(Closed) Using money from the wedding (or events) to pay for wedding?

posted 8 years ago in Money
Post # 5
Member
647 posts
Busy bee
  • Wedding: June 2011

Well… then you should just be proud of yourself that you took the responsibility to plan the wedding you could afford and not be dependent on the possibility of gifts to help you pay it off!  I’ve never heard of this (at least in American culture), I have always heard that any gifts (cash or otherwise) were to help the couple begin their new life together, not to pay off a party they couldn’t afford.  People being irresponsible with money they didn’t have is what led to this economic downturn, so of course you should be planning a wedding only with money you have!

Post # 6
Member
2205 posts
Buzzing bee
  • Wedding: June 2009

Wow, I can’t imagine relying on wedding income to pay for the wedding…what happens if you don’t ‘get what you need’?

I guess it comes down to the gifts being gifts, not payments for your wedding!  You shouldn’t plan on them!

It is a little crazy that your coordinator said that–she must have encountered other brides where that’s the case?

Post # 8
Member
1813 posts
Buzzing bee

we didn’t have all the $ when we started planning, but we were able to pay off the wedding a month after…luckily my credit card lets you carry a balance for free the month you get married

we WOULD have been totally fine, but my hubs needed a major car repair we hadn’t anticipated during our 6 mo. engagement

Plus, sometimes there are last minute, unanticipated expenses, so I think not having enough $$$ is risky.  What if you had to carry a credit card balance w/ interest?  <shudder>

Post # 9
Member
304 posts
Helper bee
  • Wedding: May 2010

I think it depends on the culture.  In chinese culture, you get cash, and generally a fair amount, so you can make money on the wedding, especially since the traditionally chinese reception is done family style at a chinese restaurant.  (My mom says that it usually costs about $1,000 per table of 10) 

We probably will not make money on the wedding, but oh well!

What we haven’t decided is whether or not we can use cash gifts towards wedding costs….

Post # 10
Member
2476 posts
Buzzing bee
  • Wedding: June 2010

Yeah, it’s typical in many Asian cultures to receive red envelopes with cash as gifts.  My family is Chinese so we may get a few envelopes, but I’m certainly not banking on making a profit off my wedding, lol!

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