Post # 1
I was reading online that the average wedding in 2012 costs a whopping $26,000. Maybe I just never payed much attention to weddings before but, as a college student, that seems like such a crazy amount of money. One of the reason my boyfriend of 4 years and I haven’t officially changed our status to “engaged” is that with the money we’re spending on school, car payments and rent..where in the world would we get $26,000! The money is sadly the biggest thing holding us back. It, in a weird way, scares me that I might have to settle or wait forever to have a wedding.
Does the expense bother any of you young brides as well? Or older ones too!
Post # 3
@jwinnings: Aw, not all weddings cost that much! My wedding is costing me about 11000 dollars (much higher than I had thought by the way) and I’m a college student, my Fiance is a beginning electrician, so we’re not making that much. I managed to scrounge up 10,000 in almost two years. It’s possible to have a wedding, you may just have to cut some things. Like, most people don’t need dancers, performers, or that chocolate fountain 😉
Post # 4
It also depends on where you live, what you want, what you are willing to forgo. I am extremely lucky that my parents have offered to help. Or we’d be going to a JOP.
Post # 5
Don’t forget that just because that’s the average wedding cost, that doesn’t mean it’s the average for people right out of college. And that also doesn’t mean that to have a beautiful, special wedding, you have to spend that much.
I was really lucky in that my parents very generously and lovingly gifted me a beautiful wedding. If my husband and I had paid for it ourselves, it would have been a different kind of affair — still lovely and meaningful, but very much toned down in size and expense.
Post # 6
I personally don’t think I could spend $26,000 on a wedding even I weren’t a poor college student. A huge fancy wedding just isn’t one of my priorities, I just want something nice to celebrate with my family. Our wedding is coming to about $9000 total. Fiance and I are paying about a third of it, our parents are helping with the rest. Okay, I’ll be honest, I might have to dig into my student loans to buy the wedding rings, but the rest will be covered with the education tax returns I’ll be getting. And if our parents weren’t helping, we probably just would’ve done a very small ceremony and not have booked photographers that eat up about 40% of our budget, lol.
@Mrs.Sunflower: When you say you managed to scrounge up $10k… is that with school already paid for? I’ve got quite a few student loans that in reality, if I could come up with $10k right now I’d STILL be way in debt so it wouldn’t help toward the wedding… I’m just curious if you’re figuring that with or without student loans in the picture.
Post # 7
I think its cray cray. At least for us lol
We’re budgeting around $12000 and even thats a lot to spend on one day for us! I’m planning on coming in under that and so far so good.
You have to remember that that number reflects those millionaire children and movie stars who spend hundreds of thousands on their weddings so I would assume it would skew the results to be higher.
Post # 8
I found the average a little daunting, too, at first. And, when I started looking at vendors, I saw how easily a wedding could add up to that and more! We’re keeping ours around $8000, including the rehearsal dinner & rings, without really forgoing anything that we wanted, so spending $20K+ on a wedding is definitely not necessary.
Post # 9
I have heard that stat before, too, and I sincerely hope when all is said and done we are nowhere close to that!
I am hoping ours comes out a tad under $10 grand. I dont like spending that much, but I dont want to go over that!
Post # 10
Don’t forget, averages take crazy outliers into account. Like a 100,000 wedding is counted the same as a 2,000 wedding, though guess which one makes the “average” cost crazy high? Averages are not necesarily the most common amount the majority of people will spend.
Post # 11
It’s crazy. I’m 23 and our wedding cost much more than that. We paid for 50% of it. Honestly, we saved a lot each month and cut back other expenses. The money was very stressful but the security of having it was a great feeling. I’d see the cost of our chair covers and panic at first, but then I’d look at our wedding fund and feel good knowing we have it and that we saved for it.
It was worth every penny
Post # 12
I see wedding budgets like I see any other budget: clothes, home decor, etc.
Don’t know if you have seen the show on HGTV called the “High/Low Project” but the designer takes a space creates it with all the top notch furniture, rugs, lighting, and decor & then re-creates the space on very low budgets and the rooms look SO similar. This is how I see weddings. Just because a budget is low or high, a similar look and feel can be achieved. It’s all about planning, practice, and being creative.
Post # 13
It depends on where you are, too. 26k is probably the national average? The average cost for a wedding in a smaller town vs a large city is probably pretty different.
Post # 14
@galloway111: I’m going to a community college right now. I haven’t had to take out school loans, but don’t have any sort of financial aid at all these past three years (it’s been really difficult to even try to get it here). But I saved up the money myself, and my fiancee is saving on his end, too, but that is for when we are living together and I like to have money in the savings account. =] So yeah, from every pay check I would chisel away money until I got enough to pay off the venue, photographer, band…etc.
Post # 14
It really depends on where you live, and what aspects of the wedding are most important. We’re getting married in October and I’m in the beginning of my planning. I never realized how much everything would cost. I had originally wanted a photobooth but after seeing that they are like $800 that is something that we will do without. My fiance and I are on a budget of $7000 and thankfully my aunt/godmother offered to pay for my wedding dress. My parents are helping some, but the bulk of the wedding will be paid for by my fiance.
Post # 15
You have to decide what your priorities are. What do you want for your wedding and what do you want for your life in general? If having a 400 guest, black-tie wedding is more important than say a year of grad school or a car, great! If you’d rather have a down payment, scale back on the wedding by only incorpor ating the most crucial elements. It sucks if you can’t have it all, but you want to create a solid financial future for your marriage.