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We both make equal amounts of money, and we share a budget. So the way we've set it up, he pays for a lot of day-to-day expenses, whereas a larger portion of my pay goes in to long term expenses like savings. This is pretty much how we save for anything.
Fi is paying for the honeymoon, which I never count in actual cost. The HM will cost almost half of the cost of the wedding ($5000!), but it is money he already has (he's in grad school and working just enough to pay living exp.)
I am saving up for the wedding (about $3000)to contribute to what my parents are giving us, and trying to save up for life together. We are both young and have little savings!
We both save for our honeymoon and wedding together. I happen to make twice as much as he makes so I put in more of my salary. At first, it was a problem, but when I told him it was our money anyway, that we were both spending it, he finally came to terms with the fact that I could put in more then him.
We're going half-sies. He does more of the actual saving though -- he makes a lot more than me because he has a real job and I have a grad stipend. My contribution is mostly coming from what I already had in savings. In the end it doesn't make much difference. It's 'our' money now.
The mony in my savings will go to towards the wedding, his savings are going to my engagement ring, our wedding bands, & honeymoon. In terms of the dollar amount we're pretty much going to end up spending the same amount total. What I love though is that ever since we got engaged we really are watching what we spend: he saves beer money, I save shoe money :)
Technically, I save a lot more for our wedding. But, he pays the mortgage and the bills (we live together). And, he's put more money into our upgrade-our-house-fund. So, it probably comes out about even.
I picked "equally" since we are both kind of tight with money and the wedding money is coming out of joint savings account that's also for vacations and a house downpayment.
PS: You might want to either re-word the 'he' and 'she' or add an additional category for same-sex marriages.
Bride2.jpg (41.2 KB, 34 downloads) 2 years old Bride1.jpg (108.1 KB, 32 downloads) 2 years old BeachWedding2.jpg (29.3 KB, 35 downloads) 2 years old BeachWedding1.jpg (36.6 KB, 34 downloads) 2 years old
Sakopro, thats a good idea, but I don't know how to change/edit poles?
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My fiance and I are saving for our wedding. We set up an account and we both put in money every month. It is about 50-50, if I have extra one month, I put it in, if he makes his bonus, he puts it in. We both work really hard at saving together.
On the other hand, I have friends, who are females and they tend to be doing the bulk of the savings, because they want the big wedding more. I also have another female friend who's fiance will be doing most of the saving.
I know people save certain ways for different reasons, but I was wondering, what is the most common way of couples saving for their portion of wedding costs? (not including parent contributions or others)