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Shocking Study Shows Brides Want To Spend More on Weddings than Grooms

August 01, 2014

Shocking Study Shows Brides Want To Spend More on Weddings than Grooms

pink cake with heart

According to a new a survey from Spectrem Group’s Millionaire Corner, men and women have different priorities when it comes to weddings. Did we really need a study to tell us this? 

Thirty-six percent of women want to spend $5,000-$10,000 on a wedding, but 24% of men want to spend less than $5,000. 

Other interesting findings from the study included

Women like larger weddings

Forty percent  of male investors think 100 guests or less is a normal size for a wedding while 49% of female investors think 100-150 guests is a normal size for a wedding.

Men tend to splurge more on gifts

Men are willing to splurge more on wedding gifts: 43%  of men will spend $100-$200 on a wedding gift for a close friend or family member, while 37% of women will spend $100 or less on a wedding gift for a close friend or family member.

Venue beats food

Investors with a net worth of $1MM-$5MM (34%), believe food is the biggest wedding expense, while 36% of the uber-wealthy ($5MM+) think the venue is the most costly wedding expense.

And if you aren't a millionaire, here are a few areas where you can save a couple of bucks. 

  • An intricate, over the top wedding cake: Try cupcakes or a store bought cake that you decorate
  • Skip the opulent center piece for the table: You can't see anyone anyway
  • Skip the fancy, engraved invitation: What is this? Downton Abbey? 

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