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O
Savvy July 2018

How did you pay?

OL7889, on July 24, 2017 at 2:29 PM Posted in Etiquette and Advice 0 109

Hi everyone,

Just curious for those who paid for a wedding on your own...how did you do it? Did you already have a lot of money saved? Take out a loan? Credit cards? Just curious!

109 Comments

Latest activity by MrsDrum, on July 25, 2017 at 9:56 AM
  • SassysoClassy
    Savvy February 2018
    SassysoClassy ·
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    We are paying as we go.

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  • OG Kathryn
    Champion May 2016
    OG Kathryn ·
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    We laid out a budget between what we could take from savings and what we could save and used that.

    DO NOT PUT IT ON CREDIT OR A LOAN! Its a freaking party, no reason to go into debt for it.

    • Reply
  • 1978jojo
    Super August 2017
    1978jojo ·
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    I have been paying ours, weekly for the past yr holy smokes, a lot more than my original budget but 25 days from now we will be married!

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  • Jaimee
    Master October 2019
    Jaimee ·
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    In the process of saving our money; already halfway there.

    Credit Cards should only be used for emergencies and should not be the main way to fund your wedding unless you can absolutely, 150% without question pay them off in full.

    Loans are not a good option because the interest rates are tremendous. You will be paying back more than you took out.

    There's never a good reason to go into debt for a party.

    • Reply
  • MrsSki
    Master April 2017
    MrsSki ·
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    Do not under any circumstances to into debt for a party. No credit cards (unless you can pay them off every month) and absolutely no loans. Plan the wedding you can afford.

    We had some money saved up but we also knew how much we could pay toward vendor costs each month

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  • Callie Sue
    Expert December 2017
    Callie Sue ·
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    Haven't had our wedding yet, but we had some in savings before we got engaged, and since then it has been going:

    1. Earn money

    2. Save money

    3. Repeat steps 1 & 2

    And eventually 4: Pay for all the things!

    • Reply
  • Mandi
    VIP May 2016
    Mandi ·
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    Most people here paid for their own weddings and advise against taking out a loan or using credit cards. DH and I had a lot of help from my parents but there were still things we had to cover. We sat down and figured out how much extra from our monthly budget we could put towards those expenses and then found vendors that fit into that budget. Most vendors require a deposit to book so you don't have to have the full amount upfront.

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  • OG Kathryn
    Champion May 2016
    OG Kathryn ·
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    Or you could Bobbie and Clyde it for the money! Lol

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  • Alison
    Devoted November 2017
    Alison ·
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    Paying as we go as well. Using some savings. FYI, credit cards and loans are not recommended for a wedding as you don't want to go into major debt post-wedding. Decide on your budget and tentative guest list. pick your venue, catering, etc. based on that budget. A lot of little things will add up so be careful to stay within budget per item as much as possible. You may need to set a later date if you need more time to save up if you want a certain amount of guests, etc.

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  • OGJessieJV
    Master July 1867
    OGJessieJV ·
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    If you use a credit card, make sure it's because you are using it for cash back or points and you can pay the entire balance off before when the bill comes in.

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  • A
    Savvy November 2018
    Angie ·
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    My father is paying for most of mine. So beyond grateful! However, other extra things I want FH & I have paid for!

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  • RaeGin
    Master September 2017
    RaeGin ·
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    We determined what we already had, and then what we would be able to save between then and the wedding. FH was able to pick up quite a bit of overtime in the spring, and that helped us complete our wedding savings sooner than we anticipated.

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  • Hannah
    Super August 2017
    Hannah ·
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    Don't go into debt for a party. Come up with a budget. what money do you have saved up plus what can you allot from your monthly budget up until the day and go from there. Also when picking the big items (venue, catering, alcohol etc) stay well under budget as much as possible because the little things that you don't necessarily think about up front add up. A lot

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  • M
    Master June 2017
    Mrs ·
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    We already had a bunch of money saved.

    Most of our vendors required deposits upfront and then final payments were due about 1 month before the wedding, so if we didn't already have it saved we would've had time to put money aside throughout the engagement, knowing what we would owe at the end.

    Don't take out loans or use credit cards to fund an optional party. If you don't have the money in hand, figure out what you can afford to set aside each month. Based on how long it'll take you to save up the entire amount you need for your whole budget, you can set a date and start planning for then. Don't try to set a date and THEN figure out how you're going to pay for it.

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  • Danielle
    Super March 2018
    Danielle ·
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    We figured out our monthly income, subtracted our bills (we rounded up a couple hundred in case something happens) and then we took what we were comfortable with saving and take it out each pay check.

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  • LoveLoveLove
    Super October 2017
    LoveLoveLove ·
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    We pay as we go.

    I don't recommend a loan or credit cards that charges interest (unless you're paying it off each month). I think it's a poor investment.

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  • Newnoakua
    Expert June 2018
    Newnoakua ·
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    We budgeted and saved accordingly. We actually pushed our wedding back a year so we'd be able to save for it.

    Don't take out a loan or go into debt for a party. It's terrible financial planning to do that. Be smart, save.

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  • Kat
    Savvy November 2017
    Kat ·
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    I'm using my credit card as I get points (which will be used for the honeymoon) but I pay it off every month with the money I have saved for the wedding.

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  • Bethany0821
    VIP October 2017
    Bethany0821 ·
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    We are having a 26 month engagement to be able to save.

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  • Ann
    VIP November 2017
    Ann ·
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    We saved for a year & of course still paying for things as we go

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