According to Daniel Clement, Esq., author of The New York Divorce Report, the size of your engagement ring could be a predictor of the success of your marriage!
His blog is based upon a study conducted by two economics professors at Emory University (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2501480)
The study concluded that the higher the cost of the engagement ring, the shorter the marriage. They further found that less expensive rings were often associated with longer marriages. According to the study, men who spent between $2,000 and $4,000 on their engagement rings were more likely to get divorced than men who spent between $500 and $2,000. The wedding cost was also found to be predictive of the success of a marriage. A couple spending more than $20,000 on a wedding were over three times likely to get divorced than those who spent between $5,000 and $10,000.
What do you think?
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