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Sunday, April 26, 2015

Opportunity Cost of a Wedding

I did a quick search to find the average cost of a wedding in the United States today. Not to my surprise, the average cost of a wedding today is $25,200. The value $25,200 is just a figure. I think it makes a better mental picture by converting $25,200 into stuff.

Instead of spending $25,200 on a wedding, a man can just save that money and throw it towards living expenses or future retirement plans. This is the responsible thing to do. Responsibility isn't very fun so lets see what $25,200 looks like in terms of fun junk.

70 inch tv $1,500
Harley 1200 custom $12,000
PlayStation 4 $450
AK 47 $700
Ipad Air $450
Kit to send stuff close to space $750
Coolster ATV $2,500
Ms Pac Man arcade game cabinet $3,500
Ounce of gold $1200

Total cost for fun junk: $23,050. This amount has taxes sort of figured into it. For the same cost of an average wedding in the United States, a man could drive ATVs and motocycles, shoot AK 47s, then go home, get drunk, and play some Assassin's Creed on a PlayStation 4.

When compiling this list, I was thinking about including the installation for a home bowling alley. Unfortunately the cheapest cost I could find to install a home bowling alley was $75,000. A home bowling alley is the cost of almost 3 average American weddings.


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