Navigating Wedding Costs: Tips for Couples and Guests

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 advised couples to be flexible with their wedding dates and choose off-peak days to save on costs.

In addition to the financial strain on couples, Tayne pointed out that wedding guests also incur expenses for attire, gifts, and potentially travel costs. She suggested that guests be selective about which weddings they attend and find creative ways to save money, such as swapping outfits with friends or renting clothes.

For guests on a tight budget, Tayne encouraged open communication with the wedding host about their financial constraints and suggested alternative ways to show their support for the couple. Ultimately, Tayne emphasized that it’s okay to decline a wedding invitation if it’s not financially feasible.

As the cost of weddings continues to rise, Tayne’s advice serves as a helpful guide for both couples and guests to navigate the financial aspects of celebrating love and commitment.