Re: Wedding debt..
[ Edited ]10-26-2012 09:28 AM - edited 10-26-2012 09:29 AM
I am anti wedding (not anti marriage). I think you should make decisions based on priorities and believe that blowing out several thousands on a wedding just because 'it is only 1 day and probably once in a lifetime' is a terrible way to start your new life. Priorities should be (IMO): Stable Job/Financial stability>Good Car>House>everything else.
If you must spend on a special day, do so after all priorities are fulfilled/paid for and after a certain amount of time has passed such as 5,+ years. I don't get why people spend 15K+ on a wedding with someone they probably haven't even lived with! First get to know eachother, live together, build your lives together and THEN think of a 'wedding'. By this time you probably will think that you rather spend the $10K on something that will bring yourselves happiness (instead of the guests) such as a long vacation that can serve as a honeymoon or escapade from the daily grind/routine and bring you closer to your SO.
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Re: Wedding debt..
10-26-2012 12:23 PM
I"m currently planning my wedding right now. So far, we've spent about $5,000 and that isn't including a lot of stuff. HOWEVER, we are not charging anything on credit cards. I work A LOT of overtime to get the money for the wedding, and so does he. The ONLY thing we have on a credit card is my engagement ring. If she wants a $10k wedding, she should find a way to come up with it, imo. My hubby-to-be was happy with whatever I wanted, and he is willing to help, but I'm not putting the financial burden on him to make it happen and to ruin our financial situation in the future.
11/10/2012: TU FICO 683, EQ FICO 616, EX PLUS 692. No apps until May 2013!
Re: Wedding debt..
01-09-2013 12:29 PM
My son and his wife, married April 22, 2012. They had a small wedding, with 50 people. I believe they spent about $12k
They have a house, and paid for 75% of it themselves.
Re: Wedding debt..
01-10-2013 06:34 AM
12k is a LOT for a wedding with 50 guests. Holy crappsss!
We got married last september. My step mom and dad paid for catering and my dress (about 4k total), and my husband's parents paid for photographer and sent money to help with other little things. My mother did our flowers (we wanted wild flowers, so she grew everything, made centerpieces, bouquets and boutoniers)
We got our wedding done under $7k. We had about 140 people.
In the end we only paid about $1500-2k out of pocket after what our parents helped with. We DIY'd just about everything.
We also bought our home about 2 months before the wedding.
2013 Goal: Garden and 740+ scores across the board.
Re: Wedding debt..
01-10-2013 06:51 AM
Current Score: FICO EQ 578 (3.8.13) TU (GECRB) 596 (2.19.13) EX (USAA) 482 (3.12.13)
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