(Closed) Wedding Gift Money…Spending/Saving??

posted 7 years ago in Beauty
  • poll: Are you spending or saving?
    Spending : (16 votes)
    43 %
    Saving : (21 votes)
    57 %
  • Post # 3
    207 posts
    Helper bee

    We have plans to save whatever we get…we look foward to house hunting next year..so any extra money will help! ๐Ÿ™‚

    Post # 4
    5494 posts
    Bee Keeper
    • Wedding: August 2011

    We will do both.  There are a few items from our registry that if we do not get, we will buy with the wedding money.  We also really want an iPad so we’ll be using wedding money for that as well.  Everything else is going towards the house fund.

    Post # 5
    5668 posts
    Bee Keeper

    I doubt we’ll get much, but the plan is to either put it all away or use it to pay down some debt.

    Post # 6
    464 posts
    Helper bee
    • Wedding: September 2011

    We were going to save, but then my car died….   ๐Ÿ™

    So we will be trying to buy a car before, and having to use alot (if not all) wedding money to help pay for the car.

    Post # 7
    2161 posts
    Buzzing bee
    • Wedding: July 2011

    We saved about half of it, and put the other half on our line of credit. 

    Post # 8
    5786 posts
    Bee Keeper
    • Wedding: May 2011

    We used it to pay down credit cards but it basically paid for our honeymoon.

    Post # 9
    10288 posts
    Sugar Beekeeper
    • Wedding: October 2011

    We have a few things on our list to buy (a new couch or some recliners, Dyson, office chairs, etc…) but we’ll be saving the rest. We’ll be looking to buy a house in the next few years so this will jump-start that fund. 

    Post # 10
    3378 posts
    Sugar bee
    • Wedding: December 2011

    We’ve talked about it, and may do both.  We’ll spend a bit on some household items if we don’t get our top items from our registries.  Otherwise, we’ll be saving for a house fund – hopefully we can save some for our downpayment on our first home.

    Post # 11
    1501 posts
    Bumble bee
    • Wedding: September 2011

    I want to use it to buy an aluminum boat for lake fishing. I think Fiance is on board with this. Only problem is we live in a townhouse and have nowhere to keep it.

    So we will probably save it for a real vacation next year.

    I guess it really just depends how much we get.

    Post # 12
    1166 posts
    Bumble bee
    • Wedding: December 2010

    We will be using it to pay for our (delayed) honeymoon.

    Post # 13
    3049 posts
    Sugar bee
    • Wedding: January 1991

    Our plan is to save. However, we’ve come into a few situations where it makes sense to spend it. I.e., I don’t have a job and we need to pay the bills. So instead of saving all of the money, we spent some of it so we didn’t have to go into my savings.

    I feel you on the difference of opinion though. I had so many ideas of how we would spend money… and Darling Husband has completely opposite opinions. He thinks extra money means going on dates and spending stuff for fun. Which is fine, but we don’t have to spend it all. I was planning on saving some of the gift cards to Target for later on, but we ended up spending almost all of it on stuff he wanted (since he never really got guy-specific presents) and he needed new jeans. Ugh, I did NOT want to spend the wedding gift cards on jeans… but I also don’t want to control everything. Oh well! ๐Ÿ™‚

    Post # 14
    5883 posts
    Bee Keeper
    • Wedding: October 2010

    We used the cash to finish our registry and put the checks into our house down payment savings account. Worked out great since it was almost 50%-50%. He got the reassurance that we were saving for our future. I got to get that awesome toaster oven and new duvet cover from BBB. ๐Ÿ™‚

    Post # 15
    7300 posts
    Busy Beekeeper
    • Wedding: September 2012

    We will probably do 50/50. 

    Post # 16
    14484 posts
    Honey Beekeeper
    • Wedding: June 2011

    I voted save.  We’re not going out and buying anything with this new found cash that we wouldn’t buy anyways with our own money.

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