Who says money can't buy you love?
Or can it? Or more precisely, does it?
According to a recent study by one of Canada's leading independent financial rate comparison sites, RateSupermarket.ca, there is a cost to love.
In fact, the study has determined there is a hefty price tag attached to love -- $43,842.08 to be exact -- based on a one-year courtship, a one-year engagement and the average wedding costs in Canada.
Whew! That's a lot of cash! But actually it is a lot cheaper than purchasing a high-end car, a house or a vacation property. So maybe it's a good investment...that is, if you're considering finding and keeping your future Mr. or Mrs..
But, as the relationship progresses, couples are off on weekend getaways -- two of them at least ($852.92); make-up flowers after lovers' spats ($149.85); a new wardrobe for him after she "improves" him ($980.81); and finally a beach vacation that seals the deal in your dating relationship ($2002). That brings the total of a one-year courtship to $6936.74.
Now the clincher...the engagement ring ($3,500); another year of dating outings before the "big day" ($4444.34); and then there's the engagement party ($2000) bringing the total engagement to $9,944.34.
So now we're up to the eventual wedding, including invitations, rings, gown, tuxedo, hall, photographer, music, cake, limousine, honeymoon and everything else that creates that special day and bam! -- you're up to $26,961.
The total cost of love: $43,842.08.
"I'll buy you a diamond ring my friend, if it makes you feel all right. I'll buy you anything my friend if it makes you feel alright."
Ahhhh -- the cost of love!
By Donna Donaldson, MSN Money
Do you think there's a price to "love"?