Would you spend all of your savings on a wedding? (wedding gifts, monetary)
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I always wanted a unique looking wedding band and would forgo the engagement ring for something that we could both love and enjoy.
Interesting . Even if we proposed to each other, I would be happy with something that had meaning to both of us rather than having thousands of dollars wrapped around my finger and her's.
No, I wouldn't want to spend all my savings on a wedding, but I did spend around $20,000 on my daughter's wedding. I could afford it. It was a party for my daughter, future SIL, my wife's and my friends, our relatives and those of my future SIL. I didn't consider it a waste of money, even when the marriage ended. It was a party, for heaven's sake.
Most people still only get married once. It's a day to dream of and a day to remember. If you can afford it, splurge! If finances are tight, hold the spending to a minimum. I've done it both ways. Both were good days and I've had no regrets.
I agree. I wouldn't spend all my savings on a wedding, but I see no problem with having a nice party if you can afford it.
I've never had any interest in weddings, or had a dream of what my wedding would be like since I was a child. I do however, hope to have an awesome reception. Not fancy or extravagant or expensive by any means, but a truly fun celebration with family and friends.
To answer the question, if you have to pinch pennies or go into debt for a wedding, then no it's not worth it.
Having said that, I do think a big wedding can be wonderful if you can afford it. DH and I got married twice, once in Vegas by Elvis and once in England with the family paid for by my Father.
Gotta admit the family wedding was very special. The location was special, the gathering of family and friends from all over the world was special. It truely is a day we will remember for the rest of our lives.
Having said that we got married in a rural location, so despite a very 'expensive' venue, our wedding still cost a lot less than a lot of my friend's weddings in the north east USA in much more normal venues.
My friend's sister got married in NYC a couple of years ago. The wedding cost $100,000 () and they divorced less than a year later. She had doubts going in, so I couldn't fathom her parents agreeing to pay for everything given the circumstances.
I would say if you can afford it, then have the wedding. If not, don't. If it's with the right person it will be a very special day no matter how you do it. The party and other stuff are just nice bonuses if you can afford them, but they should not be the focus of the day.
If your parents aren't footing the bill and you're pinching pennies to pay for a big wedding, is it worth it?
Nope! We spent $1200 on our actual ceremony and it was well worth anything we would have spent on a big lavish event with everyone there. It was just what we wanted, a barefoot-in-the-sand, beach wedding in Hawaii. Just he and I.
The extra money we have, we are saving for the house down payment.
I think spending all your savings on a wedding is a bad idea. I would only spend what you absolutely need to get a "nice" wedding (whatever that means to you) and leave the rest of your savings for a house/car/cushion.
You can really skimp on a lot of things at a wedding (flowers, cake) and it will still look nice. Just make sure to get a good photographer (pictures last longer than just that day) and a dress you look pretty in.
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