TORONTO, ONTARIO — (Marketwire) — 02/11/13 — A recent study by , Canada-s independent financial rate comparison site, has uncovered startling evidence that, despite what troubadours and beat poets may tell us, love DOES indeed cost a -thing-… in fact, many, many -things.- The sweetheart study crunched the costs associated with a romantic relationship from wooing to weddings and has determined that the list price of love is a wallet whopping $43,842.08!
To determine love-s perilous price tag, the research team came to a consensus on the basic elements of a modern relationship, then undertook extensive analysis into those hard costs to determine a final tally. Since all relationships are unique, median costs and timelines were used for the calculations.
The following is a breakdown of the -cost of love- (based on a one-year courtship, one-year engagement, and average costs for a wedding in Canada):
The Costs of Courtship:
“We-re having a little fun with this, but all kidding aside, money problems are the most common reason for break ups,” said Kelvin Mangaroo, President of RateSupermarket.ca. “It-s important for couples to have common financial goals, and to share a strategy for achieving them before committing to a long-term or lifelong relationship.”
RateSupermarket.ca has also prepared an infographic further illustrating the financial effects of romance, which can be viewed here:
Source: The Vanier Institute of the Family: Divorce: Facts, Causes & Consequences, Dr. Anne-Marie Ambert
About RateSupermarket.ca ()
Over 2.8 Million Canadians have found their best rate for personal finance products on . Launched in 2008, RateSupermarket.ca is Canada-s largest and most comprehensive rate comparison site, offering visitors transparent access to the as well as , bank accounts, insurance quotes and GIC rates.
Contacts:
Pointman! Public Relations
Patrick McCaully
416-855-9427 x301
Pointman! Public Relations
Lynn Filusch
416-855-9427 x304
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