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, has some valuable advice for couples looking to navigate the high costs associated with weddings.
Tayne recommends that couples carefully consider how much they want to spend on their wedding and understand that they are likely to 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 strain on couples, Tayne also highlights the expenses that guests incur when attending weddings, including attire, gifts, and potentially travel costs. She advises guests to be selective about which weddings they attend and offers tips on how to save money, such as swapping outfits with friends or renting clothes instead of buying new ones.
For guests on a tight budget, Tayne suggests speaking to the wedding host about providing a gift that is affordable. She emphasizes the importance of finding creative ways to show congratulations to the bride and groom, and reminds guests that it is okay to decline a wedding invitation if it is not financially feasible.
As wedding season approaches, Tayne’s advice serves as a helpful guide for both couples and guests to navigate the financial aspects of attending and hosting weddings.