Is Getting Married A Bad Investment?

By June 4, 2007

In what may be an attempt to irritate all the June brides, Blueprint for Financial Prosperity points out that the average wedding costs $27,852 and the median pre-tax income in 2005 was $46,326. That’s a lot of money for a party. But what about the tax breaks? Well, those might not be so hot either.

As two happily single but committed persons, you’d pay $38,621.50 ($19,310.75 each); $39,392.50 if you were married, a difference of $771. As you make more and more money, the difference becomes more acute. So, either don’t get married, or don’t make a lot of money… a fair decision for someone to have to make right?

Take that, love. —MEGHANN MARCO

Don’t Get Married [Blueprint For Financial Prosperity]
(Photo: Stirwise)

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Comments

  1. Uriel says:
    June 5, 2007 at 3:01 am

    My parent’s 25th anniversary will be tomorrow. I only wish I could give my mom those 25 years back.

  2. alhypo says:
    June 5, 2007 at 7:11 am

    Excellent. Yet another excuse not to get married.

  3. IC18 says:
    June 5, 2007 at 5:12 pm

    My engagement party was about $200. Me and my fiance plan to add only an extra 0 for the wedding. We plan to have the same small simple wedding both our parents had. Imediate family and close friends only, no long distance cousins and the best thing no alcohol. Save that $30,000 on a house down payment and a fancier honeymoon.

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