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

posted 11 years ago in Money
Post # 63
Member
293 posts
Helper bee
  • Wedding: June 2011

My Fiance is Korean and its customary in their culture to give money and lots of it.  Itll be interesting to open our “glued” card box after the wedding LOL.

Post # 64
Member
32 posts
Newbee

One of my closer friends shared every detail of her wedding and she said they profited. They had relatives come in from overseas and her groom’s friends where all doctors and surgeons so they were quite generous. The bridal party alone chipped in together and gave them about $2500. Not bad for a $15K wedding.

Post # 65
Member
4107 posts
Honey bee

i am definitely in the hole from my wedding.  So far when i calculate the monetary gifts, wedding items purchased by my mom/sister, and the fact that i already made an advance sale of my veil, i have made about $2100.  My wedding including EVERYTHING is costing me close to $15 000.  So unless our guests suddenly give $13 000 combined (which i don’t think is possible), I am definitely NOT profiting from this.  Well, what i “profit” is a beautiful wedding, beautiful pictures, beautiful memories and 10 days in Jamaica!  I am even pleasantly surprised that we got $2000 already.

ETA: i was about to send this, but read some replies and saw that this topic has potential to get heated.  I didn’t think i needed to clarify that i am not getting married to make money!  unless you are a gold digger, who is?!  I was just answering the question.  FI and I are grad students, so every gift we have gotten so far has thrilled me!  but OBVIOUSLY not the motivation behind the wedding!!!!  

Post # 66
Member
1616 posts
Bumble bee
  • Wedding: July 2010

Not even close to breaking even … but that isn’t the point of having a wedding now is it? I had a great day, and wouldn’t have done anything any different. We were just glad to have those who were able to join us to celebrate.

Post # 67
Member
4107 posts
Honey bee

oh and every gift i have received is a pleasant surprise because we are having a Destination Wedding, so i certainly was not expecting gifts from the people who are already paying so much to attend.  And now that i think about it, the gifts we have received are from those not attending. well, not totally true, because i am couting my bridal shower and my family and BMs who are attending the wedding contributed at the bridal shower!

Post # 68
Member
1741 posts
Bumble bee
  • Wedding: July 2011

If we get 1/20th of it I’d be surprised.

Definitely not going to make anything off this party!

Post # 69
Member
2208 posts
Buzzing bee
  • Wedding: November 1999

I definitely didn’t thnk I was going to make a profit because we paid about 90% of the wedding on our own.  I was very surprised how much cash/gifts we got, though.  My guests were very generous. I was still able to pay off most of the money I borrowed from my brother, which was great!

Post # 70
Member
6980 posts
Busy Beekeeper
  • Wedding: February 2011

haha seriously not close. Not counting the honeymoon, rings, or rehearsal dinner… we paid about 8k, my parents paid about 8k… and we “made” $4,500. 

Post # 71
Member
107 posts
Blushing bee
  • Wedding: February 2012

My younger brother worked as a bankteller when he was in college (Central Florida) and he said that he deposited checks for newlyweds several times (and it took like 20-30min to do so… lol) and it ranged anywhere from $1,000 to $10,000.

It simply depends on what kind of guests you are having… if most of your friends are in their 20’s, then don’t expect much.. since it’s very likely that they are broke…. LOL but if they are a little older, more established finacially, then it’s a different story.. 🙂

Just don’t count on the money!!!!

Post # 72
Member
2297 posts
Buzzing bee
  • Wedding: October 2009

We didn’t come close.  I think if you make a profit, it’s typically from generous older relatives.  Since I was 56, there weren’t as many relatives who were “older.”

However, that was definitely not the intent for us, anyway.  We knew that many of our friends would not be in a position to give gifts.  And we much preferred that they come and not give gifts than that they stayed home out of embarrassment at not being able to give a gift.

Post # 73
Member
135 posts
Blushing bee
  • Wedding: May 2011

I know we wont, half the people coming are our friends (mostly mid to late twenties) and a lot of them are broke, some unemployed or recently laid off and the current situation with the economy isn’t helping (especially in the area where we live!)

 

I don’t think its wrong to ask though and people should not accuse others of having a wedding to make a profit. Even IF you somehow made a “profit” think about how time and effort you spent planning. Working for minimum wage would be more profitable. 

 

 

Post # 74
Member
3674 posts
Sugar bee
  • Wedding: February 2010

My parents gave us a certain amount of money to spend or save as we wished. We only spent half, so we were able to make that plus gifts. We were very lucky!

Post # 75
Member
1123 posts
Bumble bee
  • Wedding: June 2011

We’re hoping to make half. We’re spendingabout 22k. In pre-wedding gifts (our parents helping pay as gifts and an uncle giving us his gift), we’re at about 4k, so maaaybe we can make half if we’re lucky! Our wedding is paid off though so it doesn’t really matter, we’re just hoping to buy some furniture after the wedding!

Post # 76
Member
3441 posts
Sugar bee
  • Wedding: August 2010

We got about 40% back on the food and alcohol cost. However in regards to the total overall cost of the wedding including vendors and all of the extras, we got 25% back of what we spent.

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