(Closed) How did you pay?

posted 5 years ago in Money
  • poll: How did you pay your balances for everything?
    In full : (45 votes)
    42 %
    weekly : (1 votes)
    1 %
    monthly : (10 votes)
    9 %
    due date : (52 votes)
    48 %
  • Post # 3
    Member
    701 posts
    Busy bee
    • Wedding: January 2013

    We paid in full on everything. We set up a special bank account that was to be used only for the wedding and honeymoon.

    Post # 4
    Member
    3886 posts
    Honey bee
    • Wedding: September 2011

    We paid whatever balance due on the due date, in full— no real point in paying early, especially if paying a vendor that does not take credit card.  Credit card payments really protect you in the event that a vendor goes out of business or doesn’t deliver what you’ve contracted for; cash/check payments don’t offer any protection and you’re stuck with filing a lawsuit or waiting in line with all the other bankruptcy creditors. No thanks. I’d much rather just call the credit card company and tell them to dispute the charge. And I’d much rather have my money in my bank account than in a vendor’s account a few months early.

    Post # 5
    Member
    3078 posts
    Sugar bee
    • Wedding: October 2012

    We paid all of our vendors in full.

    Post # 6
    Member
    2622 posts
    Sugar bee
    • Wedding: November 1999

    We paid when it was due so it a deposit was due, then we paid that and when the rest was due we paid that.

    Be sure to ask about your monthly payments. Some people/vendors may not want to deal with the bookkeeping and would rather you keep to full payments or the schedule they dictated (IE deposit then the remaining in full)

    Post # 7
    Member
    4441 posts
    Honey bee
    • Wedding: January 2013 - Harbourfront Grand Hall

    I selected “in full” but what we really did was paid the deposit, then when I had my final meeting with the vendors I paid them off.  So they didn’t get paid monthly, nor did they get paid the day of.  I know some people will argue that you shouldn’t pay until you get the product but I knew all of my vendors from other experiences so wasn’t worried about that and I didn’t want to be shelling out cash and keeping track of that on my wedding day!

    Post # 8
    Member
    96 posts
    Worker bee
    • Wedding: August 2013

    We are paying in full on the due date. I think it is the safest way to do it.

    I mean, what would happen if our baker suddenly went out of business and skipped town? Then he would only get off with our deposit money, not everything else. (Yes, vendors skipping town has happened to brides)

    Post # 9
    Member
    9394 posts
    Buzzing Beekeeper
    • Wedding: September 2013

    I’ve only paid the deposits so far.  My venue does require 1/2 of our per head amount due 6 months prior, so I’ll be paying that 6 months in advance (in March).  I know what you mean about having large amounts of cash sitting there and then it disappears!  A lot of my vendors said I could pay in installments if I wanted to (send the $ whenever), but I haven’t done that

    However, I think one of the benefits for waiting until the end (generally 2-4 weeks before–I think almost all of my final payments are due before the day of) is in case something happens.  If you pay in full up front you might just be out more money then if you waited.  That would be in extreme circumstances though.  If something happens to the vendor, or you, or…anything really.  Cash is harder to get back.

    A lot of the smaller items I just purchase as I get paid every few weeks.  So invitations, my shoes, rehearsal dress, jewelry, veil…I’ve just boughten those.  My dress is already paid off and I have it already.

    Post # 10
    Member
    6124 posts
    Bee Keeper
    • Wedding: August 2012

    We paid for things in full or at the due date.

    The elopement package and lodging – we paid that up front.  Nomrally they require 50% at time of booking and 50% 30 days prior, but we booked the whole thing 17 days prior so just paid for it all.

    Like with the photographer, there a deposit/travel fee due at signing and then another payment before the DVD arrived, so we did not pay her in full, as per her contract.

    Post # 11
    Hostess
    1427 posts
    Bumble bee
    • Wedding: November 1999

    We put everything we could on a credit card to get points and then paid off the credit card in full every month.

    Most of the time the vendors wanted a deposit and then the balance as the wedding got closer. Some of our vendors weren’t super prompt about billing per the signed contract, IE the photographer didn’t bill us the balance until 2 weeks after the wedding!

    Post # 12
    Member
    9394 posts
    Buzzing Beekeeper
    • Wedding: September 2013

    Oh and I put a lot of deposits on a credit card too (and then paid them off) even though I had the cash, to get points! Smile  Too bad some of my vendors only took checks Frown

    Post # 13
    Bee
    1835 posts
    Buzzing bee
    • Wedding: November 2012 - Oak Tree Manor

    I totally agree with fishbone – we paid everything in full on the due dates. We had wonderful vendors and didn’t have any problems, but I’ve read horror stories about vendors – even venues! – falling through. If that would’ve happened, I would’ve been happy to have lost just my deposit and no more. I know it hurts to see large chunks of change leave your account at one time, but I think if you are good and keep your hands off the money you’ve saved for the wedding, it’s best to hold onto the money until the due dates.

    Post # 14
    Hostess
    11174 posts
    Sugar Beekeeper

    @mayahpay:  Yes we did the same thing. We just continually put money aside in that special account that was for the wedding/honeymoon only.

    We had a wedding planner that kept track of when things were due and to whom making it a lot easier to pay in advance by a week or two.

    Post # 15
    Member
    9552 posts
    Buzzing Beekeeper
    • Wedding: August 2013

    I hate having to remember to pay things on a regular basis so I prefer to pay for things all in one go.

    Post # 16
    Member
    3626 posts
    Sugar bee
    • Wedding: June 2012

    It depends. If it was a smaller amount ($3k or less), we just paid in full even though they offered a deposit option. If it is more than that (e.g. venue, caterer), we paid the deposit and either paid the remainder when it was due or a few months after the deposit was paid. For sure, everything was paid in cash/by check before the wedding as every vendor required payment at least a week prior. We had very reputable and popular vendors in our area so we trusted that they wouldn’t just close up shop and take our money.

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