And finally… Quarter of Scots newlyweds still paying for big day six years later

wedding-cost-moneyThe pressure to have a dream wedding or civil partnership is coming at a high cost for some couples, as almost a quarter (24 per cent) of Scots borrow to fund their big day, according to new research.

Debt advice and solutions provider Debt Advisory Centre Scotland found that, on average, Scottish newlyweds are left to pay back £3,050, and 43 per cent of those who took out credit now say that they wish they had either borrowed less or not at all.

Figures show that the financial hangover of a dream wedding can last well into marital life, as over a quarter (27 per cent) of Scottish couples are still repaying their debts after six years.

This has the potential to ruin their wedded bliss, as debt is one of the leading causes of relationship problems. Across the UK, men were more likely to regret taking out the money, as 52 per cent admitted this, compared with just 40 per cent of women.

Melanie Taylor, a spokeswoman for Debt Advisory Centre Scotland, said: “As the culture of glamorous celebrity weddings has grown, it’s easy to see why couples feel under pressure to recreate the lavish events they see in magazines. While celebrities can afford to spend enormous amounts on their dream weddings, for most people this kind of luxury is out of reach and it’s not advisable to get into debt to meet these aspirations.

“A wedding might seem like the most important day of your life, but nothing is more important than your long term happiness and security, so keep this in mind and plan for your marriage, rather than your wedding day,” Taylor added.

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