(Closed) worried i wont be able to pay for my wedding

posted 6 years ago in Money
Post # 3
Member
1523 posts
Bumble bee
  • Wedding: October 2013

Can you push the date back with your vendors to give you more time? That way hopefully you will not lose your deposits but you will give yourself a chance to figure out where the $$$ is going to come from. Good luck!

Post # 4
Member
3626 posts
Sugar bee
  • Wedding: September 2012

I don’t know what to suggest other than that it’s better to lose your deposits than to go into debt for the wedding.

Post # 5
Member
579 posts
Busy bee
  • Wedding: August 2010

Sorry your dealing with this stress. I would try and see if you could post pone your date so you dont lose your deposits and it will give more time for your fiance to get back on his feet financially. Keep positive and Im sure all this will work out in the end. Good luck!

Post # 6
Member
466 posts
Helper bee
  • Wedding: July 2012

I would try and push the date back. You dont have to cancel the wedding, but waiting another 6 months or so for your Fiance to get a job and for some money to start flowing again would be far better than losing money.

Post # 7
Member
915 posts
Busy bee
  • Wedding: December 2012

For me I would get a loan if it were $8,000 and under…I know everyone will disagree but if you find  something interest free for 18 months then it would work. Wait until right before your big payments are due and only take out what you need, if it’s an offer from a cc company you need to be pretty sure you can pay it off before the interest free is up. The payments will be manageable for $8,000 (around $120 a month min), but as soon as your Fiance can get another Job then you can start paying it down really fast…. It depends what a lot of debt is to you, if $8,000 could be paid off within a year with both of you working and you can get it with no interest then it’s not a bad deal.

Post # 8
Member
2822 posts
Sugar bee
  • Wedding: December 2012

I’d see if you could possibly push the wedding date back further, so you have more time to save.

Post # 9
Member
79 posts
Worker bee
  • Wedding: November 2014

Work out terms?

Post # 10
Member
405 posts
Helper bee
  • Wedding: December 2012

Don’t get a loan! Because it means you’ll just be delaying the inevitable. Don’t borrow what you can’t pay for, especially if your husband to be is out of a job.

I would push the date back until you’re more financially stable. Your friends and relatives will understand. (If they don’t, kick them off the invite list!)

Weddings are awesome, but spending the next year or so being in debt and barely being able to put food on the table is no way to spend your first year of marriage.

Post # 11
Member
915 posts
Busy bee
  • Wedding: December 2012

To add to my “get a loan” comment….. I agree do not get a loan if you are in a situation where you can’t put food on the table…

I have gone in to debt for lots of things and never regretted it because its always been interest free and manageable. I took out a loan for $8,000 for home remodels and had it paid back in six months for example, new carpeting one time, new tv and computer another…I am very good at managing my finances though and I would work three jobs before I couldn’t pay a bill.. 

I always prefer no debt of course, and my Fiance is working 2 jobs this whole year so we can have our wedding debt free, but if $8,000 was what I needed to go on with it, I personally would take out the money. Your wedding is in October so that also pits your 4 months away from a tax return if you did want to push the date back a little….

Post # 12
Member
171 posts
Blushing bee
  • Wedding: December 2011

I dont recomend you get a loan, but can you cut some stuff out, I know you said you booked on minimum numbers, but some things can be made cheaper.

For example, I did all my own flowers the day before with flowers from a neighbours garden, all bouquets, table flowers etc cost about $10 and saved me hundreds!

Photos, I know you wont want to but can you ask a friend to take the main photos and just hire a professional for a 1-2 hour photo shoot for the bridal party, my photos from the actual wedding are actually better covered by my guests as they took so many photos from so many angles I dont know why I bothered with a photographer that cost $2k!

Do your own hair and make up, you have alot of time to practice, so just practice, practice, practice.

Also cut back on Bridesmaids and Groomsmen, this saves heaps of money.

Post # 12
Member
171 posts
Blushing bee
  • Wedding: December 2011

I dont recomend you get a loan, but can you cut some stuff out, I know you said you booked on minimum numbers, but some things can be made cheaper.

For example, I did all my own flowers the day before with flowers from a neighbours garden, all bouquets, table flowers etc cost about $10 and saved me hundreds!

Photos, I know you wont want to but can you ask a friend to take the main photos and just hire a professional for a 1-2 hour photo shoot for the bridal party, my photos from the actual wedding are actually better covered by my guests as they took so many photos from so many angles I dont know why I bothered with a photographer that cost $2k!

Do your own hair and make up, you have alot of time to practice, so just practice, practice, practice.

Also cut back on Bridesmaids and Groomsmen, this saves heaps of money.

Post # 13
Member
651 posts
Busy bee
  • Wedding: May 2012

Everyone said not to get a loan but I disagree. If you’ve paid the deposits etc., cancelling your wedding would mean you’re losing a lot of money! Some banks offer personal loans. Pick which one would suit you best and make sure it’s an amount you can pay back ‘easily’.

 

Post # 14
Member
2494 posts
Buzzing bee
  • Wedding: July 2012

Rule of thumb… NEVER START A MARRIAGE IN DEBT!. I aecond that getting a loan, even if you can pay it off later, is a bad idea. What happens if your Fiance can’t get a job where you can make the $8000 in 12 months? WHat if there is a major health problem? If your car is totaled and the insurance company only gives you it’s everyday value so you have  to fork out a few grand? Not a good idea.

I suggest either pushing the date back a bit, seeing if you can push it to the winter to get some money of (typically there is a good discount for winter weddings because it is the off season– for everything from venue to phtographer).

Post # 15
Member
651 posts
Busy bee
  • Wedding: May 2012

There’s debt and there’s unreasonable debt. Most people have debts of some kind (house, student etc.).

I am not saying that she should get an unreasonable loan but if it’s a loan she can pay off easily, then why not? My best friend got a loan for her wedding as they decided not to wait (7 months between engagement and wedding) and could save about $20 000. However, they needed I think something like US$26 000 so they got a $6000 loan which they paid off in 3 months.

If OP can handle that, then she could get a loan but if she is really living on the edge, then indeed, don’t dig yourself into a deeper hole.

The topic ‘worried i wont be able to pay for my wedding’ is closed to new replies.

Find Amazing Vendors