Wedding Ideas

Budget Your Way To Your Wedding Day

Although you might be thinking about obtaining a personal loan or perhaps making use of credit card to cover your matrimony, there are many different ways to reduce wedding expenses. Having said that, there are a lot of data around regarding having to pay for the wedding ceremony using the cheapest personal loan, goedkoopste persoonlijke lening or even by using a Visa or MasterCard. It really should not be your solution to finance your wedding. however, if you are thinking about all those alternatives, make use of this as a kick-off point.

Is there such thing as a wedding loan?

To begin with, note that there is no loan such as a wedding loan. Banks do not offer a wedding loan but they do offer a personal loan. So, therefore, wedding loans are personal loans to fund a wedding ceremony. Nonetheless, most financial advisers will tell you that personal loans for a wedding should be your last resort. Personal loans are paying for something using money that you don’t have. And thus, this could be an issue to repay in the future. Considering the fact that personal loans have higher interest rates so as with cash taken out from your credit card.

Is it safe to get a “wedding loan” or a personal loan?

What this means is you would be covering the wedding expenses with cash you do not really have, whether it is from a credit card or a personal loan. This is a choice to make together with your spouse to be, simply because it’ll have an effect on your financial choices on your relationship later on. You have to discuss whether that monetary problem is something you would like to cope with once you settle back from the honeymoon vacation.

Budget your way to your wedding

Budget is the most feasible way to go through a wedding without incurring debts in the future. While savings and a little help from your parents can be the way to go, there are some couples who don’t have other way out but to take out a loan. This being said, you will have to cut down on expenses and plan your wedding in the cheapest way possible.

We understand that this day is the most important day of your soon to be married life. Nonetheless, this will also mark your successful married life. If you start off a new beginning, you and your partner would want it debt free. Here are someways to cut expenses on your wedding day.

Reception. Is there a way to have a free reception? If your parents house has a huge backyard, why not use it to your advantage. For sure, your parents won’t charge you a fee for using your home backyard.

Ceremony. Hold the ceremony and your wedding in one venue. This cuts a huge costs in your wedding expenses. All you have to worry about is the food for the guests.

Wedding dress. Choose a less elaborate wedding dress. Besides, simple is the way to go these days. Rent it out instead of having it made. For sure, you will find one inexpensive wedding dress to rent if you are just going to use it for one day. Ask your married friends for help too. They can help you a lot.

There are a lot of ways to cut down on wedding expenses and save you from getting a personal loan that can burden you and your partner in the future. Grab a pen and a paper and start planning a budget for your wedding as early as now.

By Roxane Maybelle, ago