(Closed) "Why I Think Weddings Are a Stupid Waste Of Money"

posted 6 years ago in Money
Post # 3
Member
1212 posts
Bumble bee
  • Wedding: June 2012

Hang on, where will $40,000 get you a house and why don’t I live there?

Post # 4
Member
1715 posts
Bumble bee
  • Wedding: July 2012

@Lemma:  50 000$ will get you a shitty old farm house in major need of repair in Nova Scotia.

Post # 5
Member
325 posts
Helper bee
  • Wedding: September 2011

@Lemma:  That’s what I was thinking! I also live in the Bay Area and 40,000 isn’t even a downpayment here!

Post # 6
Member
684 posts
Busy bee
  • Wedding: February 2010

Not the best written article but she has a point 🙂 It’s all about priorities in your life

Post # 7
Member
1212 posts
Bumble bee
  • Wedding: June 2012

@naturalysam:  Hmm, I think I’ll pass on that. 😉

@MsATC:  Same here! At least, not a downpayment on a house that isn’t a crap shack!

Post # 8
Member
8487 posts
Bumble Beekeeper
  • Wedding: April 2014

Theres a couple of houses around here for around 50,000. And a friend of mine lives in Toledo OH and theres tons of houses there for about 40,000.

I personally couldnt imagine paying more than 10,000 for a wedding. I was watching SYTTD the other day and a woman had a dress budget of 30,000. Thats more than I make in a year! Actually… Thats probably more than I make in TWO years.

Post # 9
Member
1111 posts
Bumble bee
  • Wedding: October 2012

Meh.  The beautiful thing is that people who don’t want an expensive wedding don’t have to have one!  As long as people are setting a budget that works FOR THEM and not going broke to pay for it, I say do what you want.  I am having a more expensive wedding than some people I know, and a less expensive wedding than other people I know.  Everyone should do what works for them, and no one needs to act all high and mighty for doing it on the cheap.  It worked for them, and that’s awesome.  Not everyone has to do the same thing.

Post # 10
Member
1043 posts
Bumble bee
  • Wedding: November 2012

Well I think she makes valid points.  But it’s really relative, isn’t?  I might think that spending $200,000 on a car or $7.98 million on a house is “a waste of money” but if you have the money to spend, it’s not wasteful to you.

Additionally, we cannot forget the other side of the “wedding industry” coin which is that it creates TONS of jobs!  This is a great thing.  So if people want to have big weddings and spend lots of money and help keep the economy going, all the better.  🙂

Post # 11
Member
2778 posts
Sugar bee
  • Wedding: July 2013

I think this article is saying that a 20,000 wedding is a waste of money since they don’t seem to be critizing the second wedding the woman had for 6,000.  

While I might agree with that (my ceremony will be something like 1-3K I have a lot of free things) I also don’t think we should critize anyone.

Yes a down payment on a nice house is about the same as a 20-40k wedding but I think homes are over pricedright now too.

Yes if you are not rich it doesn’t make sense to spend 20k on a wedding but people also have thousands of dollars of credit card debt as well.  All people make strange and sometimes not so smart decisions with money.

My Fiance was trying to argue that 40k in student loans is stupid and would take someone 30 years to pay off and no one should go to college in this economy (if he tells our future children this I will kill him but I’ll talk to him about that later).  The point is is all whats important to you.  So whatever.  I have 20k in student loan debt that was what was important to me, blowing that all in one day not so much, but really to each her own.

Post # 12
Member
717 posts
Busy bee

@Ms Bookworm:  agreed but many couples take out loans to pay for their wedding (engagement rings too).  what a sucky way to start a life together – debt from a party that most people won’t remember after 2 weeks

Post # 13
Member
9142 posts
Buzzing Beekeeper
  • Wedding: November 2013 - St. Augustine Beach, FL

I would happy eloping somewhere or even hitting the courthouse one afternoon so we could save the money for a nice vacation or an investment or even pay off some of my student loans (not a house though, been there, done that, ugh!)

Post # 14
Member
2697 posts
Sugar bee
  • Wedding: June 2012

@Lemma:  Pittsburgh.

Well, 40,000 may be even pushing our limits. But 50-70k purchase price? Totally.

Post # 15
Member
5547 posts
Bee Keeper
  • Wedding: December 2011

Well, around here, $40,000 is a seriously nice down payment, like 25-40% down. The house we rented was only was vauled at $35,000. It was scary old but yeah, I totally get what she is saying. I can’t fathom spending what some people do on a wedding, my car is worth less than some people’s wedding dresses and it blows my mind. But in the end, you have to live with the choices you make about moeny, including weddings and we each have our own priorites. To us, there was no way a one day party was worth as much as a car or a house down payment. 

Post # 16
Member
1111 posts
Bumble bee
  • Wedding: October 2012

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