Navigating Wedding Costs: Tips from a Debt Relief Attorney
The average cost of a wedding in 2023 was $29,000, according to Fidelity, putting a significant financial burden on many couples as they start their new life together. Debt relief attorney Leslie Tayne, with 25 years of experience, advised couples to carefully consider their budget and plan ahead to avoid going overboard.
Tayne recommended that couples think about how they can pay off their wedding expenses over time, suggesting options like extending their engagement period to save up money or negotiating with vendors for better deals. She also emphasized the importance of being flexible with wedding dates and choosing off-peak days to save on costs.
In addition to the financial strain on couples, Tayne highlighted the expenses that guests incur when attending weddings, including attire, gifts, and potential travel costs. She advised guests to be selective about which weddings they attend and offered tips on how to save money on wedding-related expenses, such as swapping outfits with friends or renting clothes.
For guests on a tight budget, Tayne suggested speaking to the wedding host about providing a gift that is affordable. She encouraged people to find creative ways to congratulate the bride and groom without breaking the bank and reassured them that it is okay to decline a wedding invitation if necessary.
As wedding season approaches, Tayne’s advice serves as a reminder for both couples and guests to be mindful of their finances and make smart choices to avoid unnecessary debt.