When the Beatles sang, “Can’t buy me love,” perhaps they hadn’t considered the cost of a wedding. According to a story in _Kiplinger’s_ May issue, the average wedding now totals nearly $28,000. The story also noted that today just 30% of brides’ parents pay for their entire wedding. To save money, the article suggested holding your wedding “off season” (non-summer months); looking for creative alternatives to pricey receptions (know anyone with an especially nice backyard?); and buying a wedding dress online (a dress bought via eBay averages $267 versus a national average of $922).
\nh3(matt). Matt’s View:
\np(matt). After the wedding, I encourage couples to avoid the following marital money management mistakes: Keeping separate accounts (it promotes a “mine\/yours” approach whereas combined accounts promote an “ours” approach); building a lifestyle that requires two incomes (a one-income lifestyle provides flexibility should one spouse want to stay home with kids, provides a stress-reducing safety net in case one person loses their job, and enables couples to do something very radical: save!); and buying too much house (if neither person owns a home prior to the marriage, I encourage newly married couples to wait 6-12 months before buying. It allows time to focus on getting the<\/p>\n","protected":false},"excerpt":{"rendered":"
When the Beatles sang, “Can’t buy me love,” perhaps they hadn’t considered the cost of a wedding. According to a story in _Kiplinger’s_ May issue, the average wedding now totals nearly $28,000. The story also noted that today just 30% of brides’ parents pay for their entire wedding. To save money, the article suggested holding […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pC9nj-1f","_links":{"self":[{"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/posts\/77"}],"collection":[{"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/comments?post=77"}],"version-history":[{"count":0,"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/posts\/77\/revisions"}],"wp:attachment":[{"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/media?parent=77"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/categories?post=77"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mattaboutmoney.com\/wp-json\/wp\/v2\/tags?post=77"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}