November 6, 2006
Paying for Your Wedding
There is no doubt about it, the cost of a wedding in this era is a significant financial commitment on the part of the people involved. The average wedding in both the United States and Canada is said to cost between $20,000 and $25,000. That's on average! If you live in a major metropolitan area in these countries, some say that you can actually expect to double this amount in order to have your special day.
Put in perspective, these figures can seem very daunting. Looked at in another way, you could buy a new car for your new family with the money that is going to be spent on your wedding. Added to the cost is the fact that although the average age of couples who are getting married today is going up, they tend to be in more significant debt than couples of the past. Many find themselves already up to their eyeballs in loads, for things such as cars, credit cards, and student loans.
At Wedding Wizards, we have a special section dedicated to helping you find ways that you can make your wedding more affordable and give you ideas on where you can cut costs. Here are some of the articles we have come up with:
Unique Money Savers: Ever heard of a sponsored wedding? Well, the information in this article will let you in on the details!
Who Pays for What? This is a question that almost everyone wonders. It is important that the couple have help in offsetting the costs of their wedding, but what is the best way to go about it? The answer used to be straightforward, but now there are any number of combinations that can be applied to help with the wedding costs.
Ways of Paying: is it the wisest move to take out a loan for paying the costs of your wedding? What type of loans are available for this purpose?
The Price Breakdown: What can you expect to spend on each area of your wedding?
Cutting the Corners: Areas where brides and grooms can show some flexibility that can help them save a bundle of cash.
It is pretty likely that your wedding is the biggest party you will ever throw, and you can expect the budget to be proportionate to the event. We all want our weddings to be perfect, and there are ways of achieving a dream wedding without spending way beyond your means.
Filed under Finance by Chris Morton
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