Friday, August 22, 2008

Wedding Budget



Now that I'm engaged, before my mind starts dreaming of all the amazing wedding planning and details ahead of me, my finance side kicks in. How much does a wedding cost? The first thing you do when you get engaged is to establish a wedding budget....how much can you spend? Where will your resources be coming from..family? Or will you and your fiance be fronting most of the expenses?

The last thing you want to do is start off a marriage with debt, that is a no no no...one night is just not worth the years of stress it could take to pay off the debt. Set a savings goal and a budget and stick with it.

Even if your parents are fronting the bill, try to think of it as spending your own money. Would you spend that much on a dress if it was your own money? Be sensible, maybe you'll end up with some extra for that downpayment on a new home or car!

I already found a great wedding budget calculator at www.theknot.com... click on Wedding Budget.

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