Lifestyle

A third of millennial renters can’t afford to go their friends’ weddings, study shows


Millennials are missing out on watching their loved ones walk down the aisle (Picture: Ella Byworth for Metro.co.uk)

It seems millennials – also known as Generation Rent – are having to turn down the weddings of loved ones because they simply cannot afford it.

A new survey, conducted by popular renting website SpareRoom, has found that a third of renters say they can’t afford to attend their friends’ weddings.

The worrying findings don’t stop there.

A staggering 31% of millennial renters said they were falling into debt from attending the nuptials of friends.

The study, which polled 1,000 renters, also revealed that 15% of millennials have had to move out of their homes because they spent too much money attending weddings and couldn’t keep up with their rent.

Alongside this, one in ten stated they had been forced to sell possessions to meet the costs, while one in seven had to move back in with their parents.

What’s more, 62% of millennials admitted to losing friendships because they had turned down wedding invites, due to money issues.

The flat-sharing website found that the biggest wedding expense was ‘finding the perfect outfit’, followed by gifts and places to stay.

Matt Hutchinson, director of SpareRoom, said: ‘To hear that some renters have had to move out of their home and move back in with their parents as a result of spending too much money attending weddings is quite shocking.

‘If you decide you can’t afford to attend a friend’s wedding, meet up face to face and have a conversation with them about the reasons why – the likelihood is they’ll understand and you can move forward with your friendship, rather than lose it.’

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