(Closed) Money gifts: did you pay off your wedding expenses or do you still owe?

posted 6 years ago in Money
  • poll: Did you make money from your wedding or do you still owe?
    We received a lot of monetary gifts and still had money left after paying off the wedding expenses : (11 votes)
    23 %
    We still owe money on our wedding : (10 votes)
    21 %
    We pretty much broke even : (4 votes)
    8 %
    Other : (23 votes)
    48 %
  • Post # 3
    7312 posts
    Busy Beekeeper
    • Wedding: October 2011 - Bed & Breakfast

    Other- We paid for our wedding in cash, up-front, so there wasn’t anything to pay off afterwards.

    Post # 4
    3375 posts
    Sugar bee
    • Wedding: October 2011

    The wedding was completely paid off before it happened, so nothing to pay off afterwards.

    We did make a profit due to generous gifts, but I don’t think of it as a “profit”. We made almost 37k (in gifts and cash) and we spent 27k.

    Post # 5
    14338 posts
    Honey Beekeeper
    • Wedding: June 2011

    We got about 75% of the wedding expenses in cash in gifts.  But my parents paid for a little over 50% of the expenses, so us personally, we did come out net positive.

    Post # 6
    685 posts
    Busy bee
    • Wedding: October 2011

    Other. We paid for everything up front, so the cash goes into saving as we are planning to buy a home in the future.

    Post # 7
    1562 posts
    Bumble bee
    • Wedding: November 1999

    We had everything paid for in advance.  We never calculated how much money we got vs how much we spent.  

    Post # 8
    400 posts
    Helper bee
    • Wedding: March 2011

    Other..paid in cash for the wedding…monetary gifts bought us stuff on the honeymoon (excursions, massages, ect.)

    Post # 9
    515 posts
    Busy bee
    • Wedding: September 2011 - Clark Gardens

    The cost of the wedding was split between us, my in-laws (who footed most of the bill), my grandmother, and my parents. Overall, more money was spent than made on the wedding, but we ended up profiting in the end since we kept the wedding gifts obviously.

    Post # 10
    6661 posts
    Bee Keeper
    • Wedding: May 2010

    Our cash gifts more than paid for all of our wedding expenses, but our parents paid for the majority of the wedding.

    Post # 11
    5494 posts
    Bee Keeper
    • Wedding: August 2011

    We paid for our wedding up front and in cash so there was nothing to pay off.  However, the money we received as gifts was more than what Darling Husband and I spent on the wedding, (but not more than the total cost).

    We put the money towards a downpayment on a house and to purchase some items from our registry we wanted but did not receive.

    Post # 12
    1843 posts
    Buzzing bee
    • Wedding: September 2011

    Our wedding was paid for ahead of time by us and was around $11,500 (not including honeymoon or rings).  We received cash and gifts totalling around $5,000.

    Post # 13
    3618 posts
    Sugar bee
    • Wedding: November 2011

    Like all the other PPs our wedding is paid for with cash so there is nothing to pay off after the wedding. All of the monetary gifts we receive will go towards our nest egg.

    Post # 14
    10288 posts
    Sugar Beekeeper
    • Wedding: October 2011

    Our wedding was paid for in cash so we didn’t owe anything after it was over. My parents paid for roughly half of it and the rest was paid by Darling Husband and I, his parents and a little help from my grandmother (my dress) and aunt & uncle (our cake). All together, we made enough in monetary gifts to cover the entire cost of the wedding but since we didn’t pay for the whole thing, we did make a profit. Our wedding money provided enough to pay ourselves back, have adequate spending money for our Honeymoon and have a little left over for savings. Our guests were VERY generous. 

    Post # 15
    9029 posts
    Buzzing Beekeeper
    • Wedding: June 2011

    Our wedding was paid for upfront in cash, so we didnt have anything to pay after the wedding. The total amount of monetary gifts was about 65% of what we spent on the wedding, but it still felt like a lot of money to receive all at once. We also got physical gifts as well.

    Post # 16
    236 posts
    Helper bee
    • Wedding: September 2011

    We paid for our wedding and honeymoon upfront and received $3000 in monetary gifts and $1000 in gift cards.  We were not planning on using the money to pay off the wedding, which is a good thing because we would have owed SO much money still! Instead, we have purchased two pieces of furniture and almost completed our registries with the generous monetary gifts.

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