(Closed) Are you going into debt for your wedding?

posted 7 years ago in Money
  • poll: Going into debt to pay for wedding
    No, I haven't : (185 votes)
    79 %
    I have by $0-1,000 : (8 votes)
    3 %
    I have by $1,001-2,000 : (6 votes)
    3 %
    I have by $2,001-3,000 : (9 votes)
    4 %
    I have by $3,001-4,000 : (4 votes)
    2 %
    I have by $4,001-5,000 : (7 votes)
    3 %
    I have by >$5000 : (14 votes)
    6 %
  • Post # 32
    Member
    2692 posts
    Sugar bee
    • Wedding: November 2012

    Thankfully we won’t have to:  diligent saving on my part.  BUT I considered it in the beginning of planning: taking out a personal loan so I could pay things up front and faster.  However, we are doing it all ourselves and paying cash for everything: we don’t own credit cards. 

    Post # 33
    Member
    4099 posts
    Honey bee
    • Wedding: May 2013

    I said no I haven’t.. but I want to follow that with yet… We are trying not to, but we will have to see how things go…

    Post # 34
    Member
    5659 posts
    Bee Keeper
    • Wedding: August 2012

    We had a budget and I stuck to that, but in the end it was like oh get this, oh get that, and we ended up with a little bit of credit card debt. Nothing we can’t manage though so oh well.

    Post # 35
    Hostess
    11165 posts
    Sugar Beekeeper

    No way! My Fiance and I paid for our wedding (which sadly tripled in budget) but had planned an 18 month engagement to save up. We both refused to go into debt for the wedding.

    Post # 36
    Member
    286 posts
    Helper bee
    • Wedding: October 2012

    Nope.

    We saved up before getting engaged, and we aren’t touching our savings (FI is terrified that we will get pregnant right away and we will need that money for a baby LOL).

     

    Post # 37
    Member
    125 posts
    Blushing bee
    • Wedding: June 2013

    Our plan is not to. We have a certain amount that we are each putting away each month. His parents have nicely offered to cover the cost of some of the reception. However, if at the last minute we have to put some small things on a credit card it won’t break us. We will quickly pay those things off after the wedding.

    While I agree that it’s not smart to go into debt for a wedding sometimes things come up and it cannot be avoided.  Hopefully, we’ll have more than we need saved and will have money left for a honeymoon. We’ll see what happens!

    Post # 38
    Member
    1002 posts
    Bumble bee
    • Wedding: August 2012

    We did not go into debt. I absolutely hate owing money. We actually saved more than we needed to. More money for the house downpayment fund 🙂

    Post # 39
    Member
    433 posts
    Helper bee
    • Wedding: November 2012

    No, we are anti-debt. Luckily for us we are beach people so the destination wedding we wanted was priced very inexpensively.

    Post # 40
    Member
    549 posts
    Busy bee
    • Wedding: May 2013

    We are planning to save up for the whole thing. I have too much debt and don’t want anymore.

    Post # 41
    Member
    1291 posts
    Bumble bee
    • Wedding: January 2013

    Nope..no debt.. I do feel sick about how much we are spending for one day but it has all been gifted to us. 

    Post # 42
    Member
    2487 posts
    Buzzing bee
    • Wedding: October 2012

    I wanted to post something like this today beacuse I was wondering!

    Post # 43
    Member
    677 posts
    Busy bee
    • Wedding: July 2011

    No, we had a special account with $7000 in it that was a combination of savings and gifts from his parents and mine towards the wedding. Thats what we spent. I didnt go on a honeymoon until a year later to avoid going into debt while still having the wedding I wanted. We made a lot of sacrifices, for instance we couldnt afford a professional photographer and had my aunt do it, but we are lucky to live in a place where most things are fairly affordable wedding-wise.

    Post # 44
    Member
    5427 posts
    Bee Keeper

    No cash = No wedding!

    We are not going to have anything on credit for this, it’ll all be paid in cash or debit (which is basically cash but with $1,50 transaction fee! LOL)

    Post # 45
    Member
    63 posts
    Worker bee
    • Wedding: February 2013

    We live within our means… which is to say both my fiance and I are starving artists. By no means could we afford to go buck wild with our wedding. We have decided to keep things simple, small and fabulous!

    I seriously cannot imagine anyone spending 10, 30, 70 grand on a wedding. Personally it seems like such a waste. :/

    Post # 46
    Member
    196 posts
    Blushing bee

    I got a 0-Interest credit card for 20 months which we will have paid off well before the end of the interest-Free period. So we are not going into debt. Other cards I pay off every week when my paycheck arrives. 

    The topic ‘Are you going into debt for your wedding?’ is closed to new replies.

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