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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38: Getting Serious About Paying Off Debt with Phillip Taylor from PT Money

38: Getting Serious About Paying Off Debt with Phillip Taylor from PT Money

Phillip Taylor studied to be a CPA in college, just like his dad. He graduated with some debt and decided to add to it by buying a house. In order to afford his new house, he didn’t max out his 401k—h...

17 Sep 20181h 13min

37: Paying Off Student Loan Debt with a Median Income and Two Kids in Northern California with Kyle Renke

37: Paying Off Student Loan Debt with a Median Income and Two Kids in Northern California with Kyle Renke

Kyle Renke graduated from college and hopped right on the American dream bandwagon. He started off with a starter house, added a couple of kids and moved onto a bigger, better house—one that he could ...

10 Sep 20181h 1min

36: From Childhood Poverty to Financial Freedom by Age 32 with Jillian Johnsrud

36: From Childhood Poverty to Financial Freedom by Age 32 with Jillian Johnsrud

Jillian Johnsrud grew up lacking the privileges that many of us take for granted. Jillian Johnsrud grew up poor, with an abusive step father and a mother unable to leave due to lack of funds. She eman...

3 Sep 20181h 23min

35: Hacking Your Life to Live for (Almost) Free with Craig Curelop

35: Hacking Your Life to Live for (Almost) Free with Craig Curelop

Graduating from college, Craig Curelop had amassed an impressive $25,000 savings account - AND $85,000 in student loan debt. Conventional advice is to pay off your student loans BEFORE investing. In t...

27 Aug 20181h 8min

34: The Low-Stress, Surprisingly Simple Way to Pursue Financial Freedom with Andy Hill

34: The Low-Stress, Surprisingly Simple Way to Pursue Financial Freedom with Andy Hill

On today's show we discuss the highest-probability way that a family can move toward financial independence—without stress and worry—while enjoying incremental freedoms along the way. We’ll also talk ...

20 Aug 20181h 5min

33: From Debt to Financial Freedom While Active Duty Military with Stuart Grazier

33: From Debt to Financial Freedom While Active Duty Military with Stuart Grazier

Stuart Grazier joined the military and immediately went into debt. A chance encounter with Dave Ramsey’s Financial Peace University showed him how to manage his finances, and he returned from his stin...

13 Aug 20181h 4min

32: Financial Freedom Through Small Life Changes and a Modest Real Estate Portfolio

32: Financial Freedom Through Small Life Changes and a Modest Real Estate Portfolio

Today we sit down with Mr. and Mrs. Planting our Pennies, or Mr. and Mrs. PoP for short. Mr. PoP never wanted to be anchored to an inflexible job. Mrs. PoP never wanted to be financially insecure. A r...

6 Aug 20181h 10min

31: How to Boost Your Income & Investments for a Faster Route to Financial Freedom

31: How to Boost Your Income & Investments for a Faster Route to Financial Freedom

Continuing where we left off from last week’s episode, this show discusses increasing your income by recognizing existing opportunities and making your own opportunities through side hustles. The show...

30 Juli 20181h 2min

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