Post # 1
$$ in savings (excluding wedding gift money and retirement): approx. $2,000
Just thinking about that is a real bummer!
After the wedding and honeymoon are over what will you have left in savings? (excluding gift money from the wedding and retirement savings)
Post # 3
Don’t want to talk about it LOL!
Post # 4
lol We had $0 left after the wedding and honeymoon but thats usual for us. We save our money for a vacation each year so it’s save to spend for us.
Post # 5
Oops! Mods, please move to “money”
Post # 6
Our wedding is going to cost about $12,000 total, so we’ll probably have about $90,000 left in our savings when the wedding’s all over and done with.
Having said that, though, we’re most likely going to be buying a house sometime this year, so there’s a good chance we might have to forgo a honeymoon
Post # 7
If I’m just counting the savings that we actually use 10,000 … We have money in other accounts that we don’t touch! we’re buying a new SUV for me after the wedding so some of that money will go for a down payment!
Post # 8
But we didn’t have any when we started, so we’ve done FANTASTICALLY well to not go into debt.
If anything, this wedding has shown us just how much we can save and so we will be saving up again once the wedding is over.
A deposit for a house isn’t a priority for us at the moment, so we’d rather go on a kick-ass honeymoon than let it sit there in the bank for a while.
Post # 9
On the bright side, we also have no debt besides the mortgage, my student loan, and a small amount on one of his credit cards. It’s always been that way for us… no savings, no real debt (besides the necessary mortgage and student loans).
Post # 10
Do you think it has to do with the cost of living in the UK? Hardly anyone I know has savings in their 20s yet almost all the girls from the US on here do!
Post # 11
@maganda: I will probably be broke!! Which is pretty overwhelming……so I don’t want to talk about that anymore!
My planned budget was 12K…….and I can see us coming in at around 15K. So, we are not doing real well with $$$$$.
Post # 12
we might have about 4,000 after its all done.
so hopefully we all get some good wedding $$$$
Post # 13
We will have about twice what the wedding cost in savings; which, in reality, will become a downpayment on a house… so hopefully after that, we’ll have something.
Post # 14
Amount left in savings: $8
But we spent all that in moving to NYC and getting our first apartment here. We’ve done ok, though, and now we’ve got $4K saved up.
Post # 15
Probably not much. I’m actually going into about $2000 of personal debt for the wedding, mostly due to a short engagement. My Fiance has a very large savings account so I feel secure. I also feel like I can pay off my wedding debt this year so I’m not concerned about going into temporary debt, although I see its a big nono on the Bee. We will combine finances and my personal monetary responsibilities will be lessened after we’re married. Can’t wait! :). LOL
Post # 16
We will have about 63% of our annual salaries in cash savings and a little over 3x what the wedding and honeymoon cost. But, he didn’t dip into any of his savings for the wedding and I took some of mine but still left a big chunk. We’re also 28/29 with professional jobs, I just sold my condo (all debt is permanently paid off and we are renters for awhile), and maintaining a big savings is important to us.
About 25% of the savings will be allocated to emergency fund, 15% to eventual car replacement for me (several years down the road still I hope!), and then the other 60% is towards a home. We are hoping to pay cash for a house in a few years once we pick the city we want to live in long-term or at least take out a tiny mortgage that can be paid off in a couple I years.