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Post-Wedding Poverty

posted 1 year ago in Money
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    1.
    Member
    194 posts
    Blushing bee
    kimmylyn    November 6, 2010   Boston, MA

    We are two weeks post wedding, and my bank account is still suffering. Husband and I fronted about 90% of the cost ourselves... and unfortunately had to put some on credit cards because of it (i.e. honeymoon). We are desperately trying to pay that down, along with hoping to start looking at buying a house after the new year.

    Because of all this cost, and having to take 4 days unpaid vacation for the honeymoon (I'm a teacher), money is stretched.

    I have no regrets about the money we spent towards the wedding... which in the grand scheme of things, wasn't even extravagant. The wedding was everything I hoped for, and everyone had a great time (even without the all-night open bar... take that!). I just hate feeling like I have to 'catch up' now with my bank account.

     

    Does anyone else feel this way?

     

     
    2.
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    191 posts
    Blushing bee
    tseay    April 3, 2011   Atlanta

    I'm sure I will feel this way. I moved in with my fiance a year ago and he pays the household bills and I am paying for the wedding....so we don't have to put things on credit BUT it is preventing us from putting any money aside. To top it off I'll be starting grad school fall 2011 (God willing) so extra money will go towards school expenses. I am just trying to keep things in perspective and realize that eventually we'll get to where we want to be and you will too.

     
    3.
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    5,369 posts
    Bee Keeper
    pinkshoes    July 2011   MA

    I'm feeling it for sure, but not the post wedding proverty.  I'm feeling post-home proverty.  We cleared out for the down and closing and all that junk, then under estimated how much some repairs and things we needed to buy would be.  We're definiately watching the spending and have been cutting it real close.

     
    4.
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    708 posts
    Busy bee
    Corykru    September 17, 2011   Pittsburgh, PA

    The title of this post scares me! I hope we will be able to pull it all together before our wedding. Money will be tight though....no doubt (both during the planning and after the wedding)!

     
    5.
    2,299 posts
    Buzzing bee
    bluespurrs    August 7, 2009   South-central PA, USA, Earth

    Nope! But then again, the wedding cost less than 5K...

     
    6.
    Member
    7,533 posts
    Bumble
    Beekeeper
    mwitter80    December 11, 2010   Connecticut

    I know I'm going to feel this same way too, but I know it will be worth it. We haven't had to put anything on credit cards, but this is the first time in my life that I am waiting for another paycheck.

     
    7.
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    626 posts
    Busy bee
    starcharades    December 31, 2011   Philadelphia

    My fi and I are working on saving enough to pay for the wedding and have a nice sum saved up after because I have a huge fear of post-wedding poverty.

     
    8.
    Member
    1,076 posts
    Bumble bee
    mzlouis2b    November 3, 2012   Live in Brooklyn, wedding in MI

    I really wanted to have an earlier wedding but my FI and i sat down and decided that we wanted everything paid off before the wedding so we pushed the date back to Nov 2012. But you say the wedding wasnt too extravagant so im sure you guys will catch up soon :)

     
    9.
    Member
    92 posts
    Worker bee
    hannathehamster    September 7, 2010   arizona

    We are certainly there. We knew this was going to be the case and we stopped stressing about it and just went for it. Granted, it wasn't the smartest thing, but definately worth it!

     
    10.
    Member
    195 posts
    Blushing bee
    ManciasToBe    March 11, 2011   Austin

    That is why our economy is the way it is everyone thinks they can just pay everything off with a credit card when there the most damaging thing to do to yourself

    i'm not saying this to attack you but to warn others who are just lerking the site so please dont take this offensive and i'm not going to lie we are putting a lot of money into our wedding too

    but for starters we will not be buying a house right after we wed and will not go on a honey moon till next year when we can afford a nice over seas honey moon.

    we have $6,000 more to pay in the next 67 days and everything wedding related will be paid off, we will not have open bar neither.

    and we're paying everything off ourselfs except for a generous gift his parents gave us ($2,000)

    we have been paying for our wedding a little bit before being engaged becasue we knew it would be a lot

     
    11.
    Member
    173 posts
    Blushing bee
    BunnyBunz    March 26, 2011   Omaha, NE

    I think this will be the case for me and my FH.  We are paying for about 90% of the wedding on our own and there has been some ups and downs with my FH's job situation.  We are putting the honeymoon on a credit card, but already have a plan in place for paying it off.  It isn't something to make a habit of, but getting married is a once in a lifetime thing. 

     
    12.
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    370 posts
    Helper bee
    LeahP    September 10, 2011   San Diego, CA/Vermont

    I'm suffering from post holiday parties.  Traveling, gifts, and taking off work hit me hard.  Needless to say I am holding my breath until I get paid tomorrow!

     
    13.
    Member
    2,350 posts
    Buzzing bee
    heather25       New York

    @LeahP: Ugh I feel you!  Plus charitable contributions that I made at the end of the year kinda did me in.  I had to borrow from my house fund to get eveything in order and not feel like Bank of America was gonna charge me an overdraft fee.  lol.  What sucks is (and not really) we got paid 3 times in December so my next pay check isn't coming for another week.

     
    14.
    Member
    4,272 posts
    Honey bee
    roxy821    August 21, 2010  

    Hang in there!

    By the time we got married we had completely drained all of our accounts and then had to use all of our wedding money to pay off credit card debts between the house and the wedding.

    It's now four months later and I can happily say that are really starting to recover. Spending is tight but we are enjoying movie nights and cooking dinner together as newlyweds. Try to do activities that don't cost much money and you can build your marriage at the same time.

     

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