Navigating Wedding Costs: Tips from a Debt Relief Attorney
The average wedding cost in 2023 was $29,000, according to Fidelity, putting a significant financial burden on many couples as they start their new life together. Leslie Tayne, a debt relief attorney with 25 years of experience, advised couples to carefully consider their budget and plan ahead to avoid going overboard.
Tayne suggested that couples should think about ways to pay off their wedding expenses over time, such as extending their engagement period to save up money or negotiating with vendors for better deals. She also recommended being flexible with wedding dates and choosing off-peak days to save on costs.
In addition to the financial strain on couples, Tayne also 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 to find creative ways to save money, 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 emphasized that it’s important for guests to feel comfortable saying no to wedding invitations if they cannot afford to attend.
Overall, Tayne’s advice serves as a reminder for both couples and guests to be mindful of their finances when it comes to weddings, and to find ways to celebrate without breaking the bank.