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Jennifer
Expert March 2017

Wedding bank account

Jennifer, on August 14, 2016 at 2:26 PM

Posted in Etiquette and Advice 31

We're getting 10k from each of our parents to cover the cost of the wedding. We're pretty early on in our planning and have only booked the venue and bought my dress so far. Both times, I paid myself out of my own money and have had to deal with getting the money back from my parents, which still...

We're getting 10k from each of our parents to cover the cost of the wedding. We're pretty early on in our planning and have only booked the venue and bought my dress so far. Both times, I paid myself out of my own money and have had to deal with getting the money back from my parents, which still hasn't happened. I suggested that we open a checking account to put all of the money going towards wedding expenses in, that way we can use that debit card to pay directly rather than getting things all mixed up. I mentioned it to my dad and he didn't seem too happy about the thought, and neither did FH's parents. We're not saying to put all the money in at once but I think this would be the easiest way to help us budget and keep track of the money. Plus, by me paying for things upfront is will put a strain on my accounts. FH and I will also be contributing to the wedding bank account. Is this unreasonable or rude? How did everyone else manage their money during the planning process?

31 Comments

  • OMW
    Master August 2013
    OMW ·
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    Maybe they feel as though you're pressuring them. Although they offered, maybe they don't have it to give just yet.

    Just pay for things yourself. If they come through - great! If not, at least you won't have to cancel at the last minute.

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  • OMW
    Master August 2013
    OMW ·
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    Rachel, I flagged you for telling the OP not to ask for advice on this site. You can't tell someone not to post here.

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  • StephanieNaz
    VIP August 2017
    StephanieNaz ·
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    As everyone, aside from Rachel, has advised, do not plan on the money. Not saying it won't come but what happens if there is an emergency and it doesn't. Rachel, I am sorry you were looking for advice after an unfortunate situation. Allow us to spare OP your previous despair.

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  • A
    Savvy August 2016
    Alex ·
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    We came up with the number that we could send on the wedding - then when we were offered money from parents we set that amounts said for the honeymoon. I like to look at any given money as a bonus, but don't rely on it

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  • Ashlyn610
    Super June 2017
    Ashlyn610 ·
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    Would they be willing to pay themselves for something if they are planning on giving some money? My parents are paying for my wedding and when it's time to book a venue I go over the prices with them and when they agree that the price is reasonable I sign the contract and they send a check in with it.

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  • B
    Dedicated September 2016
    Becca B. ·
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    Hi Jennifer. My parents and FH parents both offered a specific amount of money to help with whatever wedding expenses we chose. FH and I set up a joint account and it has been hugely helpful to keep track of our budget.

    I am a proponent of being straight forward and up front. If you have a good relationship with your parents and If they offered the money then bring it up while talking about the wedding. Tell them you are working on your budget and ask politely if they are still comfortable contributing anything to the wedding. To me, that is much better than tip toeing around the subject .

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  • Chandra
    Expert December 2024
    Chandra ·
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    Yes, pay out your pocket, and open up your account, only you and your FH, know, what you can afford, it's your wedding! Don't depend on no one for money, if you get it great, if not, great. You won't owe no one. Good luck

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  • MrsMet
    Super July 2017
    MrsMet ·
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    Aside from how the money gets in there, I totally recommend the separate account for wedding expenses. It's so much easier for staying on budget and keeping track of just wedding related expenses separate from your personal stuff.

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  • Amanda
    Savvy October 2016
    Amanda ·
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    Oh boy was this a struggle in the beginning for us. What ended up working the best is my parents decided on what pieces they wanted to pay for (parents are divorced so dad is taking care of the reception cost, mom is handling the photographer, videographer, photo booth, and my dress) and we did all the rest. Giving them bigger things allowed them to pay for things on their schedule and then we didn't have to go to them with all the nickel and dime stuff that we got... Which adds up sooooo quickly but it worked out the best. Just find a happy medium that works for them and be sure to thank them for anything they offer to do!! Good luck!

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  • LaKessia
    Super October 2016
    LaKessia ·
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    I was told we would be given a certain amount. Luckily I planned based on our income because if I had booked some of the stuff banking on those funds I'd be in a bind. Only plan based off of your own money. If your wedding is in March you shouldn't have to constantly ask to be reimbursed. There are so many things that need deposits now.

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  • Grace
    VIP June 2018
    Grace ·
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    Darn I am late to the party and want to see what this Rachel person said lol. That being said: getting a savings account that you both can deposit into is a great start. I agree with everyone else, plan for what you can afford and anything anyone else gives you is a bonus or can help pay for things you budget for later like the honeymoon. FH and I are paying for our wedding ourselves and my parents ended up giving us some $ to help put towards our deposit on our venue. FH's mom also said that she would pay for the alcohol (but we just asked if she would pay for the rehearsal dinner - pizza at a pub close to our venue - instead as it would be easier on her wallet). If she does, great, if she doesn't we're still budgeting for it as well. There's even accounts that you can set up to automatically withdraw money from your personal accts so that you always put away a certain amount each month or each paycheck. best of luck to you! Smiley smile

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