Weddings come in all sizes and costs

Weddings come in all sizes and costs

There are 29 comments on the Chicago Tribune story from Jul 24, 2008, titled Weddings come in all sizes and costs. In it, Chicago Tribune reports that:

W ho says you have to break the bank to have a wedding to remember? Today's column proves you can spend as little as $107 and still have memories that last a lifetime.

Join the discussion below, or Read more at Chicago Tribune.

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Sarah

Sunnyvale, CA

#21 Jul 25, 2008
About a year ago, I heard an interview on NPR with a woman who worked for Money magazine. She said that people usually thought they could afford a bigger wedding than they actually could afford. She said that in terms of stable financial decisions, people can't actually afford a wedding that costs more than 5% of their annual combined income. So: a couple earning $100,000/yr would be financially irresponsible to spend more than $5000 on a wedding.

She recommended that if a couple really wanted a more expensive event, that they should postpone their wedding by whatever number of years it would take to save the money (e.g, a $20,000 wedding would mean an additional 3 years), but by that point it was better to invest the money in a retirement account, paying off debts, or a down payment on a house.

“People are fun to watch”

Since: Aug 07

Chicago

#22 Jul 26, 2008
Sarah wrote:
About a year ago, I heard an interview on NPR with a woman who worked for Money magazine. She said that people usually thought they could afford a bigger wedding than they actually could afford. She said that in terms of stable financial decisions, people can't actually afford a wedding that costs more than 5% of their annual combined income. So: a couple earning $100,000/yr would be financially irresponsible to spend more than $5000 on a wedding.
She recommended that if a couple really wanted a more expensive event, that they should postpone their wedding by whatever number of years it would take to save the money (e.g, a $20,000 wedding would mean an additional 3 years), but by that point it was better to invest the money in a retirement account, paying off debts, or a down payment on a house.
People drive more car and live in more house than they can afford, too.
EEE

Westmont, IL

#23 Jul 26, 2008
Heinie wrote:
Nope. The Regulars haunt these boards, complain loudly, but love it in their own special way.
Shhhhh!!!!

Why you gotta out us like that???

Actually I really would rather she give some advice. Then we can really tear into her! I for one LOVE a lively debate!
Ghetto Fabulous

United States

#24 Jul 26, 2008
Stories about poor people are always heartwarming.
EEE

Westmont, IL

#25 Jul 26, 2008
Stepmonster wrote:
I agree that people should have the wedding that they would like, as long as they can pay for it. My step-daughter informed us that we "owed her" $3,000 for our share of her wedding. No please, no nothing. I had 60 people at our wedding for mass and brunch and it was wonderful, and cost way less than what we "owe" for her wedding!
Holy carp!

What did you tell her? Please please please say that you told her off for being a selfish little B!
Foosball Fan

United States

#26 Jul 26, 2008
Most engaged couples come into a marriage with big student loans and credit card debts. Add another big debt from the wedding plus the additional debt from buying a home and spitting out kids. If engaged couples only spent as much time and energy planning for their marriages as they do for their weddings, maybe we would see less married couples in financial distress and filing for divorce.
Jackie

Woodridge, IL

#27 Jul 26, 2008
I loved our ceremony. Now, I've been to quite a few weddings that are really ridiculous. The bride spends most of the time fretting over everything. And you know how there is Bridezilla? Let me tell you that there is such a thing as Bridesmaidzilla, too. You know, the girls who do nothing but talk about the wedding they'll be in and cry over every single decision that the bride makes. And tell you things like, "you're not acting like us, so you don't care about the bride."

I stood up in a wedding with two girls like that. I couldn't wait for that wedding to take place so I would never have to see those losers again. When your whole life revolves around the wedding and you're just a bridesmaid, you have serious issues.
Russell

Albuquerque, NM

#28 Jul 26, 2008
My late parents married in 1935. To begin on the right foot, they met half-way betwen the cities in which they lived. Because the law required that they reside there for 3 days before marrying, they lied about how long they had lived there, so perhaps their marriage wasn't even legal. A JP married them. Even so, they got along well, produced 3 children, and the marriage lasted 'til dad died 47 years later.

So, what's important, the marriage, or putting on a show?
Sarah

Sunnyvale, CA

#29 Jul 27, 2008
Foosball Fan wrote:
If engaged couples only spent as much time and energy planning for their marriages as they do for their weddings, maybe we would see less married couples in financial distress and filing for divorce.
You said it! The wedding only lasts a day. If everything has to be as expensive and perfect as most couples want their wedding to be, they're in for a big shock when the reality of life sets in.

I've always been a little disturbed that so many allegedly "grown up" women need to have big princess weddings. Let's face it, playing dress up and spending egregious amounts of money on unnecessary things aren't exactly the hallmarks of adult behavior, are they? What is creepiest is that the details of the wedding are so often planned out, years before the groom comes into the picture.

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