(Closed) Did you make a profit from your wedding or was it a wash?

posted 11 years ago in Money
Post # 17
Member
1915 posts
Buzzing bee
  • Wedding: July 2011

@magilnyc: I don’t think you need to jump to be defensive and call her comment “annoying” like that; it’s actually pretty rude. It’s a valid point.

If you can’t afford the kind of wedding you want without your guests subsidizing it, you should scale back.

Post # 18
Member
598 posts
Busy bee
  • Wedding: April 2011

@magilnyc: Well, I asked because who asks about making profit at a wedding?  Then says “we are screwed” in the next comment (i.e. not making a profit).  I’m shaking my head at those comments to be quite frank.

Post # 19
Member
1392 posts
Bumble bee
  • Wedding: July 2011

One of the girls I work with paid $10,000 for her wedding and got $6,000 in gifts.  I was floored at the gift money.   They were both older, with a house already, so everyone gave them cash.  I think she had 110 guests.

Post # 20
Member
354 posts
Helper bee
  • Wedding: May 2011

Since we are lucky enough to have everything paid for the wedding and no debt. It would be nice to make some money but, allot of guests are coming from out of town and i am just glad they will be here and don’t really expect gifts from them all.

Post # 21
Member
3856 posts
Honey bee

Maybe I’m the only one, but I don’t think we really added it up or counted at the end. 🙂

Post # 22
Member
725 posts
Busy bee
  • Wedding: September 2010

We made a profit, but we had a mixture of things that went into this. Our parents paid for our wedding (very generous and we are very grateful!) and we did not register so we got 99% cash. We spent some on the honeymoon and some on furniture for our house. The rest went into a savings account that we will hopefully not have to touch for a very long time!

Post # 23
Member
2294 posts
Buzzing bee
  • Wedding: October 2010

I didn’t really care.  I just wanted people there to celebrate with us!   To answer your question, our wedding was ~$6K and we got about $1400, so nope.  Not a wash and no profit.  And yet I was thrilled with the generosity my friends and family showed!

Post # 24
Member
1753 posts
Buzzing bee
  • Wedding: August 2010

@ddw:

In Chinese families it is very common to note down what each family gives as a gift so that in turn when their kids get married we will give them the same amount + inflation.

We typically have “greeters” that sit by the receiving area receiving wedding gifts, usually red envelopes. The greeters then note on the envelopes whom’s it was.

So, technically, it is not a profit because we will be giving that cash gift back out in years to come. 🙂

Post # 25
Member
1076 posts
Bumble bee

I agree its bad news to go into the wedding with unmanageable debt and hope for money to cover it. I don’t think it says that you are greedy but it does say that you aren’t managing your money well.  No judgment as to character, but I do think you should consider scaling back if you cannot afford it.  You just can’t bank (forgive the pun) on anything, especially in this economy.

Post # 26
Member
2933 posts
Sugar bee
  • Wedding: May 2012

We’ll be making a ‘profit’, but only because we aren’t paying for 95% of the wedding.  My family insisted on paying for the wedding and gave a lump sum.  I refuse to spend all of it, so my fiance and I will be paying for some items on the list.  We’re inviting 160 people, aiming for 140 to attend.  We already have a home and established lives together, so I’d imagine if people bring gifts it’ll be in cash form. 

Now will we get back what was spent on the wedding as a whole?  Absolutely not.  Every person invited would have to give $156.50 to break even… and that definitely isn’t happening.

Post # 27
Member
3260 posts
Sugar bee
  • Wedding: June 2013

We doubt we’ll break even, but if we can get close we’ll be happy.

Post # 28
Member
2294 posts
Buzzing bee
  • Wedding: October 2010

@ddw:  We noted it only so we could make sure the right amount appeared in our bank account after we deposited it and so we could write personalized thank you cards (not with the amount, but to thank them for the cash or check or gift card specifically).

Post # 29
Member
1408 posts
Bumble bee
  • Wedding: March 2012

@BackyardLoveBird: I don’t think the OP asked for comments about whether or not you agreed with “making a profit” or anything like that (meaning this isn’t a post asking for opinions), so maybe you should’ve skipped over this post. I’m totally not meaning to sound rude or anything towards you either…I’m just saying that unless the poster requests opinions, then you probably shouldn’t comment if you don’t have anything constructive to say.

Post # 30
Member
3230 posts
Sugar bee
  • Wedding: October 2009

I never thought about it this way, but now that I think about it, a friend of me told me in terms of cash gifts, they got almost half of what they spent.

For us, nope, prob got about 15%ish, I guess.

Post # 31
Member
1128 posts
Bumble bee
  • Wedding: April 2011

Omg, it would be so nice to get even half back, but I highly doubt it.

The topic ‘Did you make a profit from your wedding or was it a wash?’ is closed to new replies.

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