Wedding Debt Can Last Longer Than Marriage

Catherine Strawn / July 29, 2009

If you have an extravagant wedding, you might be in debt longer than your marriage lasts. According to a U.K. financial management company, couples borrow an average of $42,000 to pay for their wedding. This can take 16 years to pay off with interest and everything, and the average marriage supposedly lasts 11.5 years! So, when it’s time for you to get divorced, you might end up divvying up debt, rather than assets. If you’re engaged, take the advice of our recently married Wendy and make your wedding more about memories than money. [Marie Claire U.K.]