Wedding financials

Well I hate to be the one to say this but honestly I don't think that's a good idea. At the end of the day every couple deserves their amazing wedding day but unfortunately not every bride has that money to be able to do that. Even a $6,000 loan is something else you have to pay off and the interest rates can be ridiculous. I'm not saying your wedding day is not an important day as it is but I think the day is just one day so do you want to add more debt to your finances for one day? You can have a lovely day without breaking the bank. I would pinterest budget weddings and get some cost effective ideas. Start saving what you can. You can have a beautiful day w/o breaking the bank.

Don’t do it. Cut where you can. My budget is $7000 not including my dress and his suit. We came in at 4100 for our wedding and reception and with minimal decor. Set down any valuate through his report and email it to the other side What you don’t mind sacrificing. For example. Ceremony food and party were my top 3. I could care less about all the decor and fancy invites etc.
taking out a loan is entering into the marriage union with a debt even if under $10000. It’s still a debt that needs to be paid.

You never want to start a new marriage in debt. I highly recommend not taking out a loan. I would either have a small event or wait until I had the money

Don't do it.
If you don't have $6000 in easily accessed savings and don't think you can get the money together before September, how on earth will you pay it off?
I would recommend focusing on your savings and either put off the wedding or just have a very simple ceremony and cake and punch. Debt is so stressful, you don't want that to start your marriage.

Make cuts or postpone until you're in a better financial position. You should never go into debt over a party.

View Quoted Comment I thought about that and its heartbreaking so I dont know what to do but thanks for the advice

View Quoted Comment Right this is so hard😪

View Quoted Comment You right about that

I would if you need it... it’s less stress off your shoulders and just in case something else comes down the pike you’ll have money for it!

View Quoted Comment All I want is a nice wedding. I really only need $3000 I have the other part saved but life happened and my plan got derailed so I'm struggling with this right now. Paying off bills has never been a problem for me so I know if I did this I/we can handle it. We have a big decision to make. Thank you for your honesty

View Quoted Comment That's what I was thinking. I understand the stress of being in debt but I'm good with money and me and my fiance work great together when it comes to getting things paid off. I or we just need this jump start. This day means everything to me! Thank you for your insight

I think it’s ok if you can make the payments back quickly. People take out loans for other things, I think if you want to do it it’s your decision.

Everyone is saying don’t do it but.... what does your heart say? It’s not like you are taking out a $50,000 loan. $6,00 is much more doable to pay back and yes there will be some interest paid back but is the extra money worth your special day? You only get one (hopefully) day like this in your entire life. Also as for debt, everyone has debt! It’s not a dirty word or a horrible thing as long as you and your significant other are on the same page about it! Just think, you can celebrate again when you oh it off! Lol personally it’s important enough to me that I would do what it took to make my special day but you need to do what is in your heart. Money is money. It comes and goes. The feelings you and your husband will get on that special day is what matters!

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I get what you mean but I just want to say that a nice wedding does not mean breaking the bank. I would say $3000 I can see but really the ceremony is the cheap part and to me the most important part it is a reception. I just think it adds more stress to a wedding to start with debt. I say $3000 is reasonable. Can you and your FH split that evenly? My FH are splitting the cost except on photography where I am splurging but within reason. Check this site out for ideas. http://www.rootedinrosegold.com/what-a-wedding-under-3000-looks-like/

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I see what you are saying but at the end of the day it is easy to say that to someone when ultimately it is not our money being affected. There is good debt and bad debt. A mortgage on a house you own is logical debt but debt for optional expenses is not. I am not trying to be rude and it is okay that we disagree and I agree it is only $6000 but even if she is responsible I think other life unexpectancies can come up and then that is more stress. For 6 months I had to be the bread winner for my FH and I while he was getting denied jobs within the field he wanted to do and I wish we had a better savings and having to make sure we pay off our kitchen loan plus maintain the bills, the mortgage and food in our bellies plus our dog and while he was out of work he could not afford his debt and he had to play catch up for a bit when he did get a job. If anything I am saying no because I have been in a rough situation and God forbid I had more debt to pay off. There are nicer ways to have a wedding within reason and the beautiful day can still be done.

Never the best idea to take out a loan unfortunately. The interest on those things can rack up over time. You also don't want to have too much debt going into your marriage. cc debt and personal loans are killers to your credit. Maybe find a new budget or push the date back?

I don't recommend taking a loan for a wedding. It may be only $6,000 but when you add in interest and fees that 6k can go upwards of 10k. I've been in that boat and trying to keep up on the payments on top of all the regular expenses gets pretty tricky sometimes. There are definitely ways to cut the budget. Ours is 5K for 160 guests for everything except the honeymoon and so far we are way below that.

You should NOT take on debt planning to start a new life.


Outside of a 🏠or 🚘, if really needed.

Do some things yourself! You got plenty of time. Mine in may and I've been buying little things here and there. My biggest expenditure is going to be pictures. Like someone said pinterest and YouTube. My cousin offered to help put favors and decorations together. Yes

I had family members take out a couple of different small loans for their wedding. They are 5 years into their marriage and are still paying them off. I can't even believe it. It's especially heartbreaking because they paid for 150 people to come, and 30% of their guests never showed, so they're still paying for food that never got eaten, chairs that were never sat in, cake that was cut for nobody, etc.

I would suggest you don't do it, just because you have no idea if another emergency will come up and what will you do then? Will you still be able to pay off the loan? You never know. There's no shame in postponing. Or cut things out of your budget. We changed our ceremony to a back yard bbq and saved tons of money. Our whole wedding, dress and booze included, is about $1,200 for 50 people. What if you just use the money you saved and try to cut back on that if you can, even, so that you have something leftover when all is said and done?