....this was a bit depressing.
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We had a SUPER cheap wedding... So it wouldn't be much for us!
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This is interesting!! We had a beautiful, "budget" wedding for 125 at $14k. I was lucky to work through college and built a 401k early on. So I'm ok with the money we "missed" out on!
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I had a pretty cheap wedding. It's saying my money would have doubled in 5 years. That hardly seems believable.
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Not that rich.
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Definitely depressing!!!
@Mrs. Pickle: Seems hardly believable, but its absolutely true. If you look at the S&P index, the low point was in early 2009. If that is when you invested, you'd have TRIPLE your money!!!
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@sunny: I got married in 2009 too! Seriously do not even want to think about this.
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@sunny: oh ok! I got married in 2010 so that makes more sense.
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It would have been a good chunk of change but our wedding weekend was some of the best days of my life so it was absolutely worth it.
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@Mrs. Pickle: it also said mine would have doubled, based on the amount we paid for our wedding 4+ years ago.
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@birdofafeather: same!
We spent a lot but it was worth every penny. It was truly one of the happiest days of my life. Shortly after, we lost two close family members so it was the last event they went to where everyone saw them. I'm so grateful they were there and enjoyed themselves. Anyway, no regrets. I'd rather have had that day just the way it was rather than a huge savings account!
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@sunny: @Mrs. High Heels: another 2009 bride here! Out wedding cost sound $20k, so we would have around $52k now if we didn't have a wedding. I think it was totally worth it. If anything, we would've had a smaller destination wedding with all expenses paid for our family and friends, so we would've spent the same amount of money.
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My parents paid for my wedding (lucky!) so I wouldn't be any richer.
They would though!!! (And no, it wasn't a question of wedding or money, it was we want to pay for your wedding. )
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So interesting, but a little unfair because I got married at the nadir of the market. I still feel really good about how much we spent, since it was less than 10k.
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@2littlepumpkins: same! Its pretty much Greek tradition that your parents will slave away their whole lives in order to marry you off in a mega-wedding and invite every random person you vaguely know. yeaaah big fat greek wedding!
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Not that much. We just had our parents and brothers and our wedding cost less than 1k, we also didn't buy rings or a fancy dress or go on a honeymoon. I would do the same thing again!
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We spent a lot, but I don't have any regrets about it!
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We pretty much broke even with what we paid and what we made back with gifts!
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Oh that is interesting! And a bit depressing. I wouldn't trade our wedding for anything though, it was pretty awesome and 6 years later I still think that, I think I would be sad if we never had our big wedding (big families).
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I'd be richer financially but a lot poorer on memories so I don't regret our wedding one bit!
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@2littlepumpkins: same here. My parents have us a budget, but we didn't get to keep the remainder if we went under or anything, so they would be richer, not us. No regrets either way- I loved it, my parents loved it, and I don't think it was too outrageous.
We spent a good amount on our honeymoon and do not regret one penny. Best trip we've ever been on and who knows when we will do something like that again.
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Eh... not very! We didn't have an expensive wedding at all though.
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@Pumuckl: agree!!
Our wedding was one of the happiest days of our lives and you can't put a $ amount on those cherished memories!
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I would have twice as much, and almost enough to put a down payment on an apartment, or to pay for another adoption. I definitely regret how much we spent on our wedding and I wish we would have just eloped or had a small destination wedding.
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I had a church wedding with backyard reception hosted by my fil. I maybe spent $1500 total!
I have a hard time spending money so this was absolutely perfect in my eyes, and I don't think I'll ever regret it .
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Supposedly our money would have doubled. But we didn't spend much on our wedding, so it's not like we'd be rolling in the dough now instead!
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We didn't really spend any of our own money. We did put out less than 5k but got it back in gifts. The rest, both sides of the family contributed to in piecemeal. (Grandmother bought flowers, parents bought cake and dress and photog, In-laws paid for food/bar, DJ was a friend, etc.) so no one would be much richer and it was sooooo wonderful, I wouldn't trade it for the money.
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My parents paid for most of it and our wedding was under 5k for 150 people. We knew a lot of people, did a lot of DIY and skipped details like favors and flowers.
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We eloped, and it was great for so many reasons!
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My parents paid for our wedding, plus we got a lot of cash as gifts which was invested and has about doubled since we got married in early 2010. So it worked out alright for us. My parents were happy to do it, and aren't hurting for cash despite having paid for the wedding.
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My wedding was only about 4k, so there wouldn't be much more than that if we had invested instead.
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My parents paid for our wedding but it was a small destination wedding and extremely affordable as far as weddings go, so even if they'd invested the money instead it wouldn't be that much more now.
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Haha, I tried to ask my dad to just give me the cash and skip the wedding, but I lost that argument.
We would have had a little less than double the amount, but I have to be honest, the 2009 dip would have made my heart break.
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Meh, we saved specifically for our wedding and had we not, we wouldn’t have saved that same amount just to save it. So, realistically, it would have been spent on things in the 5 years since we got married – upgrading cars sooner than we did, buying a larger home sooner than we did, etc, not compounding interest in an investment account.
We spent a fair amount and I have no regrets about it. That said, if the $$ I spent on my wedding were to magically appear in my account....I wouldn't complain!!
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Funny, I was just (kind of) talking about this not even 5 minutes ago. My parents told me they'd pay for a wedding or pay for grad school. Me being an idiot, I chose a wedding since "Oh, I can take out loans for grad school." So dumb. Our wedding ended up costing about the same as my total grad school loans. With 20/20 hindsight, I now wish I would have had them pay for grad school and just paid our own way for a nice little destination wedding.
ETA: According to this calculator, we'd have 2x the money if my parents had given us the money for the wedding rather than paid for the wedding.
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We spent an average amount I would say not cheap but not crazy!!! Actually looking back I would have spent MORE on important things like a reputable photographer/videographer as I cut corners and hired an up and coming one who lost 60% of our photo
and saved on silly things like monogrammed napkins....lol -
Our wedding was a nice chunk of change, since we had two wedding ceremonies and two receptions, two meals, two nights of venue rental and two days/nights of photographer and videographer. And we paid for it all ourselves.
Buuuut...outside of our wedding, we live fairly frugally for our income level and we have a good amount of investments already, so I'm okay with what we spent.
I'd probably feel differently if I found I could have 80k invested now and we had 0 in real life.
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No richer. We broke even on the wedding and bought a house with the cash.
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We're not talking a whole lot of money. Our wedding was small, just a dozen guests, and we only spent $2700 on the ceremony and dinner.
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@Pumuckl: I like that!
No regrets here.. you can't take it with you!
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