Think you'll need to use wedding gift money for your wedding?

posted 3 years ago in Money
  • poll: Do you worry you may end up needing to use wedding gift money to pay for your wedding?
    Yes! We didn't mean to be but we are so already over budget. : (15 votes)
    15 %
    It's possible...we are maxxed out on our budget and may need to dip into our gift money for part! : (18 votes)
    17 %
    I doubt it- we are comfortably within budget so far : (32 votes)
    31 %
    No- not a chance and/or we aren't paying for the wedding ourselves anyway : (38 votes)
    37 %
  • Post # 3
    Member
    4441 posts
    Honey bee
    • Wedding: January 2013 - Harbourfront Grand Hall

    @amyeb25:  We had the wedding paid for by the day it came around but we did use some present money for our HM.

    Post # 4
    Member
    260 posts
    Helper bee

    Our wedding is coming in at around 30 grand that he has to earn in the next 10 months to cover it.  While this isn’t unrealistic for us, it’s going to mean we can’t go for dinner multiple times a week, or shop much for non-staples.

    Unfortunately, I don’t expect to get any wedding money gifted, at all.  We’re having a DW, and people coming is all I expect of them.  

    Post # 5
    Member
    900 posts
    Busy bee
    • Wedding: February 2014

    Every single cent we got for the wedding (and for the checks that are still coming in) is going into our savings account.  We plan on moving soon so we’ll need it!

     

    Post # 6
    Member
    3199 posts
    Sugar bee
    • Wedding: October 2013

    we ended up having to. :/ it was disappointing, but two of our four parents promised to help us with funding certain things and then just decided not to. sort of a “yeah, absolutely we will put $1,000 toward your photographer, go ahead and book her and we’ll pay you back later.” and then a few months later were like “yeah, about that, we won’t be giving you that money back.”

    lesson learned!

     

    Post # 7
    Member
    1068 posts
    Bumble bee
    • Wedding: July 2014

    Not strictly speaking (we both have savings that will more than cover the modest contribution we’ll be making toward the wedding), but I definitely feel less bad about using some of our savings for wedding expenses knowing that we’ll come out ahead (thanks mom and dad!)

    Post # 8
    Member
    1648 posts
    Bumble bee
    • Wedding: August 2000

    We got some wedding gifts (checks) early, starting a few months before our wedding so technically, I guess we used them for the wedding, but they were items we were planning to buy anyway 

    Post # 9
    Member
    3828 posts
    Honey bee
    • Wedding: November 1999

    @mchitt329:  This. We had 95% of the wedding paid off when we were marriead and then the rest went to the honeymoon. 

    Post # 10
    Member
    8425 posts
    Bumble Beekeeper
    • Wedding: April 2013

    Nope, but out wedding budget was only 25% of our spendable savings (i.e. not including emergency funds, retirement, etc).  We were able to use our wedding gifts to remodel our kitchen.

    Post # 11
    Member
    2878 posts
    Sugar bee

    Not on purpose. We do expect to receive enough money to cover the cost of our wedding because it’s usually what happens here (most couples ”break even” and it’s like their wedding costs them 0). But our budget was decided strictly based on what we were comfortable affording. In an ideal world, we would have spent only 3K over our wedding, not 6 or 7K. We’re still comfortable with that amount, it’s just more than we wanted to spend on a day (while we’re willing to spend an equal amount for our honeymoon). 

    The money we’ll have will pay part of our honeymoon or go into a savings account for a house (which is most likely, because our honeymoon will be paid for when we get married anyway). 

    Post # 12
    Member
    3077 posts
    Sugar bee
    • Wedding: February 2015

    Considering we likely won’t be getting anything, no we’re no using it lol We’re already asking them to fly out of state, they really really don’t need to give us a present as well.

    Post # 12
    Member
    1629 posts
    Bumble bee
    • Wedding: October 2014 - Church

    amyeb25:  We are keeping to a budget and so long as we stay on our financial budget there is no way. I don’t like counting on money that I may never see, and that is really not the point to me 🙂

    Post # 13
    Hostess
    8680 posts
    Bumble Beekeeper
    • Wedding: October 2014

    I doubt it- we are comfortably within budget so far

    <div style=”overflow: hidden; color: #000000; background-color: #ffffff; text-align: left; text-decoration: none;”><br />We have a pretty strict budget, and we started planning early so we had plenty of time to pay for things. We are cutting it close, but we should be fine. In the event that we can’t afford the honeymoon, we’ll just take it a few months later.</div>

    Post # 14
    Member
    6525 posts
    Bee Keeper
    • Wedding: September 2013

    amyeb25:  we made sure to save enough money bc we didnt want to overspend and have to dip into the wedding money. Even for tips, we set aside money for everything.

    Post # 15
    Member
    337 posts
    Helper bee
    • Wedding: April 2014

    We did, but we were okay with it.  It is what it is.  We already have a significant savings/house/emergency account , our only debt is our mortgage, cars/school and everything is paid off, so between our parents contribution and our wedding savings, we went a little over budget and dipped into the wedding gift money to pay off the balance, but it worked for us!

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