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14 Feb 2013

Irish couples spend 50% of average annual salary on their wedding

by Caroline@hitched

Survey findings show that engaged couples in Ireland are splashing out a huge 50% of their annual salary on their big day, according to leading wedding planning website hitched.ie.

Findings from its annual survey, which explores the habits and trends of thousands of couples actively planning their wedding, has revealed that despite the current economic climate, one area couples are not prepared to cut back is on their wedding day.

While many couples may be forced to look at other ways to reduce their outgoings, it appears the lure of the ‘big day’ is too much for many would-be newlyweds to resist and as a result, couples are continuing to splash out to ensure their wedding day is one to remember.

hitched.ie Managing Director, Dean Yardley says:
“There is no doubt that weddings continue to prove one of those events where for many couples compromise and cut backs just aren’t an option. Despite many people reducing their spending over the past few years, it’s great to see that weddings are still holding their importance and their value in people’s lives. Your wedding is a once in a lifetime experience so it’s no surprise that couples are unwilling to reduce their budgets and are instead, prepared to spend a large proportion of their salary to ensure they put on a great day. The results of our survey have shown that despite an economic downturn, the sentiment of marriage and the significance of that one day are still key focal points for many couples”.

Wedding planning website hitched.ie spent a year surveying newly married couples and found that in 2012 – couples were spending over 50% of an average yearly salary on their big day and their honeymoon, meaning weddings are still big business in Ireland.

The hitched.ie wedding survey concluded that the average couple married in Ireland in 2012 spent €17,387 on their wedding day and a further €3,280 on their honeymoon. The latest CSO figures state the average yearly salary is currently €40,775.

For further comments, images or details of the full survey please contact Caroline Hendry tel: 01 485 2894 or caroline.hendry@hitched.ie

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Published 14 Feb 2013 9:15 by Caroline@hitched