The Newest Wedding Trend: Delaying Marriage Because Couples feel Weddings are Too Expensive
Did you postpone saying I do because of your bank account?
Before saying "Yes to the dress" many couples are saying "not yet" to walking down the aisle. This delay in getting married has nothing to do with cold feet but the couple's bank account.
According to a new study that looked at 5,000 couples in the United States, there is an increase in delaying wedding plans due to the rising costs of planning and executing a couple's dream wedding. In fact, 30% of the couples surveyed said that they postponed their nuptials because of the financial burden that weddings can cause a new couple.
Since the average wedding can cost the bride and groom $35,329, it's no wonder that an elaborate wedding may not be in the cards for every happy couple. While people are always looking for ways to save money, the cost of throwing a wedding tends to increase every year. From cutting the guest list, getting rid of bachelor and bachelorette parties, and DIYing the decor, a lot of savvy couples aren't willing to break the bank on their big day--so they delay and save until they can have their wedding.
Still, another study found that many couples are taking out loans or using credit cards to pay for their wedding expenses. With 36% of couples admitting to paying their wedding bills with credit cards and another 32% of couples saying by using credit cards or money from a loan allowed them to spend more than their original wedding budget.
If you are planning your wedding and looking for a few ways to cut the costs on your big day, check out these wedding planning hacks that can help you save big bucks but still have the super chic wedding of your dreams.