(Closed) Would you rather have your Dream wedding or Pay off your Mortgage?

posted 4 years ago in Money
Post # 2
768 posts
Busy bee

Mortgage first. You can always have a vow renewal later in life

Post # 3
4014 posts
Honey bee
  • Wedding: October 2013

Pay off mortgage for sure! We had an affordable wedding but sometimes I still think about what we could have done with the $$ if we would have eloped! I think we had a good compromise and I’m happy with our decision to have a wedding with family and friends!

Post # 4
4161 posts
Honey bee
  • Wedding: October 2011

Mortgage.  Do you know how much money you save on interest by paying down the principle faster?  It’s mind boggling! 

Darling Husband and I had a beautiful brunch wedding, and even though it wasn’t the fanciest event, it was still our wedding day and we loved it.  We do plan on having a renewal at 10 years, and I’m sure by then, our “dream renewal” ideas we have now, will change again.

Post # 5
2511 posts
Sugar bee

Mortgage. 100% no question

Post # 6
4813 posts
Honey bee
  • Wedding: September 2015

I would just LOVE to have that mortgage paid off!  My dream wedding would still be pretty small, though…. If I had expendable money, I would splurge a bit more on a few things, but not too much more.

Post # 7
1626 posts
Bumble bee

Mortgage without a doubt. Your dream wedding may not exactly pan out in reality

Post # 8
1379 posts
Bumble bee
  • Wedding: February 2015 - Chapel on Base

Mortgage is a no brainer.  

Post # 9
2024 posts
Buzzing bee
  • Wedding: July 2016

PAY OFF YOUR MORTGAGE!!! No question in my mind. Having that excess money in my pocket would be the gift that keeps on giving, a big dreamy wedding is a money pit and it’s just done afterwards.

Post # 10
645 posts
Busy bee
  • Wedding: May 2010

Sounds like you made a great choice, I’d pay off mortgage first too. You’ve saved yourselves so much money.

Post # 11
5072 posts
Bee Keeper
  • Wedding: October 2012

pay off the mortgage.  Don’t worry about a “dream wedding”.  It’s much better to have less debt and have a “dream marriage”.

Post # 12
8915 posts
Buzzing Beekeeper
  • Wedding: August 2012

Mortgage, then have an amazing vacation with a vow renewal somewhere fabulous.

Post # 13
129 posts
Blushing bee


Post # 14
1420 posts
Bumble bee
  • Wedding: September 2014 - Turf Valley


Post # 15
14725 posts
Honey Beekeeper
  • Wedding: June 2011

Everyone is saying mortgage, but basically anyone *having* a wedding at all is saying wedding imo.  Cause if it was mortgage, everyone would be putting their wedding toward the mortgage or downpayment or whatever, and there would be no huge weddings.

I’d have to say wedding since we had a wedding.  We are in zero rush to pay off the mortage.  Instead of shoveling extra cash to the mortgage, we are investing it and making more in investments than we would save in interest.  Plus the interest is tax deductible.

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