Who isn’t a fan of the beautiful wedding? Especially when it’s a huge one with all your family and friends there to witness/share one of the most important days in your life. But did you know that a lot of big weddings can go from $20,000 and up?!?! The Wedding Report, an industry publication, reports that the average wedding costs $29,000 in the U.S. I also read about former football player, Curtis Martin, who recently got married and his wedding was a whopping one million dollars! Again one million dollars for those who didn’t understand the first time! He is rich, but do you know what I can do with one million dollars??? Seriously. Let’s just say a big wedding is not on my list. Considering the current state of the economy, this should be a topic to bring up for discussion.
The average low to middle class couple spending tens of thousands of dollars on one day should really take a closer look at their priorities. It’s not rare for couples to take large loans out just to pay for their wedding. The idea of massive debt for one day of fun, charging an amount equivalent to at least a down payment on a big house, kind of doesn’t make sense to me. Now who isn’t a fan of a big house that you can live in for as long as you want? Why not save that loan for a nice house instead of a huge wedding that you can’t even afford? If you can afford it then by all means go for it.
For those who really can’t, after that large loan you took out on that wedding and that day is over, you go back to that apartment or parents’ house and settle there (not cool). What’s wrong with having a nice intimate less costly (under 10gs) and saving that money for the future? Big wedding or big house? I’m for the bigger down payment on a nice house, dream car/cars, and all that good/expensive stuff.
If you ask me, I’d rather take a loan out on an expensive car that I can’t afford. At least I can enjoy it everyday that I have it. Trust me, that long-term happiness is a lot more worthwhile. And If I do become rich, then Big Wedding it is! I’m coming to the ceremony and reception in a helicopter. How ’bout that for a show? But until then, I’ll pass on the big wedding and go for a nice, less expensive, intimate wedding. I might not be able to invite everybody I want but I’m sure we’ll have pictures to share. So if my future wife is reading this, now you know what it is, and don’t worry it’s for the best. Just think four car garage with a car in each space…; ).