Post # 1
Will anyone be going into debt after the wedding & honeymoon? How much do you feel is normal to start your life as a married couple?
My fiance and I have been saving and my parents are paying the majority but it seems that after all the wedding expenses, honeymoon, and flying my fiance’s family from Africa….we will still be around in some debt and it is stressing me out!
Post # 3
We had zero debt. We don’t believe in buying things you don’t have the money for up front. If we couldn’t have afforded our wedding, we would have eloped or scaled back. There are too many other more important expenses in life – a home, emergency funds, retirement, kid’s college, etc etc, that take precedence over paying for a party in our minds.
Post # 4
Me personally, I’d never go into debt for one day. Just couldn’t do it. I’m already irritated at the small amount of student loans Fiance and I have to pay back. He also has a little bit (less than 2K) of personal debt that stresses me out. Anyways, like I always say on the “debt for wedding” posts…I couldn’t do it.
Post # 5
I agree with PP, i am one with “spend within your means”. WE had the wedding paid for in full and 0 balance on our cards when we walked down the aisle…there was NO WAY i was going into debt for one day.
Post # 6
We budgeted so that we wouldn’t be in debt at all after the wedding. I think we will actually be on the plus side because my grandma let it slip that despite it being a destination wedding and us not asking guests for gifts, we will be recieving money from a few family members. If we do spend too much while we are away I think it will be all covered and then some 🙂 I couldn’t imagine taking a loan or anything to pay for the wedding.
Post # 7
If my parents hadn’t given us the money they did for the wedding, then we would have just had the civil ceremony.
Post # 8
technically I think we wil, as in we put everything on our CC to get the points (as much as possible anyway) so we will have a bill to pay afterwards, but we always pay down to 0 so its not a bill we cant afford.
Post # 9
We don’t plan on spending money on anything we don’t have cash for immediately. Going into debt to host a party for everyone else is just not worth it to us!
Post # 10
Exacty what the others said, not going into debt for a one day affair when our marriage needs to last a lifetime & will be challenging enough without additional money issues.
Wwe set a budget & vowed to stay within it regardless of what we wanted versus what we could afford. Thankfully, we were able to afford pretty much what we wanted, but if not, we would’ve made some cuts or scaled things back to fit the budget.
However, doing something as special as flying in his family from Africa… I might have been willing to go into some debt for that. It sounds like a once in a lifetime opportunity and I think you will all truly cherish that for years to come.
Post # 11
Yeah, that is what I feel too….his family has never been here and I have never met them so that to me is worth it. Also, my FI’s best friend is getting married the month after us in Malaysia so we are taking a two week trip there and spending sometime on our own for our honeymoon so there is definitely more than just the wedding. I wouldn’t go into debt for just the wedding…
Post # 12
We wont be in any debt FROM the wedding or honeymoon, as we waited 2 years to save up and completely pay for it! The only debt we will have is my student loans, which are getting paid off
Post # 13
I agree with you that it’s worth it to fly your FI’s family out and also to go to your friend’s wedding, but consumer debt is just awful. (I’m assuming it’ll be credit card debt.) I’d take a good look at where you can cut back in other areas, if possible, so that you can pay outright for the FILs’ tickets, etc. Anything to avoid that debt.
Post # 14
Oh, geez. I voted in the wrong category. I picked “0-2500” thinking “oh, 0! That’s us!” and I guess I should have picked “none” based on my thinking about consumer debt.
Then I realized I was way off anyway, since I’ll still have a mortage, but I’m guessing that’s different than the question you’re asking? I’m also going to be chipping away at grad school loans after the wedding; I’m in school right now so it’s just accumulating but hopefully they won’t last too too long. We’ll see…I’m not exactly in a high-paying field.
Fiance knows I’m in grad school and it was a mutual decision for me to go back to school, so I don’t feel like that’s starting our marriage on the wrong foot. I don’t have undergrad debt and my grad school is about 50% out of pocket and 50% loans, so it could be worse.
Post # 15
We will be able to pay for most things out front….hopefully everything if we buckle down now but it seems like there is just so much at one time…ugh!
Post # 16
We are paying ourselves and also DIYing ourselves. Our budget going in was $5k, and now as we get further along, it is easier to project how we’ll do, and at this point, I really think we’re going to come in right on target. Also, we plan to sell our DIY stuff like linens and vases and also my dress afterwards, so we should come in very well under budget in the end. I am sooo thrilled.
We have enough student loan debt already. We are looking to get me a new vehicle within the next few months, and we want to start saving for a house. There is absolutely NO aspect of a wedding I can think of that I would want more badly than paying for those things, which are bigger than one day.