(Closed) How are you paying for your wedding?

posted 9 years ago in Money
  • poll: Where is the money for wedding coming from?
    bride's family : (69 votes)
    38 %
    groom's family : (28 votes)
    16 %
    i/we saved for all of it : (72 votes)
    40 %
    i'm/we're taking out a loan : (11 votes)
    6 %
  • Post # 3
    Member
    372 posts
    Helper bee

    I can answer!  For the most part we are saving up.  We started by creating a separate, joint savings account for the wedding.  We then put our tax returns into the account, which gave us close to 5K.  Since then we’ve each been contributing $250 a month to the "wedding fund".  My parents are buying the BM dresses and my fiances parents are contributing what will end up being between $2500 and $4000, and possibly the rehearsal dinner as well.  My fiance had some money left to him as a child that they’d been saving for something special, so that was an unexpected bonus.  My parents aren’t doing anything else as they helped with the down payment when we bought our house, and have spent a lot of time and energy helping us fix it up top of that.

     At this point we have over half of what we expect our wedding to cost in savings, plus another $1500 paid in deposits, so if all goes well (no more job losses, for example) we should have all that we need for our wedding next year in savings fairly soon.   

    Post # 4
    Member
    1573 posts
    Bumble bee
    • Wedding: August 2009

    through our own blood sweat and tears

    Post # 5
    Member
    14186 posts
    Honey Beekeeper
    • Wedding: June 2009

    My FI spent 15 months in Iraq, saving every single penny, while I finished up my degree. Now I make enough money to cover our mortgage and what I call the "odds and ends" of the weddings, ie stationaries, gifts, papers, little things. He cut a check for the biggies like the venue and stuff. I’m also a DIY fiend, so I like to think of it like *my* hard work is saving us oodles!

     PS i really hope nobody is taking out a loan for their wedding! That can not be smart! Especially in this economy…it’s simply not worth it!!! You can have a beautiful wedding on a budget no matter what that is!

    Post # 6
    Member
    14186 posts
    Honey Beekeeper
    • Wedding: June 2009

    His mom is gifting us our rehearsal dinner (about $800ish) and my parents gifted us our honeymoon (about $3800)

    Those are their "contributions". My parents also bought my dress ($400) and mom sewed my BM dresses and made all my flowers!  

    Post # 7
    Member
    1230 posts
    Bumble bee
    • Wedding: November 2008

    When DH and I got engaged, I had no expectations of money from either of our parents.  However, we were surprised and lucky when my parents offered to pay for nearly all of our wedding.  They were so wonderful about it too – they didn’t expect to tell us what they wanted, how they wanted it, who they wanted to invite – they just wrote us a check and we managed it from there!  We actually ended up having a 2 year engagement (due to other family weddings) so we put their large contribution into a CD and made quite a bit of money off of it while we just planned and waited for our big day! 

    DH and I also started a joint savings account to save for our honeymoon, rings and some incidentals.  I think we each put 200-250 per month into our savings for about 18 months – it really added up!  If my parents had not been so generous, I know we still would have had a gorgeous wedding – but on a smaller scale to fit within a budget we could provide.   I think it’s just really important to work within the means that you have.  So, figure out how much money you have/can spend and stay within that…any other contributions will just be a bonus!

    Post # 8
    Member
    754 posts
    Busy bee
    • Wedding: May 2008

    Your last option scares me. 

    We paid for the wedding ourselves, knowing my parents were unable to pay and his parents are deceased.

    Post # 9
    Member
    14186 posts
    Honey Beekeeper
    • Wedding: June 2009

    What scares me more is that someone checked it!!!!!!!!!!!!

    Glad i’m not the only one who thinks that’s a no-no 

    Post # 10
    Member
    145 posts
    Blushing bee

    I’m footing the bill for most of it.  If you look at ceremony and reception, I’m probably paying for 2/3 and my parents for 1/3.  The honeymoon I’m probably paying 2/3 and my fiance 1/3.  He bought my engagement ring and wedding band, and I bought his wedding band.  His parents are paying for our rehearsal dinner. 

    Post # 11
    Member
    2682 posts
    Sugar bee

    We are lucky enough that our parents are paying for it.  My parents are paying for the reception, his parents are paying for the bar, the rehearsal dinner and the day after brunch.  We are paying for our rings and honeymoon.

    Post # 12
    Member
    145 posts
    Blushing bee
    • Wedding: October 2009

    My parents generously provided $5000, which we’re using as our whole wedding budget, despite the fact that we have quite a bit in savings. However, that savings is intended for retirement, home improvements, vacations, and the possibility of a future rainy day. I’ve become Li’l Miss Crafty as I plan our 100+ guest wedding on this budget, and I love it. Fiance’s parents are paying for the rehearsal dinner, and we’re paying for our rings and honeymoon.

    Post # 13
    Member
    2856 posts
    Sugar bee
    • Wedding: September 2009

    My FI and I had every belief we were paying for his ourselves because this was a huge accomplishment doing this on our own without credit too! But my parents and his Mom wanted to help us out as much as they can so we let them. So we are paying about 3/4’s of the bill and they have been splitting the remaining costs. We really are truly thankful for all that they have been doing for us and with us.

    Post # 14
    Member
    1514 posts
    Bumble bee
    • Wedding: August 2009

    We’re paying for all of it ourselves.  Some of it’s saved money, some of it’s our tax returns.  We’ve been writing checks from the line of credit on the mortgage, but it’ll be paid off 6 months after our wedding.

    Post # 15
    Member
    218 posts
    Helper bee
    • Wedding: September 2010

    My parents gave us $5,000 and I’m trying to stick as close to that as possible.  Any overage will come out of my own pocket.  My fiance is not contributing because he is putting a down payment on a house for us and we both feel that that’s more important.

    Post # 16
    Member
    672 posts
    Busy bee
    • Wedding: November 2009

    We’ve already got a chunk of savings that was designated to be wedding money, and our parents are chipping in in some ways.  My parents are paying for any church associated costs and they paid for my dress, and his are handling the rehearsal dinner and the cost of a partially hosted bar.  I couldn’t appreciate their help more, we’ve otherwise got only 5k and it would have been almost impossible to keep it in our city.  The most important thing to me was to not take out any loans/credit for our wedding.

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