Navigating Wedding Costs: Tips for Couples and Guests

The average wedding cost in 2023 was $29,000, according to Fidelity, putting a financial strain 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 overspending.

Tayne recommended that couples think about how they can pay off their wedding expenses over time, suggesting options such as 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 burden on couples, Tayne highlighted the expenses that guests incur when attending weddings, including attire, gifts, and potential 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 recommended speaking to the wedding host about their financial constraints and finding alternative ways to show their congratulations to the bride and groom. She emphasized that it’s okay to decline a wedding invitation if it’s not financially feasible.

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.