Wedded Bliss Not Wedding Bills – Start Your Married Life Without Debt
Getting engaged is an exciting time for any couple, charged with emotions and expectations. However, no matter how young or old you are, keeping the financial aspects of a wedding in mind early will help make sure that no one, least of all you, is disappointed.
Weddings these days are often very personalized, which provides a lot of flexibility to plan what you want, while still keeping within what you can afford and avoiding debt. So, in the spirit of wedding adages and traditions, here’s a new take on something old.
Set a Wedding Budget to Plan What You Can Afford
Before you do any planning, start by getting back to the basics with something old – a budget. A budget for your big day gives you and your intended, as well as your families, the freedom to plan and make choices with what you have. Your discussions then change from what you can’t afford to what you can afford (which is a lot more fun!).
Related: 5 Ways to Make Your Wedding More Affordable
Look for Creative Ways to Stick to Your Budget
Once you start planning for your big day, something new might come your way. Be open to new ideas and find creative ways to stick to your budget. It’s hard not to compare yourself to what family and friends have done or to what they expect, but it’s ok to be different and to stick to what you can afford.
If this isn’t your first time getting married, or both of you already have everything you need, consider asking friends and family to chip in towards a bigger goal you’re saving for.
Don’t Rely on Credit to Pay for Your Wedding
Something borrowed doesn’t mean credit. As you look forward to planning your married life, not just your wedding day, plan how you will afford your lifestyle without being burdened by debt and the stress that comes from unrealistic expectations and arguments about money.
Related: How to Start Talking With Your Spouse About Money
Find Ways to Save and Avoid Debt
Something blue might be the $5 bills you can save by cutting back certain expenses right now, not the feelings you’ll have as the debts pile up. Regardless of who is paying for your wedding, looking for ways to afford some of what you want, rather than everything fairy tales are made of, will help you stick to your budget.
Start Your Marriage Without a Tradition of Debt
Think about how you can make lasting, happy memories about your wedding day, rather than remembering it by how much debt you got into. Relying on traditions can be nice, but your new life together doesn’t need to start with a tradition of debt. Keep wedded bliss not wedding bills in mind and you’ll be off to a great start!
How did you manage your wedding costs and what tips can you share?