How did you pay for your wedding?

michellepicksbrent · February 7, 2009

We both had some savings that we put into a 'wedding account'. Like many of the couples here, we're paying for things as they come up from the wedding account.

nikkib · February 7, 2009

Thanks for all the responses ladies. Knowing what tough economic times the world is in, its good to see how everyone makes a way financially to pay for their special day.

BeautifulBridetoBe · February 7, 2009

Quote:

Originally Posted by calchik

we opened a wedding account first thing when we got engaged 9 months ago. nothing but wedding stuff gets paid out of it. and we both put a certain amount in every pay check.

stuff like wedding attire, rings, MOH, best man, wedding gifts are the own person's responsibility. we're both paying for our own trip on our own too. everything else comes out of the wedding account.

we pay for things as they come up. anything huge (like our AHR venue deposit) got paid on one of our credit cards then promptly paid off with the money from the wedding account. we're on budget for our wedding...honeymoon, not so much. lol

We are following almost exactly the same path, except that the rings, wedding attire, luggage, airfares, even the passport renewal fee were budgeted to come out of our new joint account. The wedding is equally ours, so we decided to pay for everything together. We both put aside the same amount of money into the account every pay cheque and we have a budget. Nothing that is not wedding related comes out of that account.

We pay for larger ticket items on credit card as well, just as a safety measure. If need be, we can dispute any charges that way...if we pay cash, we would be out of luck just in case. And we also pay it off from the account immediately.

I am keeping an expense record as well. I write down every 25 cents we spend on the wedding here...to keep track and in truth, it prevents me from spending and not realizing what we spent the $ on. It really works...I can now say that in my initial engagement excitement, I wasted about $400 on "stuff" that we most likely not use. It did not look like much beacuse it was $5 here, $10 there..but then I added it up and saw it for what it really was....a waste! So I recommend keeping an expense log.

Our goal is to go on the honeymoon WEDDING DEBT FREE! We'll most likely enjoy it more that way!

Jennifer Davis · February 7, 2009

My Dad is chipping in 5K for the photographer and catamaran cruise.

Kenny and I are paying for our own wedding clothes and rings.

We are splitting all other costs 50/50 including reception costs, flights, accomodations, OOT bags, favors, airport transportation, etc. We set a budget of 25K so we need to come up with 10K each. I am using a portion of my savings and tax return for my half and FI has been giving me bits of cash which I have depsoited in our joint savings account we use for vacation money. He is also using his tax return for his half.

I have just been paying out of pocket for items such as my STDs, website and invitations. I am not planning on including that in the wedding budget.