEA what engagement rings actually cost!
The average guy now spends $5,598 on an engagement ring . . . $1,598 more than the high end of their range in the study. And the average wedding is now $28,858 . . . $8,858 more than the high end of their range in the study.
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