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

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 BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Scott's Instagram Amanda's Instagram Grab Scott’s Book, “Set for Life” Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Listen to The Real Estate InvestHER Show Join The Real Estate InvestHER Community on Facebook Register for an Upcoming InvestHER Event 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 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: moneymoment@biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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127: Planning for the Unexpected: Being Financially Ready to Take Advantage of Opportunities with Ramit Sethi

127: Planning for the Unexpected: Being Financially Ready to Take Advantage of Opportunities with Ramit Sethi

Ramit Sethi from I Will Teach You To Be Rich is back again to chat with Scott & Mindy about money, unexpected events, and taking advantage of opportunities by being prepared.  Ramit does not hold back...

1 Kesä 20201h 13min

126: 16 Money Skills They Didn't Teach You In High School with Scott & Mindy

126: 16 Money Skills They Didn't Teach You In High School with Scott & Mindy

Financial Education is so important - but so many people are graduating high school without the basic skills to make informed decisions. Today, Scott & Mindy sit down to share some of the big money mo...

25 Touko 20201h 1min

125: Ready to Retire: The Ultimate Pre-Retirement Checklist with The Retirement Manifesto

125: Ready to Retire: The Ultimate Pre-Retirement Checklist with The Retirement Manifesto

In today’s episode, we speak with Fritz Gilbert from The Retirement Manifesto and go through his checklist to ensure a smooth transition into your new life. Fritz speaks from experience and wrote the ...

18 Touko 20201h 27min

124: Starting from $0 at Age 35 as a Teacher and Becoming "The Millionaire Educator"

124: Starting from $0 at Age 35 as a Teacher and Becoming "The Millionaire Educator"

Gerry Born is a teacher who is married to a teacher. He started his financial independence journey when he was 33—with a wife, $45,000 in college debt, and a job in Saudi Arabia teaching English as a ...

11 Touko 20201h 10min

123: Carefully Crafting Financial Independence Through Passive Income with Avery Heilbron

123: Carefully Crafting Financial Independence Through Passive Income with Avery Heilbron

Joining us today is Avery Heilbron, a listener on his way to financial independence through real estate investing. But Avery isn’t going all out and buying up every property as fast as he can. He’s ma...

4 Touko 20201h

122: Getting Back to Financial Independence Basics - Using Lockdown to Reset Your Finances

122: Getting Back to Financial Independence Basics - Using Lockdown to Reset Your Finances

Scott and Mindy have focused on Coronavirus for the last few episodes - talking to experts about how the virus has affected the stock market, the 4% rule, and even early retirees. They’ve interviewed ...

27 Huhti 202054min

121: Should I Refinance Or Wait For Better Rates? How Coronavirus Is Impacting The Mortgage Market with Seth Jones

121: Should I Refinance Or Wait For Better Rates? How Coronavirus Is Impacting The Mortgage Market with Seth Jones

In this episode, Mortgage Broker Seth Jones talks about the current mortgage market. We discuss mortgage forbearance - how it affects your credit and why it's NOT a good idea to go into forbearance if...

20 Huhti 20201h 3min

120: Are FIRE Naysayers Bad at Math? Yes. with Michael Kitces

120: Are FIRE Naysayers Bad at Math? Yes. with Michael Kitces

Michael Kitces joins us today to talk about Early Retirement - and how the recent stock market movement affects the FIRE Community and the 4% rule. We spend a lot of time on the 4% rule - including th...

13 Huhti 20201h 20min

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