"The person who makes a success of living is the one who see his goal steadily and aims for it unswervingly. That is dedication." - Cecil B. DeMille
logo

Go Back   Saving Advice > Financial Chit Chat > Personal Finance News, Articles & Blog Posts

Personal Finance News, Articles & Blog Posts Come across personal finance news, articles or blog posts that you really liked and want to share? Place them here.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 05-23-2005, 07:26 AM
jeffrey's Avatar
jeffrey jeffrey is online now
Administrator
 
Join Date: Apr 2004
Posts: 5,000
Last Blog Entry: Forum Posting Issues - Access Denied
Points: 380270.80
Donate
Default The Cost Of Weddings

According to a new article on money.cnn.com, the price of the average wedding has passed $25,000 to $26,327. This is a 73% increase in cost over the past 15 years according to the study quoted. The survey also found that almost half the couples end up paying more for their wedding than they budgeted.

For many people, that's an entire year's salary spent in one weekend. While I have nothing against having an event to be remembered, is it really worth starting your new life off together in debt from day one? The survey seems to suggest that this how couples want to begin their life together.

The article makes one key point that I think all couples planning a wedding should carefully consider:




...customizing a wedding to meet individual tastes doesn't always mean breaking the bank, the survey found.

For example, about 9 percent of couples will hold a "destination wedding," which involves the entire party traveling to a special location for the celebration. These couples spend on average 41 percent less on their receptions than those who have an average wedding, according to the survey...


There are ways to make a wedding special and memorable without going into debt in the process.
Reply With Quote
  #2 (permalink)  
Old 05-26-2005, 02:05 PM
BillsGirl's Avatar
BillsGirl BillsGirl is offline
$ Saving Post Graduate
 
Join Date: May 2005
Location: Minneapolis
Posts: 2,882
Points: 35881.50
Donate
Default Re: The Cost Of Weddings

My wedding cost me $350.. I'll break it down for you $100 the cost of my dress, $200 the cost of my recpetion (which my sister paid as a gift to us) family only event, then $50 which my husband tipped the pastor since he didn't wan tot be paid... we used a chapel for free! It was the most lovely and wonderfuly night of my life, I enjoyed every minute of it!
Reply With Quote
  #3 (permalink)  
Old 06-07-2005, 02:03 PM
Fern's Avatar
Fern Fern is offline
$ Saving College Junior
 
Join Date: May 2005
Posts: 1,415
Last Blog Entry: Calculating the Savings in Growing Your Own Food
Points: 30827.10
Donate
Default RBravo to BillsGirl

Don't understand who so many women feel they must make this one 24-hour period the biggest party ever, and spend as if it's the last day of thier life. In fact, it's just the first day of a new beginning as a married person.

The propensity to spend big at weddings is something that marketing people in a wide range of businesses push to make money off couples' desire to be happy. I think people should look to their significant other for that happiness instead of breaking the bank to impress family and friends.

Since so many marriages end in divorce, why not plan a modest wedding, with plans for a big splash on that 10-year anniversary (if you make it).
Reply With Quote
  #4 (permalink)  
Old 07-17-2005, 01:53 AM
Bluezy's Avatar
Bluezy Bluezy is offline
$ Saving College Sophomore
 
Join Date: May 2005
Location: Citizen of the World
Posts: 797
Last Blog Entry: New job and changes.
Points: 9045.90
Donate
Default Re: The Cost Of Weddings

I believe it shows an unrealistic view of the marriage contract. However, to each their own...and I shall now head off to begin a wedding planner service. USD $25,000+ for a ceremony?!?!?!?!??!?! I see potential for a business there.
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tips For Saving On Weddings cheapwaysto Money Saving Tips 25 06-11-2008 02:57 AM
FREE Organic Weddings Paper Samples Kimmie628 Other Freebies 2 08-01-2006 10:56 AM
Cost of Car per Day lrjohnson General Discussion 10 04-25-2006 07:26 AM
Gas up. What will you do to cut down the cost? seaar2000 Frugal Questions and Answers 8 03-08-2005 10:55 AM
Gas Likely To Cost Even More jeffrey Personal Finance News, Articles & Blog Posts 1 04-03-2004 12:18 AM



Powered by vBulletin®
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.

Copyright © 2012 SavingAdvice.com. All Rights Reserved.