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!
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!
We had saved up most of the money and are paying it off as we go. I have added a few extra shifts at work. We are using credit cards for some costs and paying them off pretty quickly. We got a new card (recommended by financial advisor) to not be charged interest on large amounts for over a year - should be paid off within 3 months and are for the end of wedding final payment costs. Beware - some vendors only want cash/check. Budget accordingly.
We began saving for our wedding before we were even engaged. We both take a predetermined amount of money from our weekly pay check and put it into a joint saving account which we also add to when we get "extra" money (tax returns/Christmas/birthdays). We have been paying as we go and are hoping to use any monetary gifts from my shower to pay for tips so we can use the rest of our saved money for fun on our honeymoon!
Master
July 2018
RZ_ToBe ·
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Tucking away money as we go. We found a number we each could set aside each month and have stuck hardcore to it. Protip: if this is difficult for anybody who loves spending money (guilty), set up a second bank account and put the money in that. Put the card in a drawer so you cannot spend it!
We've been paying every month on the balance as we go. As well as saving money.
VIP
March 2016
Maria ·
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We were engaged for three years. Saved up and paid as we went for certain things. Ended up saving way more than needed which was nice as it meant we weren't broke after the wedding.
Super
October 2018
IzziJones ·
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We made our wedding date 2 1/2 years out, I used my income tax return for most of the large deposits and just save every penny you can. I also had to interview a lot of vendors for each category to make sure they would all fit in my budget. If the vendor I wanted pushed us over budget then I had to go to the next best one. Do NOT go into debit over a wedding.
If you need more time to save then push the date further out or cut your guest list down and go smaller.
Actually my dad has one of those cards he gets airline miles when he buys stuff so he will be putting the venue (all inclusive) on that.
Otherwise, FH and I are paying for everything with our savings and paying as we go.
My friend (best friend since I was 14) is a financial guy. He took out a loan for his. He didnt take very much but he made sure he could make the payment and pay it off by a specific time.
We are paying as we go. We just bought a house so some is on credit card that has 0% interest for a year. We could pay it off in full at any time if we needed to but we budgeted to use it for the wedding and will be able to pay it off 3 months post-wedding. We are paying for about 90% of the wedding
FH & I saved a lot before getting engaged. Luckily, most of our wedding is paid off. Since getting engaged, we've been saving more for the little & unexpected things.
Do not do a loan! FH is using his credit card because he gets points and cash back. He also pays it off every month. We also opened up a separate savings account to put money into for the wedding
We are having pretty long engagement partially because we wanted to pay the wedding on our own and debt-free.
We got engaged 2.5 years ago and have been saving for about 2 years. We are at 2/3 of our goal and will be able to fully pay our wedding off by the wedding.
But we are also utilizing credit cards so we can take advantage of bonus points & cashback. We have enough savings so credit cards are being paid off right away.
I think this has been one of the best decisions we've ever made!