Thursday, February 25, 2010

Money & Happiness

The Wall Street Journal had an interesting piece recently looking at what brides and bridegrooms would save if they invested the money spent on their weddings, rather than blowing it on a one-day affair.

The author suggests that couples who lay out the median cost of a wedding -- nearly $18,000 in 2009 -- are actually missing out on $90,000 to $200,000 in
wealth accumulation over a lifetime. (He notes the average bride is 26 years old, so the money would have roughly 40 years to grow.)