Economy and Marriage Plan

posted 3 years ago in Married Life
  • poll: Have your decisions regarding your marriage changed as a result of the economy?
    Yes, we had to change our plans because we can't afford what we originally wanted. : (18 votes)
    23 %
    No, we will make our intentions happen, even if we live hand-to-mouth for years to come. : (25 votes)
    32 %
    We had to delay our plans, but we will make sure that they happen sooner or later. : (19 votes)
    24 %
    I'll explain (please post) : (16 votes)
    21 %
  • Post # 3
    314 posts
    Helper bee
    • Wedding: August 2015

    I always wanted 3 kids but now I think two are more of an economically feasible option. We definitely won’t be buying a house til probably the year after we are married (I also want to get pregnant that year.) Although I’d like to be out the condo we rent (4 flights of steps) prior to having a baby, for many reasons but also to be close to my mom. So I have mixed feelings like do I really want to decorate a baby room twice (once here and then at a house) and lug all that shit up and down the stairs?  No!! Haha. Plus we already are running low on closet space and its only the two of us.


    We delayed getting engaged and married partly bc of financial situations but also bc I had lost my job and didn’t want to be engaged for 3 1/2 years…too long for me. Now, we are waiting 2 1/2 years to get married since we couldn’t afford a short engagement and wanted to get married next August. But since my bro is getting married next September, I decided it would be better to wait til after theirs by almost a year. It gives us longer to save.


    As for student loans I pay $740 a month which will go down to around $560 when I’m 32, but it still won’t leave me loan free. I am making my kids go to community college bc of my debt since I know that even if we saved (more like had money to save) we would only really be able to save for about year of college. When we do decide to buy a house I want a mortgage that one of us could pay alone God forbid one of us is unemployed….which at this point seems nearly impossible bc we live in NJ and I make a pretty low salary bc I work at a non-profit.


    Post # 4
    5697 posts
    Bee Keeper
    • Wedding: August 2012

    I didn’t answer because none apply. No we didn’t really have to delay our plans, and we don’t have to live hand to mouth to do it. We are fortunate enough to both have had stable jobs throughout the poor economy and don’t expect that to change. Seattle also has a lot to offer as far as job market.

    The economy crash actually allowed us to buy our home because the prices were so low, the way the prices used to be this would have been our “second” home, where we probably would raise our kids all the way through high school, but now it’s a great first house where we are quickly gaining equity and will be able to sell at profit.

    Post # 5
    8388 posts
    Bumble Beekeeper
    • Wedding: April 2013

    @MsJ2theZ:  +1, we were able to get our home much earlier than anticipated due to the housing market crash.

    Post # 6
    1549 posts
    Bumble bee
    • Wedding: June 2013

    We delayed everything – still are. But We are determined to change our situation so it doesn’t stop us and only delays us.

    Post # 7
    4819 posts
    Honey bee
    • Wedding: May 2012

    Canada hasn’t been affected like the US so we’re still planning as if there’s nothing significantly different.

    Post # 8
    6450 posts
    Bee Keeper
    • Wedding: June 2013

    None of the options really applied to me because thankfully we haven’t really been affected by the bad economy.

    Post # 9
    681 posts
    Busy bee
    • Wedding: February 2013

    We’re delaying.

    The job market for DH’s field (law) is basically crap right now. He’s struggling to get into jobs that, in a good economy, he’d be a star candidate for, but in this bad economy he’s competing with much more overqualified law school grads that can’t get what was once their guarenteed massive paycheck at a private firm.  So he’s had to take temporary clerkships in the meantime.  They’ll eventually lead to better, more permanent jobs once he has some experience under his belt, but for the time being, we have to be frugal and mobile, so no house buying and no kids (and no steady job for me, since we have to move so much) until this is all settled.

    We’re in our late 20s and agreed that, if things don’t look up by the time we’re firmly in our 30s, we’ll go ahead with the kids thing anyway, to make sure we don’t loose our chance completely.  But I’m really, REALLY hoping we don’t reach that point.

    Post # 10
    1327 posts
    Bumble bee
    • Wedding: April 2014

    It’s hard to say.  We’re not delaying our marriage, nor do we plan to delay kids (we want to wait a bit anyways).  Our current financial situation is pushing back buying a condo I supposed.  We would rather own than rent, but it’s not a big deal.

    Post # 11
    3195 posts
    Sugar bee
    • Wedding: October 2010


    Our wedding was very small because it was all we could afford.

    We will also never own a home because the recession nearly killed us.

    Post # 12
    1311 posts
    Bumble bee
    • Wedding: January 1994

    We eloped because we couldn’t afford a traditional wedding. Getting into debt over a party was not something that seemed financially responsible for us and as we had been together a number of years before we married, we did not want to put it off.

    Post # 13
    10454 posts
    Sugar Beekeeper
    • Wedding: January 2011

    For the wedding, we went with what we intially plan and could afford.  Our parents also helped, although we could have afforded it without their help, but we probably would have choosen to reduce some costs.

    We did delay buying a house, but it wasn’t related to the economy, it was related to other issues.  It’s hard to say how the economy affect our house purchase, as it hasn’t really changed since we started looking.  If interest was higher, prices would have been lower, so we might have actually been further ahead due to our downpayment.


    Post # 14
    660 posts
    Busy bee
    • Wedding: April 2013

    The economy/recession has affected us in every aspect of our life. We went with a small wedding due to the fact that my DH had lost his job. We live in the apt I owned before we met, which is too small for us. We don’t have kids, but we are older (me 37 and him 51). The fact that he is out of work and we are almost out of time for having kids is a big stress on the marriage. It feels wrong to force it, though the idea of not having kids is hard too. So I am just going with the flow for now and just trying to make our relationship the best it can be and whatever happens, happens.

    The one good thing that happened was I also lost my job in a massive company layoff, and then ended up getting two progressively better jobs.

    Post # 15
    6166 posts
    Bee Keeper
    • Wedding: October 2013

    @destinwed:  you don’t have an option for nothing changed.

    i bought my house last year, got married this year.  DH wants 2 kids and i would love to have 4 even though i know that is not going to happen.  we are going to have 2 and we will see what happens with the 3rd.  but the economy doesn’t play a role in that, for me at least.


    Post # 16
    4043 posts
    Honey bee

    Fortunately, we have done fairly well for ourselves given the economy. DH now has a more stable job (though it took him 4 years after graduating college to get it), but our income is quite good for our area. We have budgeted well, our savings is growing and we are planning on buying a house soon. We both have student loans, but by prioritizing them, we are paying them down pretty quickly.

    DH came from a very low income family (single mom, 3 kids, $15k a year income) and I came from a lower middle class family (two parents, 3 kids, $50k a year income). So far, we have both managed to graduate from college (DH has his master’s too) and get jobs with incomes that are much higher than our families. 

    We have had to budget and sacrifice though. We don’t take very many vacations, we cut back on eating out, don’t spend a lot of money on entertainment and we prioritize our bills/debts.


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