(Closed) wedding budget to joint income ratio [poll]

posted 5 years ago in Money
  • poll: joint income to budget ratio

    0% to 15%

    15% to 30%

    30% to 45%

    45% to 60%

    60% to 75%

    75% to 90%

    90% to 105%

    105% or more

  • Post # 2
    Member
    4054 posts
    Honey bee

    View original reply
    amanda1988:  18%. Yikes! But our parents helped us out so really we are coming out of pocket about 10% of our combined annual income. 

    ETA: we live in northeastern Maryland 

    • This reply was modified 5 years, 2 months ago by BMoreBecc.
    Post # 3
    Member
    691 posts
    Busy bee

    Our wedding in total cost between $25k and $30k for about 115 guests. My parents put in about $11k, and his parents put in about $2500. Our income last year was about $180k. That’s about 15% I think. We live in a mid-sized city in the south. Our total includes everything from the stamps on the save the dates to the honeymoon to the post-wedding thank you notes. 

    Post # 4
    Member
    121 posts
    Blushing bee

    Same as PP. The total wedding would be about 45% of our yearly income. But after money gifted from parents, it’s only cost us about 20% of our annual income. It doesn’t seem so bad when it’s framed that way!

    Post # 5
    Member
    1975 posts
    Buzzing bee

    We’re at 8%. That makes me feel better haha. Including honeymoon and rings, closer to 14%.

    Post # 7
    Member
    7881 posts
    Bumble Beekeeper

    At the time, the wedding was maybe 2-3% of our joint income, including the rings and honeymoon trips, it was probably about 8%. Just because we had the funds didn’t mean we had to use them all on the wedding. 

    Post # 8
    Member
    755 posts
    Busy bee
    • Wedding: November 2016

    In the poll I used our total budget which is around 20% of our combined income. However his parents are covering the buyout minimum of our restaurant reception since their guest list made it necessary, so our actual out-of-pocket amount is around 12% of our income this year.

    Post # 9
    Member
    492 posts
    Helper bee
    • Wedding: December 2014

    Ours was about 15% – SF Bay Area, no assistance from family.

    Post # 10
    Member
    1178 posts
    Bumble bee
    • Wedding: July 2017

    We’re at 8%- our budget is $15k and we make $125k combined. Looking at it like that actually makes me feel so much better about spending so much money on one day lol

    Post # 11
    Member
    549 posts
    Busy bee
    • Wedding: Backyard

    We are both starting new jobs and will make considerably more than we did this past year. We will be making about $60,000 combined and are spending about $5,000 on the wedding.

    Post # 12
    Member
    3163 posts
    Sugar bee

    this is an interesting thread and so much more meaningful to measure as a %. We paid for it ourselves using cash savings which would not have otherwise have gone towards debt etc. everything but honeymoon included we paid 16% of our incomes at the time. We paid a lot more than I would have liked for a party, and an amount which would probably raise eyebrows, but two people need to get what they want  

    i didn’t include honeymoon as we do a trip every second year anyway so we would be paying that regardless 

    Post # 13
    Member
    814 posts
    Busy bee
    • Wedding: May 2016

    We are spending around 15% of our combined income. I think that’s a lot of money to spend on just a few hours, but fi has a big family… 

    Post # 14
    Member
    385 posts
    Helper bee
    • Wedding: November 2016

    8% with rings. 9% with honeymoon. 

    Post # 15
    Member
    55 posts
    Worker bee
    • Wedding: July 2016

    View original reply
    amanda1988:  3-4% if it doesn’t include honeymoon.

    The topic ‘wedding budget to joint income ratio [poll]’ is closed to new replies.

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