(Closed) Wedding Loans ( is it worth going into debt?)

posted 6 years ago in Money
  • poll: Is A Wedding Worth Going Into Debt For?
    Yes.. I only get one : (6 votes)
    2 %
    No.. I still have to live after : (291 votes)
    92 %
    Maybe.. If i really want something : (15 votes)
    5 %
    i like polls : (5 votes)
    2 %
  • Post # 3
    Member
    1474 posts
    Bumble bee
    • Wedding: December 2011

    No way! I put a teensy bit of wedding expenses (less than $500) on a credit card and I even regret that!

    Post # 4
    Member
    1327 posts
    Bumble bee

    Absolutely not! I spent $4000 on my wedding and that still felt like way too much lol. I was so happy with how our day turned out and even more happy that I didn’t have to pay off any debt from it.

    Post # 5
    Member
    1556 posts
    Bumble bee
    • Wedding: September 2012

    Wow.. that’s a lot of money. Weddings are a special day and all.. but not worth going into debt like that!! We had a very intimate wedding, beautiful venue, and didn’t spend more than a couple grand. To me, it’s just not worth all of that. Sometimes I think people get way too worried about the nit-picky details instead of the most important things.

    Post # 6
    Member
    1460 posts
    Bumble bee
    • Wedding: October 2012

    Hell no!  Starting off a marriage with an $80K debt for a party is not a good move.

    Post # 7
    Member
    2712 posts
    Sugar bee
    • Wedding: September 2012

    Holy hell!  $80k?  You should never go into debt for a party.  Why would you want to start off your married life with 80k of debt?  WHY?!

    Post # 8
    Member
    9574 posts
    Buzzing Beekeeper
    • Wedding: September 2013

    That is CRAZY…I would never take out a loan for a wedding!

    Post # 9
    Member
    928 posts
    Busy bee
    • Wedding: October 2012

    That is absolutely crazy!!

    Post # 10
    Member
    6015 posts
    Bee Keeper
    • Wedding: March 2012

    OMG that’s like more than Darling Husband paid for our house.  Holy crap .. for one party for one day?  That’s crazy.

    Post # 11
    Member
    846 posts
    Busy bee
    • Wedding: August 2013

    no way! it’s acceptable to take out some money for a wedding if you really need to. but $80,000!? some people are just crazy!

    Post # 12
    Member
    1513 posts
    Bumble bee
    • Wedding: June 2013

    i am stressing about $60,000 of loans for grad school… no way I’d get $80,000 in debt for my wedding!!!!

    idk… crazy to me, but maybe my meager $15K affair is crazy to her?

    Post # 13
    Member
    1144 posts
    Bumble bee

    We budgeted solely based on what we could pay cash. Of course we’re charging stuff to our credit cards but we can pay them off right away. We’ve never been in debt and don’t plan on starting to be now all for one day!

    Post # 14
    Member
    1578 posts
    Bumble bee
    • Wedding: June 2013 - Country Club

    Woah, are you serious? I can’t imagine spending $10k on a wedding, much less the $6k that was given to me as a wedding gift. o.O

    Post # 15
    Member
    11272 posts
    Sugar Beekeeper
    • Wedding: April 2012

    seriously?  an $80,000 loan just for a wedding?  is she crazy? 

    i hate to say this but that couple will still be paying off their wedding after they are divorced.  with that type of financial stress in a new relationship you can already see one coming.

    my rule of thumb has always been, if you can’t pay cash now, you can’t afford it.

     

    Post # 16
    Member
    7173 posts
    Busy Beekeeper

    Yes and no.

    I think a wedding is worth going into some debt for but no 80K work of debt!

    I planned the cheapest wedding that I’d be happy with.  It was double what I thought it would cost and in the end I wouldn’t do it differently.  I also ended up tapping into an equity line of credit – but was able to pay it off quickly.

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