Woody Harrelson got married for just $500

Woody harrelsonRob Kim/Getty ImagesWoody Harrelson and wife Laura Louie.

Woody Harrelson says “the least expensive things can be the most personally rewarding.”

“Take my wedding, for example,” the actor told Wealthsimple.

He explained:

“… We didn’t feel the need to shell out a ton of cash and do anything over the top. It was basically just a bunch of good friends getting together in Maui.

“I paid for some food and drinks, a few hundred bucks, and that was about it. At the end of the day, it ain’t about how much it costs — it’s about having great people in a beautiful place and just…celebrating.”

According to wedding website The Knot, which has been tracking wedding trends since 2006, the average cost of a wedding in the US in 2016 was $US35,329. The site also found that Americans spend an average of $US6,162 on an engagement ring, and estimates that a plain gold or platinum wedding band will run you about $US1,000, depending on the retailer. Not for Harrelson.

“Wedding rings can be extremely expensive, but ours were only about $US300 each,” he told Wealthsimple. He continued:

“Mine is one of my most meaningful possessions. I helped design the simple gold bands dotted with tiny, sparkling, colourful gems in various shades of orange, pink, and purple. The gold I already had. I’m really conscious about where gold is sourced, so I wanted to provide the gold and be sure of its origins. It’s gold that was panned naturally from a river in Northern California. All in all they’re pretty distinctive rings.”

This doesn’t mean Harrelson won’t splurge — he recently bought himself a Tesla.

Read the full interview at Wealthsimple »

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.