Shoeaholic No More

Monday

4

August 2014

30

COMMENTS

Why I’m Saving for my Wedding BEFORE I Have a Ring

Written by , Posted in Relationships

This article may contain affiliate links. Read our Disclosure Policy.

Some people think it's crazy to plan for a wedding before you're engaged, but not me! Here's why I'm saving for my wedding before I have a ring!The following is a guest post from my blogger friend, Downstairs and in Debt. I hope you enjoy it!

With the growing popularity of shows like Say Yes to the Dress and Four Weddings I’ve noticed a growing trend of a BIG wedding budget. While $5,000 dresses and $3,000 cakes are a little too rich for my blood, I will admit that I want my wedding day to be beautiful and not break the bank. I am currently NOT engaged, but I live with my boyfriend and our cat in the suburbs. If/when we get married, I want to have a jump on the wedding budget before I’m half way to the altar.

Here is the trouble with not saving before you get engaged: let’s just say on July 1st (or the 4th if you’re an American) you’re standing watching the fireworks with your wonderful partner and they proceed to propose as the fireworks are going off and BAM you’re engaged. According to a recent survey, the average Canadian wedding is going to run you about $20,000-$30,000, which is a little on the high side for what I’m planning. This is for a wedding size of about 150-200 people. I think most ladies like to get married about 1-2 years after they become engaged; I know I couldn’t come up with that money in one year unexpectedly when still trying to pay off debt! I do not want to go further into debt because of my wedding. This is supposed to be a celebration, not a burden. Also some caterers/venues offer discounts if you can pay upfront and in cash!

Currently I work part-time at a large diamond retail chain. I see it all the time, guys come in wanting to buy a diamond for their lovely lady and then get slapped across the face by rising prices of gold and diamonds. I would love to choose my diamond but I don’t think “Well little Johnny, when Mommy and Daddy got engaged, Mommy picked out a ring on eBay and Daddy handed her his Mastercard” has the same pizzazz to it as my previous scenario. Engagement rings and wedding bands have to be budgeted for too! Boys, if marriage is for you, start saving BEFORE you meet that perfect girl.

While I don’t think I can have the entire wedding paid for before I get engaged, getting a head start on it seems like a good idea to me. I have decided to take my income from my part-time job and put that into my wedding savings. I both get paid into and save at a bank with this job that is separate from my full-time job/bills bank. I plan on following a budgeting plan similar to one created by Gail Vaz-Oxlade when the time does come. I look forward to not being AS stressed out about making sure the caterer is paid!

What do you think about saving for your wedding before getting engaged?

Downstairs and in Debt is a 20-something reformed shopaholic living in the Canadian Maritimes. She started her journey blogging from her parents’ basement.

Some people think it's crazy to plan for a wedding before you're engaged, but not me! Here's why I'm saving for my wedding before I have a ring!

The following two tabs change content below.

Kayla

Kayla is a mid-20s single girl living in the Midwest, USA. She is focused on paying off her consumer and student loans, while simplifying her life and closet. You can join her on her journey at ShoeaholicNoMore or follow her on Twitter.

30 Comments

  1. Amy

Leave a Reply

Your email address will not be published. Required fields are marked *