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

Episoder(742)

182: What if My Career Gets Phased Out? Finance Friday with Mike

182: What if My Career Gets Phased Out? Finance Friday with Mike

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181: A Slow, Steady, and Sustainable Way to Buy Rentals with Julie

181: A Slow, Steady, and Sustainable Way to Buy Rentals with Julie

You may hear of 20 year olds with $1,000,000 in real estate, or a novice flipper doing 50 flips a year, or even a wholesaler who made six figures on one deal. What about the everyday investor who slow...

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180: So You’ve Reached Millionaire Status, What’s Next? Finance Friday with Brian Blask

180: So You’ve Reached Millionaire Status, What’s Next? Finance Friday with Brian Blask

What do you do once you’ve hit millionaire status? You have rental properties, brokerage accounts, and a good amount of cash on hand, so what’s next? This is the question that today’s guest, Brian Bla...

19 Mar 20211h 13min

179: “The Guy Who Did Everything Wrong But Still Figured it Out” with David Pere

179: “The Guy Who Did Everything Wrong But Still Figured it Out” with David Pere

Being in the military opens you up to an array of benefits for a financially abundant life. You have access to VA loans, a tax-free housing allowance, and a pension (if you stick around long enough). ...

15 Mar 20211h 8min

178: Finance Friday: From $33k in Debt to $100k+ in Net Worth Through House Hacking & Smart Saving with Budget Girl

178: Finance Friday: From $33k in Debt to $100k+ in Net Worth Through House Hacking & Smart Saving with Budget Girl

Last time we talked to Sarah, AKA Budget Girl, she was on Episode 6 of the Money Show. If you haven’t listened to that episode, here’s a quick recap. Sarah was $33,000 in debt from student loans, but ...

12 Mar 20211h 15min

177: Putting Yourself in the Best Financial Position as a First Time Home Buyer with Scott and Mindy

177: Putting Yourself in the Best Financial Position as a First Time Home Buyer with Scott and Mindy

It’s hard being a first time home buyer, especially if you don’t have any experience with real estate, property values, or market appreciation. You may be wondering how you’ll be able to buy a home th...

8 Mar 20211h 17min

176: How to Grow Retirement Accounts Before Having Kids | Finance Friday with Steve

176: How to Grow Retirement Accounts Before Having Kids | Finance Friday with Steve

Most listeners of the show will know that a cash cushion is always great to have and should be mandatory for almost everyone. Having a cash reserve of 6-12 months can help you cover unexpected expense...

5 Mar 20211h

175: Staying Flexible in Early Retirement with A Purple Life

175: Staying Flexible in Early Retirement with A Purple Life

Last time we talked to Purple from A Purple Life, she told us about her plan to retire at the end of 2020. If you haven’t listened to that interview, you can listen to it here to get the full scoop on...

1 Mar 202154min

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