Wedding finances

posted 3 years ago in Money
Post # 17
Member
1478 posts
Bumble bee
  • Wedding: June 2018

purpleroses23 : oh lord, I’m sorry that was a phone typing typo. It’s 1% with ally bank!

Post # 18
Member
1728 posts
Bumble bee
  • Wedding: October 2017

We’re paying mostly ourselves. My parents are gifting us $30,000 and his parents $10,000. 

But I wouldn’t take out debt for the wedding. It’s not worth it. 

Post # 19
Member
379 posts
Helper bee
  • Wedding: June 2017

I would never even think about having a wedding financed by family, only for the reason you just listed! Id hate for my parents to feel guilty if their financial situation changed, so we declined all offers of assistance. I’m very sorry that happened to you and your mom!!

We’re having A restaurant wedding for $3000 because that’s what we could afford. 

I’m sorry this happened to you, but taking out a loan or maxing out a credit card for a wedding is irresponsible.  Maybe think about downsizing??

Post # 20
Member
555 posts
Busy bee
  • Wedding: October 2017

We have been generously gifted 15,000. We will put in another 5-7. If we had to pay for it all, it would have been a much smaller event. I wouldn’t haven’t gone into debt for it. 

Post # 21
Member
168 posts
Blushing bee

My Dad is a traditional Italian.  My parents paid for my entire wedding. My in- laws gave us some money, but we used it for the Honeymoom.

Post # 22
Member
1159 posts
Bumble bee
  • Wedding: October 2016

We paid for mostly everything ourselves (over $30k). My dress and veil were a gift from my mom, and DH’s parents paid for our cake as a gift as well. The rest was saved for/paid for by us. We had a semi-formal event, 100+ guests, sit down meal and an open bar… because that’s what Darling Husband wanted (the “whole nine yards” wedding). We did not go into debt for a one-day party, and if saving was not an option, we would have scaled back to a much smaller event with just immediate family, or eloped. 

Post # 23
Member
661 posts
Busy bee

My parents aren’t going to help and I wouldn’t expect them to. They’re not in the financial position to plus nobody in my family has gotten help, that I know of. When my parents got married thirty years ago, my dad paid for the entire thing with credit cards. My older half sister and her husband also fronted the money using credit cards but thanks to a cheap wedding, was able to pay it off with cash gifts. While the credit card route has worked for them, I don’t want to risk it and am throwing a wedding I can afford. 

My fiancé was expecting help from his dad since his brother got help. I have told my fiancé that I don’t want his dad’s help since I my parents aren’t helping. My dad’s pride would be hurt that he couldn’t provide the same way. We agreed that his dad can help with our yet to be planned honeymoon though. 

Post # 24
Member
52 posts
Worker bee

Before we got engaged we wanted the wedding on the family property under the willow trees, priced it out and figured we could save over $10,000 in a year while still paying off my car and our student loans and regular bills. However, we continued to edit the wedding down to $6500 and decided to take a $4500 honeymoon to Ireland while still being able to feed and drink 100 guests. Plus we are saving for a down payment at the same time. Don’t go into debt! If you have any debt currently, see what you can save while making your payments and save any extra that comes in as gifts.

Post # 25
Member
3224 posts
Sugar bee
  • Wedding: May 2015

Going in to debt for a party would be a really poor way to start off a marriage, since money issues are the #1 cause of divorce. We did use our credit card to pay for everything, but only up to the amount we knew we had in the bank to pay it right off that same month – no interest. It was a great way to earn airline miles, we ended up flying to Hawaii for our honeymoon for free on the credit card miles. 

Post # 26
Member
498 posts
Helper bee
  • Wedding: March 2017

We stopped saving for a house deposit  (down payment) during our 22 month engagement and diverted the money to our wedding fund so we didn’t need to dip into savings. As it turned our we both got pay rises during this time so could then restart some house savings. 

My parents gave us 10k which was amazing of them, this was right at the start so we built this into the budget. His covered the flowers and some church costs, this was towards the end so gave us a great buffer for the inevitable budget slip! We ended up with some extra spending money for honeymoon and about  £1k leftover so we are back on the house deposit saving now.

Post # 27
Member
812 posts
Busy bee
  • Wedding: May 2018 - Farm

We are paying for our own wedding. We’ve set a budget and will try to stick to it as much as possible. 

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