How To Be Financially Cautious For Your Wedding Day

Written by Henry Young. Posted in Relationships

We call weddings “your special day” for a reason. After all, this whole event is about you and your significant other, a culmination of the time you’ve built with each other to grow and progress, solidifying that love to live on forever in one of the oldest traditions known to humanity. However, with how much pressure we put on the importance of marriage, it can turn into a pretty nerve racking affair.

As the average wedding costs approximately $27,698 that can be a substantial chunk of change to a lot of couples, especially out of pocket. What with having to serve and possibly house all your friends and family, the entire thing can feel as though it’s about them, not you. And despite wanting to make everyone happy, you and your significant other’s happiness is first and foremost, which is exactly what I’m going to help you find on your wedding day.

Go After The Advice of Those With A Similar Goal In Mind

Whether you’re looking for a wedding planner or just some friends and family out to help counsel you on the ideal wedding, it’s important to bring in those with a similar goal in mind. After all, this is going to be a day that you’re supposed to remember and cherish forever, and as such, you should want to share that experience with those who’ve helped you get there. Plus, weddings can be an incredibly emotional time for everyone involved, so having a third party’s expertise is vital.

If you’re looking for the advice of a wedding planner, your best bet is to find one that has a similar aesthetic in mind to what you’re after. A big part of their job is the network of vendors and venues they have access to, so it might not be a bad idea to shop around a bit. Additionally, while it’s usually never good to judge a book by its cover, you can gain a pretty good cursor on what they’re about by looking at their logo. This is an aesthetically driven business, and as such, those who take the time to look great are more than likely going to do the same for you as well. Don’t get me wrong, I know sometimes going after a planner isn’t always in the budget, but considering this is supposed to be a memorable event, it’s important to spend money in the right places.

Spend Money On What’s Important To You, Not What’s Expected

When it comes to having the perfect wedding, a lot of folks get misconstrued on what’s considered “standard practice” versus what they actually want to do. In fact, according to a survey collected by wedding planner Stevie Ray Entertainment, 72% of brides said they would’ve spent more time picking out the entertainment. And with how costly even the most cost savvy weddings can be, it can feel like a real bummer when things don’t go as planned.

One of the first steps you should take in defining the perfect wedding is sitting down with your significant other and asking each other what you feel like the most important aspects should be. This is going to require some compromise, as well as a serious look at your financial forecast as well. Quite simply, you don’t want to start a marriage out in a mountain of debt stemming from what was supposed to be the spark of a new beginning.

As noted in a study by two economic professors at Emory University on the relationship between the cost of a wedding and how long the marriage lasts, they found a high correlation that the more expensive the wedding is, the less successful the marriage. Don’t be one of the thousands, if not millions of couples that get divorced over money. Make this unique to you, and the rest will fall into place.

Make It Unique To You

In 2014, the CDC reported that there were approximately 2,140,272 weddings in the United States. If I had to guess, some of them didn’t have a ceremony (or a quick and dirty one). Some were expensive but absolutely terrible. Some were inexpensive but absolutely incredible. Regardless, it doesn’t matter if you’re going after recreating a Disney fantasy or even a Pirates of The Caribbean themed affair, just make it something special to you and your significant other. According to Lexington Law, a credit disputes firm, generations spend money differently. In today’s day and age, we’re seeing that less is more. So don’t make the mistake of thinking you need to spend more on your special day to make it better.

Trust me, nothing else matters. Not what your friends or family think, just what’s going to make you both giddy with excitement. So, forget the price, forget if a band or DJ will be better…no, just sit back, relax and paint the perfect picture yourself. As beauty is in the eye of the beholder, the question becomes: what’s your definition of beautiful?