Post # 1
So first off my FI and I are paying for over half of our wedding. But our parents are helping out a bit, which we are very grateful of and completely accept the help especially since they have friends and family they want there. That and we do have some big dreams. We also already have set amounts with each parent/set of parents (mine are divorced).
So now how and when do we ask them for the money??
My idea was to ask them for smaller amounts over the time of planning so its not just a large chunk at one time. Also this way it helps with deposits. But should we set up a plan like every few months? Or do we just ask when we need it? Also my FI will speak to his parents and I will speak to mine just so no one is too uncomfortable. Thoughts?
Post # 3
I would ask them what they are most comfortable with. I mean, its not going to matter to you too much if it’s in smaller chunks or a big check, so ask them first, right?
Post # 4
I would just talk to them. If they said (for example) that they are willing to contribute $5,000. Say, “we really appreciate that you’re willing ot help out with $5,000. Would it be easier for you to give us smaller checks over time? Or would you rather just do a lump sum? Either way is fine with us, but we’re making some financial plans and we need to know when we can count on having money.”
Post # 5
Thanks! We spoke to our parents and they all agreed that we should let them know when we need money. So every time we sign a contract with a new vendor we will let them know how much we need. It’s not super specific but it works.