(Closed) How on earth do people afford such expensive weddings??

posted 6 years ago in Money
Post # 3
Member
9549 posts
Buzzing Beekeeper
  • Wedding: August 2013

If you’re paying that kind of money for a wedding, I doubt you’re taking out a loan. Some people just make a lot of money. Or inherit a lot of money. And are willing to spend it on a wedding. But it’s all a matter of perspective. No matter how much you spend there are likely to be some people flabberghasted that you spent that much on a wedding and other people flabberghasted that you were able to do a wedding for that little.

Post # 4
Member
2743 posts
Sugar bee
  • Wedding: October 2014 - Disney

Not sure either. I refused to pay the ammount it was looking like my wedding would cost for 80-100 people. So we’re doing a destination wedding with 10 days at disney for about half to 2/3s that cost for 20. Atleast I dont have to worry about anything now, I get a vacation, and I dont have to invite people I dont want to for political reasons :D.

Post # 5
Member
3092 posts
Sugar bee
  • Wedding: June 2013

@SweetBug:  She spends mommy and daddy’s money for a living?? JK!!!

Post # 6
Member
8882 posts
Buzzing Beekeeper

@SweetBug:  I find a lot of the brides (not all of course) that they show on tv tend to come from wealthy families.  I would never dream of spending that much on a wedding.

I was blessed, my parents paid for our wedding. I kept buying things and they would try to pay me back. I kept offering money and they refused.  In the end we had a beautiful 25K wedding. Even if we were rich and had an unlimited amount of money, I don’t think I would have spent a dime more than what was paid.

Post # 7
Member
418 posts
Helper bee
  • Wedding: March 2013

People do take out personal loans to pay for weddings. Why you’d want to begin your married life in debt is beyond me. I personally am not interested in paying anywhere near what it cost for me to get my degree for a party for a few hours.

Post # 8
Member
2743 posts
Sugar bee
  • Wedding: October 2014 - Disney

@Lyndzo:  Your total was what I was tabulating before incidentals we figured actual cost would close in between 27 and 30k. Thats why after 5 months of my head exploding over costs and my realities that a house was more important I shut that show down. Sorry extended family you arent invited I’m not allowing all of you to make my wedding day an RA flare from hell and my house purchasing get pushed back another 12 months. Off to Disney we go for a honeymoon and a wedding for half that!

Post # 9
Member
3415 posts
Sugar bee
  • Wedding: September 2014 - Lodge

Fiance and I are paying for this ourselves and I about had a panic attack writing a check to pay for my dress. It was actually my 2nd dress and put me almost $2000 over my dress limit. UGH. But I keep telling myself that we’re saving money in a lot of other areas of our wedding so I can splurge on my attire. If I had the money though I’d definitely buy a $6000 dress even though I usually scoff at brides who do spend that much. But I fell in love with a dress WAY out of my budget…sigh. I think that’s all I would splurge on though and only because it would fit in perfectly with my vintage/rustic wedding.

Post # 10
Member
491 posts
Helper bee
  • Wedding: July 2014

I don’t know how people afford weddings, period. haha…. 

100k, 50k, 25k, 10k, 5k, we’d have to take out a loan for all of those numbers! I would never, ever though. To save 5k would take all of our effort for many years, and a car break down or a sick dog would quickly derail us. We make well over minimum wage, our rent isn’t crazy unreasonable, and we live very consciously and simply, so I don’t know how you ladies do it – seems magical to me! Good jobs! We’ll be doing a little courthouse wedding and taking our immediate friends and families out to dinner after 🙂 

 

Post # 11
Member
9954 posts
Buzzing Beekeeper
  • Wedding: December 2012

As others have said…

Personal Finances can be all over the spectrum (and they are personal, so not everyone is going to tell everyone else their financial business)

Everyone is different.  Some people have Weddings they can easily afford… others save up ahead for them (lol some Bride’s Families from the day the baby girl was born… other Brides & Grooms for years), and there are certainly some folks who go into debt for the whole she-bang, or certain aspects that they deem important to them (such as a Designer Gown)

Weddings can be quite nice no matter what budget folks have to work with… it all about having “personal style” IMO

At my age (over 50), I’ve been to dozens of Weddings in my lifetime… all have been different, and all have been quite nice no matter what the budget was

As others have said…

I’ve noticed that the gals who go to Kleinfelds in general either come from money, or have seen ST2TD on Tv and have made the choice to go there for the whole “Kleinfeld’s Experience” and pay whatever is required to do so.

In the end there is no RIGHT or WRONG… just folks making a bunch of different choices.

 

Post # 12
Member
2959 posts
Sugar bee
  • Wedding: May 2014

Beats me! Either they have parents paying for the wedding, or the couple makes lots of money! OR they incur lots of debt. My niece took out a 60K loan to pay for her elaborate wedding and now she regrets it as now they are paying on the loan, a mortgage, child care for the baby and they do not have 2 nickels to rub together. If you can afford the whole nine yards, fine. But to rack up mounds of debt to have a dream wedding is a piss-poor way to start a marriage!

Post # 13
Member
8041 posts
Bumble Beekeeper
  • Wedding: December 2013

@SweetBug:  Well the people who pay that much are likely rich. If you can get a lot of help from the rich parents then why not?

What baffles me is that the US average cost for a wedding is $27K. That is nuts to me. It’s one freaking day!

I know a lot of couples get into debt for the wedding. Some save, some get help from the parents.

I guess to me unless you don’t have to struggle to afford it, it’s way too much to spend on one day. For most people it would be better spent on a down payment for a house or even a new car. Weddings go by so fast and it’s awful when couples start their marriage off in debt.

We could afford a big wedding but we are opting not to. Money is going into the rings and honeymoon 🙂 I wear the ring forever and a nice trip = better memories than one rushed day.

Post # 14
Member
786 posts
Busy bee
  • Wedding: September 2014

When all is said and done, our wedding will cost about $45,000.  How are we saving for that?  Very luckily, my FH has a great career that he has been working in for 8 years already and makes a very good living so he works as much overtime as he can and we try not to go out or spend money on things that are not worth the cost.  We’re also going to engaged for over 2 years so we are taking that time to save up.  If we were not so financially stable we would NOT be spending that much money, I think people need to spend what they can afford without going into debt for it. 

Post # 15
Member
3624 posts
Sugar bee
  • Wedding: September 2012

I cannot imagine taking out a loan for the wedding. I don’t believe in spending more than you can afford in general though.

That said, my parents paid for our wedding. But it still wasn’t anywhere NEAR what you see on TV! Those people are either really rich or just spend a huge percentage of their savings and/or income on their wedding.

Post # 16
Member
6221 posts
Bee Keeper
  • Wedding: August 2013 - The Liberty House

Some people just have a lot of money. Our total wedding will probably come out to around 80k. My parents are paying for the wedding and FI’s parents will probably chip in, but my FI’s father makes more in a month than he makes in a year, and my mother also makes a ton of money. Some people just want to be that extravagant (not me!) and do so.

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