JW’s Financial Coaching Podcast JW’s Financial Coaching Podcast-A show devoted to answering your personal financial questions and covering current events in personal finance. Giving people a new perspective on their money!

November 5, 2014  
00:0000:00
  • Is their a link between amount spent on your wedding and the quality of the marriage?
  • What the research tells us
  • Why bigger isn't always better
  • Why the rich aren't afraid to ask for a deal
  • Quote of the week

Lesson79

On today's lesson of the show we discuss an article I found titled "Expensive Rings Linked to Higher Divorce Rate". The article points to a recent study which found that their is a correlation money spent on an engagement ring and a wedding and the chances of your marriage succeeding.

Now this isn't a lesson about how much one should be or not be spending on an engagement ring or on their wedding. Rather it is a lesson discussing what we can take away from the research and how that applies not only to our marriage but to our finances as a whole.

We live in a culture today of consumerism and we are judged by our character or what we do for others. But rather how nice of a ring, wedding, car, vacation, house we have. How dangerous of a mindset is that for us? Bigger isn't always better and the desire to impress those on an artificial level leads to stress not only with our finances and quality of life, but in our marriages as well.

Check out the following past shows that go well with today's lesson:

This lesson’s quote comes to us from anonymous:

"You can always tell a rich man because he’s not afraid to ask for something cheaper”.

Enjoyed this lesson? If so, please consider taking five minutes to leave a review of the show either in Stitcher SmartRadio, or iTunes. For a step by step video of how that works, please watch this video on how to leave a review in iTunes.

You can subscribe to future podcasts through FeedburnerStitcher SmartRadioiTunes, or by downloading the iPhone app. Or you may listen to the podcast on the JW's Financial Coaching Facebook Fan page.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. There are two ways to get in touch with me: 1.) Email me at JWFinancialcoaching@gmail.com - Please put “podcast” in the subject line and keep your questions brief so they are readable on air. 2.) Simply fill out the form on the contact page. Please fill out your name, email, and your question/comment/suggestion and we will read it on air.

You can find prior editions of the podcast at the podcast archive page.

Share | Download(Loading)