Post # 1
I was in the bank today and the lady that was next to me was taking out a loan for her Wedding. She looked over and said. ” I like your ring, when did you get married?” I told her and she said ” congratulations”. Then she told me, she was about to take out a 80,000$ loan for her wedding day O_o! I didn’t know what to say other than congrats on your up coming wedding… I got my money and left.
so the question is.. Is have a big over the top wedding worth going into debt for?
Post # 3
No way! I put a teensy bit of wedding expenses (less than $500) on a credit card and I even regret that!
Post # 4
Absolutely not! I spent $4000 on my wedding and that still felt like way too much lol. I was so happy with how our day turned out and even more happy that I didn’t have to pay off any debt from it.
Post # 5
Wow.. that’s a lot of money. Weddings are a special day and all.. but not worth going into debt like that!! We had a very intimate wedding, beautiful venue, and didn’t spend more than a couple grand. To me, it’s just not worth all of that. Sometimes I think people get way too worried about the nit-picky details instead of the most important things.
Post # 6
Hell no! Starting off a marriage with an $80K debt for a party is not a good move.
Post # 7
Holy hell! $80k? You should never go into debt for a party. Why would you want to start off your married life with 80k of debt? WHY?!
Post # 8
That is CRAZY…I would never take out a loan for a wedding!
Post # 9
That is absolutely crazy!!
Post # 10
OMG that’s like more than Darling Husband paid for our house. Holy crap .. for one party for one day? That’s crazy.
Post # 11
no way! it’s acceptable to take out some money for a wedding if you really need to. but $80,000!? some people are just crazy!
Post # 12
i am stressing about $60,000 of loans for grad school… no way I’d get $80,000 in debt for my wedding!!!!
idk… crazy to me, but maybe my meager $15K affair is crazy to her?
Post # 13
We budgeted solely based on what we could pay cash. Of course we’re charging stuff to our credit cards but we can pay them off right away. We’ve never been in debt and don’t plan on starting to be now all for one day!
Post # 14
- Wedding: June 2013 - Country Club
Woah, are you serious? I can’t imagine spending $10k on a wedding, much less the $6k that was given to me as a wedding gift. o.O
Post # 15
seriously? an $80,000 loan just for a wedding? is she crazy?
i hate to say this but that couple will still be paying off their wedding after they are divorced. with that type of financial stress in a new relationship you can already see one coming.
my rule of thumb has always been, if you can’t pay cash now, you can’t afford it.
Post # 16
Yes and no.
I think a wedding is worth going into some debt for but no 80K work of debt!
I planned the cheapest wedding that I’d be happy with. It was double what I thought it would cost and in the end I wouldn’t do it differently. I also ended up tapping into an equity line of credit – but was able to pay it off quickly.