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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552: From Making $40K/Year as a Teacher to Reaching FI in 4 Years by Doing THIS

552: From Making $40K/Year as a Teacher to Reaching FI in 4 Years by Doing THIS

You can take your time to reach financial independence, but why wait? With a combination of hard work, savvy investing, and additional income streams, today’s guest reached FI by the age of twenty-eig...

6 Aug 202439min

BiggerPockets Real Estate 2.0 - A New Era of the Podcast

BiggerPockets Real Estate 2.0 - A New Era of the Podcast

The BiggerPockets Real Estate Podcast is about to hit a huge milestone—our 1,000th episode! Real estate has changed quite a bit since we started this podcast, so we’re making some changes, too.  We’r...

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551: Retired Early at 44 by Buying These "Boring" Investments

551: Retired Early at 44 by Buying These "Boring" Investments

Todd retired early at age forty-four, just three years after discovering the FIRE movement. The most interesting part? He quit without reaching his FIRE number. That’s right. After realizing he couldn...

2 Aug 202417min

550: How My Home Makes Me an Extra $1,400/Month (EVEN In an Expensive Market)

550: How My Home Makes Me an Extra $1,400/Month (EVEN In an Expensive Market)

Wouldn’t it be nice if your home paid for itself? Every month, you throw a substantial sum of money towards your rent or mortgage payment, but what if you could live mortgage-free? With ADU investment...

30 Juli 202454min

549: Is FIRE Dead? No, But Here’s Why Most WON’T Achieve It

549: Is FIRE Dead? No, But Here’s Why Most WON’T Achieve It

Is the FIRE movement dead? In 2024, more people are catching on to the huge downsides of pursuing financial independence, retire early. Strict frugality, massive sacrifice, working harder than ever…is...

26 Juli 202443min

548: 2 Money Moves We’re Making TODAY to Prepare for a Potential Recession

548: 2 Money Moves We’re Making TODAY to Prepare for a Potential Recession

Are we in a recession? Are we headed for a recession? No one knows for certain, but you can never be too prepared for an economic downturn. Are you saving money? Do you have a plan in the event you lo...

23 Juli 202447min

547: Using "ADUs" to Go From Firefighter to FIRE by His Late 30s

547: Using "ADUs" to Go From Firefighter to FIRE by His Late 30s

You could be missing out on the chance to earn passive income from your home (and other rentals!) with a “no-brainer” money move. This investing strategy is picking up steam and could become one of th...

19 Juli 20241h 3min

546: From a Negative Net Worth to FI in Just 5 Years by Living Like a Stoic

546: From a Negative Net Worth to FI in Just 5 Years by Living Like a Stoic

The road to financial independence isn’t always linear, but stoicism might be the secret ingredient that keeps you on track. This ancient philosophy gets a bad rap, but with its framework as your fina...

16 Juli 202457min

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