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June ushers in the eagerly anticipated start of the summer and, with
that, one of the most popular months of the year to get married.
Traditionally, June has been a popular time because it follows high
school and college graduations, which are clear rites of passage into
adulthood. Additionally, it is said that many couples prefer June
because the weather is mild enough to enjoy outdoor venues but not
so hot that wearing gowns and tuxedos becomes uncomfortable.
Whatever the reasons why so many betrothed couples favor June to set
their nuptials, we thought that with weddings on so many minds and
social calendars, it would be timely to look at data from the DDB Life
Style Study about marriage. The question we considered was simple:
does everyone marry for love?
Among US Adults* who are married, 92% describe themselves as
happily married and 66% report that being involved in a romantic
relationship is important for their happiness. What is clear from our
data, however, is that not all people marry for love. In fact, our survey
results indicate that among adults whether single or married 13%
confess they would marry somebody they liked, but didnt love, if they
thought it was their only chance to get married. Even more surprising
is that 20% admit they would marry somebody for their money.
With these statistics in mind, we couldnt help but wonder: who are
these people who would settle for less than love and marry for like
and who are the people who would trade love for money? More
broadly, are these folks more likely than others to want a prenuptial
agreement?
Using data collected from single adults, we find that 11% say they
would settle for less and marry somebody they liked, but didnt love, if
they thought it was their only chance to marry. 60% of those who
would settle are male, 60% are white and 50% are of the millennial
generation. They tend to be slightly below average in terms of the US
median household income (HHI), with 64% reporting HHI of less than
$50,000. Unlike married people, for whom a romantic relationship is
vital to their happiness, among those who say they would marry for
like, only 55% indicate that being involved in a romantic relationship
is important for them to be happy. In addition to their willingness to
marry for like, they are significantly more likely than other singles to
also admit they would marry somebody for their money (40% v. 18%)
Married Adults
n=3153
Single
Adults
n=3111