Navigating Wedding Costs: Tips for Couples and Guests

The average wedding cost in 2023 was $29,000, according to Fidelity, putting a significant financial strain on many couples as they start their new life together. Leslie Tayne, a debt relief attorney with 25 years of experience, has some valuable advice for couples looking to navigate the expensive world of weddings.

Tayne recommends that couples carefully consider how much they want to spend on their big day and understand that they will likely go over budget. She suggests figuring out a plan to pay off the wedding expenses over time, such as extending the engagement period to save up money or negotiating with vendors for better deals.

In addition to the financial burden on couples, Tayne also highlights the costs that guests incur when attending weddings, including attire, gifts, and potential travel expenses. She advises guests to be selective about which weddings they choose to attend and offers tips on how to save money on wedding-related expenses.

Overall, Tayne emphasizes the importance of being mindful of your budget and finding creative ways to celebrate the bride and groom without breaking the bank. With some careful planning and communication, couples and guests alike can navigate the world of weddings without sacrificing their financial well-being.