(Closed) How are you paying for the wedding?

posted 7 years ago in Money
Post # 3
Member
157 posts
Blushing bee
  • Wedding: October 2010

I had some shares to sell, some money in savings, and my parents are giving us some money. Hopefully having all the money already saved will mean minimal use of the credit cards. 🙂

Post # 4
Member
3219 posts
Sugar bee
  • Wedding: November 2010

I dont think taking out ANY type of loan (credit card, loan, line of credit) Is ok to pay for a wedding unless its no intrest and you can pay the TOTAL amount before the rate goes up. If my parents wernt paying we wouldnt have a wedding

Post # 5
Member
466 posts
Helper bee
  • Wedding: October 2010

We got some parental donations, used some of our tax refund, and also had a bit already in savings.

I think it’s a common trend (in my area, at least) to pay for the wedding with the monetary gifts you receive at the wedding.  That’s a big risk, though, and not something I want to depend on.

Post # 6
Member
831 posts
Busy bee
  • Wedding: September 2010

We’re paying for it from work paychecks and all my vendors offer payment options so I just pay a little each month and will have the entire wedding paid off on the big day.

Post # 7
Member
1498 posts
Bumble bee
  • Wedding: August 2011

My parents will be paying for the wedding.  Otherwise, we’ll be going to the courthouse to get married.

Post # 8
Member
642 posts
Busy bee
  • Wedding: July 2011

Our parents are giving us cash in installments leading up to the wedding.  That contributes to about 1/3 of our budget.  The rest is all on us, and we are paying cash for everything.  If we use a credit card, it’s only to earn rewards points, and we pay it off immediately to avoid financing fees.  I am a firm believer that a wedding celebration shouldn’t put you into debt.    

Post # 9
Member
877 posts
Busy bee
  • Wedding: April 2011

We’ve planned to pay for the entire wedding ourselves. We’ve started saving before we got engaged and should be comfortably in budget by the time we have the wedding.  If we get any help from our parents, then it will be a bonus, and will most likely be put towards our first home.

Post # 10
Member
1021 posts
Bumble bee
  • Wedding: January 2011

our parents are paying for most of it, but we are shelling out a few g’s. luckily, i have a 0% interest credit card that we put everything on so far (my parents are paying for almost everything that’s on the card now..getting the cash next month).

my zero interest is up in august, so im card shopping to find another one (i have excellent credit) and we plan to put everything else on that card. at the rate we’re saving, it will take about 4 months after the wedding to pay everything off, if we get zero cash gifts. we are okay with that.

i know some people think credit cards are the devil, but if you are careful and know what you’re doing, then it can be fine. if we wanted to not use the credit card, we would have to completely nix the honeymoon. not gonna happen.

🙂

edit: we’ve also already racked up $150 in rewards points..we anticipate another $450-$600 by the end of the wedding…and WE DON’T PAY INTEREST 🙂 i bet our credit card companies hate us.

Post # 11
Member
2379 posts
Buzzing bee

We’re paying for the entire wedding ourselves, which is one of the reasons we have a year and a half engagement. We save as much per month as possible so we can pay for everything in cash. 

Post # 12
Member
5774 posts
Bee Keeper
  • Wedding: May 2011

My mom gave us about 1/3 of our budget, his mother took a loan against her 401k that we are paying her back for, I also have enough disposable income to buy things as we go along and we should both get decent enough bonuses next February to pay for the honeymoon in cash

Post # 13
Member
543 posts
Busy bee
  • Wedding: November 2010

I’m with a few others. My parents are paying for it. And if they weren’t.. courthouse we would go!

Post # 14
Member
2271 posts
Buzzing bee
  • Wedding: August 2009

I paid for the wedding, reception and pig roast while hubby paid for the honeymoon. I worked on it bit by bit, making several purchases with every paycheck. I hunted and scoured the net for the best prices.No loans, and nothing was put on a credit card. But then again, the wedding, reception and pig roast came in at a little over 5K.

Post # 15
Member
3564 posts
Sugar bee
  • Wedding: August 2010

Our parents and us are paying for it…but I don’t get people who can pay off the wedding after it takes place (unless they mean by using credit cards…). For us, all our payments are due before the wedding or on the day of. So we don’t have the option to spread it out over a longer period of time.

Post # 16
Member
988 posts
Busy bee
  • Wedding: August 2010

Our parents are giving us $5,000 each. We are paying for everything else with savings and paycheck to paycheck. our wedding, with honeymoon, and rings will cost us around 25,000. So we are kind of proud of ourselves for coming up with 15,000 all on our own and with me being unemployed!

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