(Closed) Wedding or house?!?!?!?! HELP.

posted 3 years ago in Finances
  • poll: Wedding or House?
    Wedding : (12 votes)
    8 %
    House : (137 votes)
    87 %
    Other : (9 votes)
    6 %
  • Post # 46
    Member
    1015 posts
    Bumble bee
    • Wedding: June 2016

    House, hands down. 

    Post # 47
    Member
    1945 posts
    Buzzing bee
    • Wedding: May 2016

    We had a destination wedding getting married in one of the most expensive cities in the world (Stockholm) and also wanted a high end and more traditional style wedding – I got everything I wanted so yes we could’ve bought an apartment (or small summer cottage outright) from the wedding money. But we don’t regret it at all – we don’t have kids yet and we were about to move from the UK to the US (did so a week ago!) so we were anyway planning to rent for at least the next 2+ years until we decide whether to settle down back in Europe after this experience or stay here in the US.

    Even though I have no regrets I recognise that it is a little crazy for one day/weekend + honeymoon to spend so much money and I would’ve been really happy with the same set up for my wedding but with less people and no (free) alcohol but those things were non negotiables for my husband and so the per plate & drinks cost was a major expense of our wedding. Cash bar would be my cost saving tip.

    The sensible thing would be to find some sort of compromise on guest numbers or save up for longer until you can afford a 20K wedding and still have 20K down payment for a house available. 

     

    Post # 48
    Member
    106 posts
    Blushing bee
    • Wedding: March 2017

    Your only young. Buy the house first then start saving for the wedding. You will have more time to plan and hopefully can secure cheaper suppliers in advance! allow yourself a couple of years until the wedding when you will be ready.

    If you work hard and you are smart with your money you will get there. This is what we did. 

    Post # 49
    Member
    543 posts
    Busy bee
    • Wedding: July 2017

    Buy a house and then have your wedding there!  You won’t need to pay for a venue – just catering and some decor!

    Post # 50
    Member
    67 posts
    Worker bee

    Definitely a house. Like PP have said, have your wedding at the house! Go house hunting/venue hunting all together!

    Post # 51
    Member
    767 posts
    Busy bee

    hairstylist101 :  we bought our first house recently, and we were able to get a very good interest rate, and they may not last forever. IMO you can have both, a very small wedding with nice touches. Just tell people you eloped. Which is true, even if you stay home and do it, you just eloped to the courthouse, or whereever. Just because you have a very small wedding, doesn’t mean you can’t wear a pretty dress,  carry some nice flowers and maybe even cut a small cake 🙂

    A wedding is very special, but downpayments for a home are not easy to come by. If you buy a house and change our mind, that is easier to change than if you have a big wedding then regret it. Can’t exactly tell a caterer that you want the money back.

    Post # 53
    Member
    378 posts
    Helper bee

    House. House. House. House. House. House. For all the reasons mentioned above. 

    Buying the house and then having the wedding there is also a brilliant idea. Best of all worlds. 

    Post # 56
    Member
    2681 posts
    Sugar bee
    • Wedding: September 2014

    hairstylist101 :  It’s extremely impressive that the two of you have managed to save 30k at such young ages and I definitely don’t mean to diminish that accomplishment- but I just saw your update that you are in the Bay Area. Unfortunately 30k most likely won’t be anywhere near enough for a down payment in that area, even for a fixer upper.  I think you are smart to stick to a budget for your wedding, then rent for a few years and continue saving up.

    Post # 57
    Member
    463 posts
    Helper bee
    • Wedding: September 2016 - Beck Rec center

    Get the house and get married in your fab back yard 

    Post # 59
    Member
    480 posts
    Helper bee

    Hmm . . . This is a difficult one, considering where you reside. I’m in California too; the most expensive state in the country where real estate is concerned. A house that sells for around $200 thousand in the U.S. can easily go for $1-3 million in the Bay Area. My daughter and her husband live in Silicon Valley. She works for City Hall and he’s an engineer making a six-figure income. Presently, they can only afford renting a two bedroom apartment.

    Post # 60
    Member
    480 posts
    Helper bee

    hairstylist101 :  I just saw your latest post, so ignore what I just said. I’ve lived in Sacramento and Roseville which is a whole different scene than the Bay Area. You should be able to do a small wedding and get your house too. Congrats & best wishes to both of you. 🙂

    The topic ‘Wedding or house?!?!?!?! HELP.’ is closed to new replies.

    Find Amazing Vendors