With Gen Z and Millennial couples saying it’s getting too expensive to get married in this economy, here are tips to help You save on wedding expenses!
Getting married used to be such a huge milestone for most people. However, for a tradition that excites all generations, more and more people seem to be avoiding the topic of wedding bells— and it’s not for the reasons you may think.
No, it’s not heartbreaks or modern dating concepts. Rather, it’s the fact that today’s economy puts wedding expenses at such a ridiculous amount that it’s scaring the love away.
But not all hope is lost!
Whether your special day is coming up soon enough (or it’s sometime in the near future), here are some evergreen tips to help you plan the wedding of your dreams without breaking the bank:
- 🤏Less is more
- ❗Focus on priorities
- 🤗Embrace change
Breaking Down the Dollars: Gen Z & Millennials on Wedding Costs
According to a recent Thriving Center of Psychology survey; a whopping 75% of Gen Z and millennial couples feel it’s way too expensive to think of settling down in today’s economy.
The average wedding bill has soared to a not-so-romantic $30,000 (thanks to rising inflation). But instead of giving up and jumping ship; there are smarter ways for couples to make their special day shine.
Finding Silver Linings: Love Doesn’t Have to Break the Bank
While that hefty $30,000 price tag might seem daunting, fear not! Some couples are proving that romance doesn’t have to come with a sky-high price.
Take Janet and Brian Counts, residents of Front Royal, Virginia for instance. They tied the knot for under $15,000, proving that creativity and intention can make your day magical on a budget.
The same goes for Kayla and Andrew Picciuto Elia, who spent $12,500 for a wedding that was originally supposed to cost $40,000.
Both couples wisely advise other married-to-be to define what truly matters to them. By focusing on their must-haves, like a dream photographer and a venue they adore, they managed to save money where it counted less. So, whether you’re all about the cake or craving a stunning gown, allocate your budget to your priorities.
Crafting Your Guest List: Less is More
Quality over quantity, right? That’s the mantra for modern couples who are trimming down their guest lists for a more intimate and unforgettable experience.
It can be a tough call, especially for couples from African backgrounds with a large sense of community. But wedding planner Jason Rhee suggests that being selective about your guest list allows you to allocate resources more efficiently, making every moment memorable.
Take a cue from Kayla and Andrew(earlier mentioned), who opted for an intimate gathering of 18 close friends and family. This gave them the freedom to indulge in other aspects of their wedding, like high-quality photography and great catering.
Remember, it’s not about the numbers; it’s about sharing your day with the ones who truly matter.
Embracing Change: Trends to Consider
The times? They are changing, and so are wedding traditions! Embrace the freedom to customize your special day to reflect your unique love story. It doesn’t have to follow the same old patterns!
Wedding expert Jason Rhee encourages couples to be open to new ideas, understanding that inspiration is just that – inspiration. Don’t be afraid to mix things up, from renting stunning floral arrangements to considering rising stars in the wedding vendor scene.
As Miriam Williams, co-founder of Laine London– a bridal rental company in Atlanta, puts it, this generation is all about experiences over possessions. And that includes reimagining what your wedding could be. Many couples are even choosing to borrow or rent bridal gowns, as opposed to emptying their purses for new ones.
So, explore, experiment, and make your wedding day an authentic reflection of your love.
Be Flexible and Have Fun
As you plan your big days, remember that flexibility is key. Consider blending inspiration with innovation, and don’t be shy about exploring new vendors who might bring fresh ideas at a lower cost. Remember, it’s YOUR wedding, and it should be a reflection of you both as a couple, so let your personalities shine.
Also, remember that weddings are just the beginning of a lifetime of shared financial decisions. By making thoughtful choices on your wedding expenses now, you’re setting the stage for a secure and prosperous future together.
