(Closed) Just curious…what are your thoughts on weddings and budgets?

posted 7 years ago in Money
Post # 17
Member
7776 posts
Bumble Beekeeper

A couple should spend what they are comfortable with. Period.

Post # 18
Member
143 posts
Blushing bee
  • Wedding: January 2013

@phoenixandstars:  I agree! We also are having a long engagement to save up. We’re spending a little more than we first expected – getting married in San Francisco is expensive!! However, we’re paying for it all in cash so I’m OK with it. 

Post # 20
Member
7310 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

I think that if you (general) need to rob your own retirement account to pay for the wedding, you really can’t afford your wedding. I also think that such a move is short-sighted, foolish, and indicative of a a lack of maturity to see the big picture and plan for long term stability. If my partner asked me to do that, I would seriously reconsider whether or not marriage, and tying together out future and finances, is the best idea.

Post # 21
Member
2401 posts
Buzzing bee
  • Wedding: September 2013

Would NEVER EVER go in to debt for a wedding. I felt bad for taking out $500 on my credit card for my dress and I insantly paid it off. We are having a long engagement (22 months) so we can afford the wedding we want. 30k budget with 12 months to go means we’ve had to sacrafice about 80% of all my paychecks. 

And we’ll do the same for when we purchase property or decide to move overseas. We will save wisely and be realistic about our timeline. 

Post # 22
Member
701 posts
Busy bee
  • Wedding: June 2012

I think you should only spend what you can afford, that said, we had $2200 manageable debt after our wedding, so we did take on some debt. We saved for a year before the wedding and used that amount as our target budget. We went as cheap as possible while still maintaining the major things that make a good wedding. We did not have everything we wanted because some things were simply not in the budget.

Post # 23
Member
11381 posts
Sugar Beekeeper
  • Wedding: December 2010

@MissBoPeep:  This.

Our wedding was under $1000. It was exaactly what we wanted & exactly what we could have afforded at that time.

Post # 25
Member
1685 posts
Bumble bee
  • Wedding: August 2013

To me, personally, it would feel like we had lost sight of the most important thing about our marriage — our future together — if we jeopardized our future financial security, retirements, etc. to throw a party for our wedding.

Post # 26
Member
205 posts
Helper bee
  • Wedding: March 2013

I think it’s a horrible idea to go into debt to pay for your wedding. People get so caught up in planning the “perfect” wedding that they forget the wedding is only day one of your marriage. 

 

Post # 27
Member
124 posts
Blushing bee
  • Wedding: May 2012

My husband and I were engaged for 18 months so we could have the wedding we wanted, and so we could afford it! Everything was paid in full as of the wedding day – considering it’s one day, and really more like 5-6 hours (ceremony + reception), it’s crazy to go into debt for that! Going into your retirement fund is just nuts!!

Post # 28
Member
1114 posts
Bumble bee
  • Wedding: November 2013

Fiance and I are having a longer engagement partly to save up for the wedding. We don’t plan on going int debt for it. We will probably have to dip into a separate savings account we have set aside for a down payment on a new house (FI owns a house, with a small morgage left, we plan on buying a new, larger house within a year or two of getting married). Our plan is to put that off until as late as possible, and via word of mouth (and having just a small registry) let guests know we prefer cash to help with the down payment on a new house. Anything we take out of the house account will be replaced with any cash gifts we receive at the wedding (and then pretty much whatever else we get will also be added to the house account as extra). With the amount of equity Fiance has in the house, we won’t NEED the house account, it’s just there to help reduce our mortgage on the new place. If we have to deplete it all and can’t build it back up, we’re fine with either taking out a slightly larger mortgage for the house or delaying a move a bit to build the account back up.

On a side note, we’re having a big budget (for our area) wedding. We’re looking at about $45,000. My parents are contributing $10,000 towards the wedding for us to spend however we wish, then have given me a $4,000 budget for my dress/veil/accessories, as well as pre-wedding pampering and my day of hair and makeup. My mom did say though that if we go a little over the beauty budget it wouldn’t be terrible, as long as the dress is reasonable (ie: If I blow $3,500 on a dress, then I’d only have $500 left for pre-wedding pampering, but if I spend $1,500 on the dress, and between shoes, hair trial, veil, makeup, and a mani/pedi/waxing etc for the wedding we spend $3,000 it wouldn’t be terrible, so long as she gets to come with me to any spa appointments).

Post # 29
Member
594 posts
Busy bee
  • Wedding: April 2013

@Mrs.Lotus:  

Majority of women in this country want that status wedding. It’s a shame. 

 

 

Post # 30
Member
235 posts
Helper bee
  • Wedding: September 2012

We are on a no-end-in-sight tight budget so swinging a wedding at all is not easy for us. Our original plan was to elope at the home of our officiant (which would have cost a total of $100- marriage license included) but then my mom offered to pay for our mini-moon if she could be invited. Not willing to pass up an opportunity to spend 3 days completely alone in the same town where we were engaged, we decided to put on a small wedding.

We are paying for it all ourselves. It will be a small, backyard ceremony with a BBQ/picnic reception and, of course, cupcakes. No music or dancing. Nothing fancy, just 20 of our closest friends and family. My dress cost $24 actually.

So we’re making it happen but it is a bit of a strain on the checking account. Not that we can’t handle it, it’s just going to be tough for these next 2 weeks leading up to the wedding, but other than my credit card (which only has a $1,000 limit anyway) we aren’t taking out any loans or selling cars or anything. It will all even out come tax season.

Post # 31
Member
235 posts
Helper bee
  • Wedding: September 2012

We are on a no-end-in-sight tight budget so swinging a wedding at all is not easy for us. Our original plan was to elope at the home of our officiant (which would have cost a total of $100- marriage license included) but then my mom offered to pay for our mini-moon if she could be invited. Not willing to pass up an opportunity to spend 3 days completely alone in the same town where we were engaged, we decided to put on a small wedding.

We are paying for it all ourselves. It will be a small, backyard ceremony with a BBQ/picnic reception and, of course, cupcakes. No music or dancing. Nothing fancy, just 20 of our closest friends and family. My dress cost $24 actually.

So we’re making it happen but it is a bit of a strain on the checking account. Not that we can’t handle it, it’s just going to be tough for these next 2 weeks leading up to the wedding, but other than my credit card (which only has a $1,000 limit anyway) we aren’t taking out any loans or selling cars or anything. It will all even out come tax season.

The topic ‘Just curious…what are your thoughts on weddings and budgets?’ is closed to new replies.

Find Amazing Vendors