Post # 1
So me and my Fiance r paying for everything. Our parrents lost their jobs and they really do not have any money. Im from Europe and we r having our wedding there. his family is flying them self, friends too. We just have to pay for mine and Fiance plane ticket and Future Sister-In-Law. Thats 3000 right there. it will be about 20K. We have like half, my wedding planner just told me that all ventors we gotta pay in cash!!! WTF? So just hhotel and airfare we can put on credit card.
i have to do it at my country, i have to have there my family.
just needed to vent
Post # 3
i would never go in debt for my wedding but thats just me. I feel like starting off your marriage with a bunch of debt is a horrible way to start your married life together. I dont want to sound like debbie downer but the number one cause of divorce is Financial issues. (or at least it use to be havent checked it lately)
We are paying for everything ourselves as well… We have not have one dime handed to us or even to offer of one. I feel that you could downscale your wedding and have alot of DIY projects and have a nice wedding for alot less than 20k
Post # 4
Ugh. I feel for you. It’s hard when it’s getting close and it feels like the train has already left the station for many things.
My advice would be to cut where you can, diy, etc. Go over the budget line by line. However, I also totally understand wanting to have certain things for your guests after they’ve spent a lot of time and money flying to your wedding.
If you do end up needing to go into debt, I’d just make sure you guys have a plan for paying it off as quickly as possible. Also, make sure you do research and get a good rate. I’m not advocating taking out a loan for a wedding, but you are close to the date and I understand that some things just might not be super flexible at this point.
Post # 5
yea i hate the idea, but what can we do? There is no way i can do stuff my self, its 8000milles away. we cut as much we can.
Post # 6
If you will really budget your (regular) life and pay off your credit cards asap put regular items like groceries on your credit card, pay vendors in cash, and make 100% sure your cards are paid off asap even if it means eating rice and beans for a couple of months after the wedding. I would not recommend this normally, but it sounds like you’re in a bind, will cut everything you can, and get out of debt asap. 20k including airfare and hotels sounds like you’re being pretty good about the budget and it’s not like you can change much now. The things I can think of are editing your menu somewhat since the caterer hasn’t bought the food yet and gets his/her money from the work so shouldn’t care if you don’t serve expensive foods like beef; cut down on flowers and use cheaper ones; have a smaller cake with sheet cake to make up for it. Plan to see your dress afterward to pay off your cards.
Post # 7
I don’t think it is a good idea, however I may end up having to put some minimal costs on credit cards. We are getting closer and are not quite where we wanted to be. If necessary we figured out the maximum we would charge and will pay off the bill with wedding money. Good luck.
Post # 8
I would not go into debt for a wedding. I’d rather have a private celebration. People will understand. I simply do not believe in paying for things you can’t afford or things that aren’t an investment. I see investments as properties, homes, and educations. If I coudln’t have afforded a wedding, I wouldn’t have had one. I know my parents would have been supportive and they would have been incredibly disappointed if i borrowed against my means b/c I don’t feel like it’s a very fiscally repsonsible thing to do.
Post # 9
Borrowing a few thousand isn’t the end of the world. I would go to the back and see what they can offer you in a personal loan. The rates are almost always better than a credit card, and you will get 1-2 years to pay it off.
Post # 10
I guess I would borrow money from a fam member but not a bank.. even though ide do my hardest to try and save first!
Post # 11
You haven’t mentioned the specifics of your wedding, but would it be possible to host it at your parent’s home? This would work for a smaller celebration, and if you parents owned their own home. Then you would save on venue costs. Or perhaps a relative could host if they had a home? That could be a big way to save money!
It is up to you and your fiance to decide if it is worth it to obtain a loan to fiance the rest of your wedding. It is not something I would personally advise, but you have to do what is best for you and your family. I hope everything works out for you!