Say I DO To Wedding Savings

The average cost of a wedding in the U.S. is $24,066. Most couples spend between $18,000 and $30,000 for their big day. For many, that hefty sum could otherwise be used as a down payment on a home or for other necessities. In fact, 35% of married couples later regret their expensive ceremonies.

The best way to approach a wedding day is to first determine the budget–without going beyond what is affordable. After that, move on to making the lists and working out the details. Saving money doesn’t mean cutting out your greatest wedding wants. You can drop the high-priced consultants, designer labels, and prime season scheduling, for instance. Creative people tap the help of friends and family to plan a ceremony that looks like the royal wedding, but does not come with a bill to match.

Keeping the wedding affordable will help you remember the event for the happiness of the moment—rather than the years spent paying down the debt.

Related Articles

Clearpoint has been helping consumers with their personal finance goals and debt repayment strategies since 1964. Today, we work with consumers all over the country through counseling that is administered online, in person or over the phone. Learn about our services today!

Want help with your budget?

Our counselors will review your budget, credit score and credit report with you for free.

Get Started

Become a Subscriber

Get the latest credit news and money management tips sent directly to your inbox.

Read More Like This

Comments

Leave feedback or ask a question.

No responses to “Say I DO To Wedding Savings”

Add a comment

Your email address will only be used if we need to contact you about your post. It will not be made public or used for marketing purposes without your permission.