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As many of you know, Bo is getting married in less than two months, so his upcoming wedding has been a hot and heavy topic around our office. We feel that Bo is a little naive about marriage and financial expectations, so picking on him has provided a lot of entertainment for the rest of us lately.
In today’s show, we thought we would let you guys in on the fun and talk about the biggest financial mistakes couples make as well as some of the financial benefits that come along with marriage.
Some quick facts about marriage:
– The average engagement time: 13.8 months according to WeddingChannel.com and 15.4 months according to TheKnot.com
– Average wedding cost: $26,500 in 2011 according to Brides magazine
– Average net worth for married couples in 2004: $144,500
– For single males: $28,100
– For single females: $30,026
6 Financial Benefits of Marriage from MSN Money:
The Six Financial Mistakes Couples Make according to smartmoney.com:
To sum it up, marriage can be one of the most challenging, but rewarding experiences you will ever have. Do not let financial matters be the thing that comes between you and the one you love. Always try to treat one another with respect and be honest and you can certainly make it last. Please join us (all joking aside) in wishing Bo and his future wife happiness and a long, loving life together. He also welcomes any additional marriage advice you may have, so you can write to him below, send him an email at [email protected] or post on our Facebook wall!
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