It’s no secret that a wedding is one of the most expensive parties most people will ever host. This special day can take a toll on your bank account, so to give you a better idea of why it’s not worth spending excessively on the party, we list out 5 reasons you should not spend excessively on your wedding.
1. Expensive Weddings Often Result in Shorter Marriages
There are several reports and reviews from couples on AmonAvis that suggest marriage duration is inversely associated with spending on the wedding ceremony. Couples who spend less on their wedding are more likely to stay married longer.
Furthermore, the same study shows there was also a connection made between honeymoon and marriage: Going on a honeymoon is “significantly associated with a lower chance of divorce.” Based on the aforementioned stats, spending money on your honeymoon is a wiser investment than money on your wedding.
2. Expensive Weddings are not Necessarily More Beautiful
The major erroneous assumption made by couples is that spending more money (especially on their wedding attire) will result in a more beautiful experience and ceremony. But that is simply not the case. Inexpensive wedding attires which are available on Tidebuy can make you look great even if you are on a budget.
Expensive weddings are beautiful for sure, but there are simple weddings that are even more beautiful and showcased more of the bride’s (and groom’s) personality. Simplicity, as they say, is the ultimate sophistication.
3. Expensive Weddings Bring Financial Consequences Felt For Years
Financial pressures are one of the top reasons for divorce hence it is not advisable to go into debt just to have an elaborate wedding. Even if the money is saved, it can be spent wiser elsewhere: paying off debt, a down payment on your first home, adding it to your existing credit card balance, or even the honeymoon experience.
4. Extravagant Weddings Tend To Promote (or Result From) Competition
Your wedding day must not measure up to a purely subjective standard set by a friend, family member, or society. Theodore Roosevelt once said, “Comparison is the thief of joy”. Allowing the pressure from your friend, family, peers, or society to creep into your wedding day is a poor choice. Your wedding is about you and your spouse and nobody else.
5. Helps You Focus on the Things That Matter Most.
Marital happiness is not associated with your wedding ceremony, on the contrary, It is about the weeks, months, and years spent together. That’s the more reason the simplest weddings are usually the happiest.
None of the above reasons is meant to imply that you can’t splurge a little on your wedding. If you have the funds then go for it, but you don’t need to spend extravagantly either. Rather than spend extravagantly on your wedding, decide which areas of the ceremony are most important to you and spend your money there. For example, if you are big on quality dishes hire a high-end caterer, but skip the flowers and ask a friend to take pictures rather than hire a photographer.
If you are going to spend a boatload of money on your wedding, be sure not to rack up debt in the process. An estimated 74% of couples who are planning to tie the knot by the end of the year anticipate taking on debt in the process and that’s a mistake that will not only increase their financial burdens but will likely lead to a broken marriage.