It seems like everyone I know has recently gotten married or is currently engaged. I suppose it’s the age bracket I’m in, where everyone is settling down, committing, and thinking of the future. Eric recently walked down the aisle as did our good friend Kathleen. Weddings can be a fun and expensive affair for the …
How Much Should You Spend on Your Friend’s Wedding Gift? Read More »
Excuse this interruption from your usual financial updates. I have some big news to share!
If you are thinking about getting married soon, chances are that you are trying to save money on your wedding. Weddings can be an expensive event to host, especially if you are getting married at a young age.
What always turns out to be an after thought, though, is the gift. Going to a wedding is not cheap. Flight, hotel, and rental car can easily approach $500 depending on the destination. Once you factor in meals, bar visits with friends, airport parking, and other incidental costs, $500 becomes conservative. If you are in your 20s or 30s, you might have several of these per year. Ouch!
