Pricey Dave,
Our daughter’s faculty training is just about paid for already by means of grants and scholarships, and my spouse and I make good cash. We simply began your plan, so once we get to Child Step 5, saving for faculty, can we substitute that with saving for a marriage?
Benton
Pricey Benton,
I’m glad you’re considering forward, buddy. And I don’t have an issue together with your concept. It’s at all times plan to save lots of for a marriage, if you’ve gotten the monetary assets to take action.
Do you know the common wedding ceremony in America this 12 months, in accordance with Zola.com, ran round $29,000? In fact, you don’t must pay something near that quantity to make a marriage a phenomenal and memorable event. Your family revenue, debt, financial savings and different elements will all play an element in how a lot you’ll be able to legitimately afford.
Sit down together with your spouse, crunch some numbers and see what is smart in your state of affairs. Simply keep in mind to pay money for the marriage. If you must go into debt to make it occur, you’re spending means an excessive amount of!
—Dave