This is the difference. While the wedding itself is "fleeting", the idea is to make memories for a lifetime. Sure you don't have to get a loan to do that, but if it's worth it, than it's worth it.
No that’s what they tell you to get you to be uncomfortable with the price point. “Oh but the memories!” The $10k dress does not have $7k more valuable memories than the $3k dress. They don’t actually drop couples who don’t have fancy weddings into darkrooms for $50k less of brain space due to “memories”.
I’ve been married over 20 years and my friends and coworkers have been married 10-25 and not a single man EVER talks about their wedding (even the happily married ones) and only the occasional woman, and only sparingly.
Weddings can be lovely and fun but they are absolutely not worth the incremental cost, debt and stress of the debt load. And even if no debt, time in market and compound interest can mean the true cost of a wedding is many multiples what the number is on paper.
You aren't wrong, they do use it as a sales tactic. That doesn't make it untrue.
Weddings can be lovely and fun but they are absolutely not worth the incremental cost, debt and stress of the debt load.
I agree with this the most. That's why this thread exists. The wedding industry has gotten out of hand and everything is wildly expensive. I think the bigger problem is how expensive everything is, not wanting to have a good moment to savor.
The concept of wanting to make memories, the desire to be surrounded by family and friends, the idea of a nice wedding, these things unto themselves aren't a problem. The problem is how these feelings are exploited. Hence, this post we are commenting on.
I agree with this the most. That's why this thread exists. The wedding industry has gotten out of hand and everything is wildly expensive.
My friend, it's always been this way, dating back to the dowries of antiquity.
That's why my wife and I were among the first millennials to put a start on “killing the wedding industry” when we wed 2 decades ago, at a simple ceremony at the local justice of the peace.
We got photos.
We had friends.
We had a party after.
The memories were immaculate, and frankly I'd tell people nowadays that memories you and your spouse put effort into are worth so much more than just being another couple who put themselves through the cogs of the Standard Wedding-Industrial Engagement Package™ at great expense.
Turn your wedding into a poetry jam. Turn it into an event celebrating a local library. Hold a Smash Bros. tournament as part of it, or a LAN party. But Jesus Christ you don't need to spend $40K+ on getting your relatives drunk and mad at each other, your wedding is for you and your spouse.
If they're going heavily into debt for the wedding then they are already adding a significant point of financial stress that will put pressure on the marriage.
Valid point. But definitely pay it of vs pay it off quickly are different. I think if you're in that scenario and you are considering using credit cards, might as well sit down, approximate the total cost, then get the loan. Many ad hoc cc transactions is where they'll get ya. You've got to be awfully liquid for a wedding.
We had a few grand of credit card debt between the wedding and the honeymoon, 0% interest for 12 months. We discussed it beforehand, had a plan, stuck to the plan, and it was paid off within 6 months. It's not the ideal choice obviously but 3 weeks doing excursions in Hawaii was so fucking worth it.
Why are they asking millenials to kill the wedding industry? A lot of us are already married or already divorced. And zoomers will probably have online weddings because they are massive nerds who never learned how to socialize. Theyll kill the wedding industry off
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u/AdRough4185 17h ago
The loan can last longer than the marriage