BiggerPockets Money2 Aug 2023

437: Wedding Costs Are WILD: Is Your Dream Day Worth Going Into Debt?

Wedding costs have been slowly growing over the past few decades. But recently, after a wild 2020, 2021, and 2022 wedding season, the average wedding cost has hit heights that most Americans simply can’t afford. But what can you do? Cancel your wedding and go straight to the courthouse? While this isn’t a bad option for some, most couples tying the knot want something their friends and family will remember for years. So, here’s how to do it on a budget!

We brought expert event planner and fundraiser AJ Williams on the show to go over what’s worth it, what’s not, and what couples should spend the MOST money on when planning their special day. Whether you’re getting married at home, stateside, or abroad, there are a few specific expenses of a wedding that you should never skip out on and some that could put you in a tough financial bind. With flowers, DJs, photography, and catering, which deserves a spot in your ceremony?

AJ will also go over how much a wedding costs on average, what the elite pay for their ceremonies and parties (you won’t believe the number), and the top wedding myths that could cost you.

In This Episode We Cover

The average wedding cost in America and why prices have recently been rising

What to cut and what to keep during your wedding day

Budgeting for your wedding and how much of a buffer you REALLY need

Common wedding cost myths and tips to save you THOUSANDS

Non-negotiables when planning your wedding and what is worth paying extra for

And So Much More!

Links from the Show

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Money Moment

How to Financially Thrive in Marriage (Even if You or Your Partner is In Debt!

AJ's Website

Click here to check the full show notes: https://www.biggerpockets.com/blog/money-437

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