Jennifer Bayot, writing for
The New York Times, reports that nuptial debts "are weighing down couples and their parents long after the 'I do's,' and many have been forced to seek financial counseling as a result, according to credit counseling agencies."
Ms. Bayot reports on the post-ceremony life of a 23-year-old woman, Cynthia Davis, of Coral Springs, Fla., who after accumulating $12,000 of wedding debt, eventually separated from her husband in 2001.
"I hope everyone had a good time, because I'm still paying," Ms. Davis said, laughing, then quietly added, "really paying in a big way — not only financially, but with my marriage."
The emotion of love, apparently, can lead even the most fiscally conservative of peoples to believe that their marriage ceremony is the beginning to the smooth sailing of post-matrimonial bliss. In actuality, it's the beginning of the hard stuff. And in many instances a great number of those seeking society's oldest institution--the public bond of men and women--seem to start-off with high levels of debt.
"Because there's the emotional aspect, people lose sight of the finances when they're getting married," commented Howard S. Dvorkin, president of Consolidated Credit Counseling Services Inc., in Fort Lauderdale, Fla.
The culture of consumerist society prevalent in the United States, at blog pesotum we call it
America's One-upsterism, can lead others to go into a Keeping Up With The Joneses Debt.
For Mitchell and Sandra Crim of Bellevue, Wash., spending for their daughter Sarah's wedding day "was a matter of pride," said Mr. Crim, a customer service representative for Nintendo. "We did not want to appear cheap, or that we were incapable of giving her the wedding she wanted."
Not appearing cheap cost the Crim's $4,000.