(Closed) What do you plan to do with your wedding day cash gifts?

posted 10 years ago in Gifts and Registries
Post # 3
Member
400 posts
Helper bee
  • Wedding: May 2009

We’re planning to stash it and save it. We NEED new furniture, but have decided to wait until we buy a house. We also aren’t going on a honeymoon. So, maybe by next year, we will have gained interest and will be able to go somewhere!

Post # 4
Member
126 posts
Blushing bee
  • Wedding: March 2009

We will be saving whatever that came in by way of gift.  Because we had paid for the wedding ourselves and purchased a house during the process, we have little or no savings left.  What with the economy right now, I think it’s prudent to have a bit of savings (=6 months worth of mortgage) in the bank at all times.  We have all the furnitures/pots/pans we need for the house.

We do need to fix up the kitchen because it is old (need cabinets only, we recently upgraded to all stainless steel appliances), we thought that some time down the road would be more ideal.

Post # 5
Member
778 posts
Busy bee
  • Wedding: March 2009

The checks, if any, will be deposited in the bank.  Any cash we recieve is for the honeymoon.  Yeah Italy!  The more generous people are the fewer prociutto sandwiches we’ll have to eat.

Post # 6
Member
538 posts
Busy bee
  • Wedding: December 1969

Whatever we recieve will go towards a down payment, unless we are lucky enough to buy pre-wedding and then probably furniture. All practical things.

Post # 7
Member
1363 posts
Bumble bee
  • Wedding: June 2009

We’ll probably spend some of it on the honeymoon, but my goal is to replace our god-awful bed by the end of the year, and I’d like to replenish our savings so we have about as much as we did before we bought my engagement ring.  I’m not expecting wedding gifts to cover either of those expenses, but every bit helps!

Post # 8
Member
1276 posts
Bumble bee
  • Wedding: August 2009

Put it in a home-improvement fund.  We are saving for a bigger down payment (and waiting for the market to bottom).  We decided we wanted to use our own money to pay for the down payment, and we’d use any gifts for improvements we might want.

Post # 9
Member
813 posts
Busy bee
  • Wedding: May 2018

We’ll probably spend a little on our honeymoon, and then save the rest. We are paying for bits and pieces of the wedding ourselves, and although we already have the money saved up, it will be nice to replenish those savings after the wedding!

Post # 10
Member
405 posts
Helper bee

I’m sure we’ll deposit them and use it to save towards a house.

Post # 11
Member
291 posts
Helper bee
  • Wedding: August 2009

We’ll probably split it up and put portions of it towards different things — savings (for a home), paying off some leftover student loans, and maybe take a little bit on our honeymoon. 

Post # 12
Member
796 posts
Busy bee
  • Wedding: April 2009

It is all going right into the house savings fund! We are really hoping to buy within the next two years (that’s when we’ve heard the housing market might turn around).

Post # 13
Member
309 posts
Helper bee
  • Wedding: March 2010

Goodness, money gifts always overwhelm me. When I graduated from college I was flabbergasted.

I’m sure we’ll use some to pay off student loans and take a little on our honeymoon. I’ve never had a massage and would *love* to splurge on a nice honeymoon massage. We’ve also been talking about getting a dog for a long time so we could put some of the money toward that. In reality, most will go toward loans or savings.

Post # 14
Member
70 posts
Worker bee
  • Wedding: July 2009

We’re going to use a small amount for honeymoon "fun" money and then use the rest to pay towards any lingering debts……. student loans, credit cards or car loans- whichever seems the most important!

Post # 15
Member
39 posts
Newbee
  • Wedding: December 1969

I think we’ll definitely put any cash/check gifts directly into savings….well, and maybe use a little of it on the honeymoon!

Post # 16
Member
2022 posts
Buzzing bee

House fund!  If we are able to buy beforehand (unlikely) it will go towards furniture and general savings.

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