Just the two of us
TO GO BIG OR TO GO SMALL,
THAT IS THE QUESTION
According to “industry experts” the average wedding in 2018 was $33,391. This figure, to me at least, is much higher. I would say the average wedding couple will spend closer to $60,000 for a traditional wedding. And to put everything into perspective, that’s $60,000 in four hours, where most of that money will go towards other people eating, and not towards something much more beneficial like a down payment on a house, a high yield mutual fund, a fancy car (Which I may add, even though the price of that car will go down after you dive it off the lot, at least you can own it for the next 10 years rather than 4 hours)
In my opinion, traditional weddings are expensive and huge debt traps. Therefore, they should be avoided at all cost.
Why are traditional weddings so expensive?
- It’s the reception, mostly. The fine dining food and alcohol bill. Oh, and let’s not forget the overpriced cake, the decor, and the entertainment.
- Then you have the overpriced wedding photographers and videographers, whose quality is great, but their services are still overpriced.
- I’ve seen couples spend $10,000 on these services! I mean, come on. Really?
Why are destination weddings cheaper than traditional weddings?
- Destination weddings are only cheaper if you don’t have a big reception.
- if you have a big reception at your destination wedding, they are just as expensive.
Is a SMALL destination wedding is BETTER than a BIG traditional wedding?
- Hell yes!
- You don’t go into debt.
- Let’s see. You can spend $60,000 on a wedding or 1% of that amount to plan a small destination wedding
- If you elope, all the money for your wedding will be spent on yourselves.
- I know it sounds selfish, but what the hell, it’s your day, right?
- You’ll have less stress.
- I would say traditional weddings will put your stress level at a level 13 on a scale from 1 to 10. I’m not lying about that. And guys, it may turn your bride into a bridezilla (just a warning)
- Talking about planning. If you keep your destination wedding small, you don’t have to plan much of anything.
Saw this piece of great advice today on the back of a magazine. Yeah, why don’t you put a second mortgage on that house to plan a big party (aka wedding). Have fun for four hours and spend the next x amount of years in debt.
Steve Young
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