Blog

Should You Go into Debt For Your Wedding Day?

September 2, 2020

With Valentine’s Day just around the corner, this week’s round-up includes five articles on weddings and debt. In each article, Fay offers a simple solution to common wedding problems. Learn some wedding budget techniques on how you can save up and still get the wedding of your dream. 

Saving Up to Spend More 

Depending on the venue and season of your wedding day, wedding costs can vary significantly. In this article, we’ll talk about how wedding costs are driving guests into rising debt. Author Bill Fay talks about weddings as one of the main reasons why so many young people get into debt so early. 

How the Soaring Price of Weddings Are Putting Guests in Debt?

Of course, weddings do not just impact the bride and groom, but the guests as well. There are expenses associated with being invited to a wedding. Travel, gifts, attire, and other expenses are expected to reach an average of $539 per wedding annually. 

With the wedding day looming, the bride and groom need final numbers on their guest list. CNN Money takes a proactive approach and talks about how guests are turning down the wedding because of budget and time constraints. Weddings are costly, and the bride and groom are not the only ones who spend big bucks. 

More Weddings, More Debt 

Couples often fall victim to their wedding fantasies. More couples fall into debt, on average, $56,000, even before they share the first slice of cake. 

This lack of open communication is related to money management and planning, and although much is said about the importance of financial planning in the wedding planning process, almost a third of brides are broke at the time of their wedding.

Ways to Save For Your Wedding Day

Florists, photographers, caterers, and limousine companies who need to bring equipment and staff from anywhere in the city, add up in the quotation. By taking a simpler approach to your wedding, you can reduce your wedding costs significantly by holding both the ceremony and reception in the same location. 

Planning a wedding comes with an excessively high price tag, but there are several measures you can take to save money. Call us at — for a free evaluation of your budget so you can set your wedding budget within reason. 

Learn about how CreditGUARD of America’s Debt Management Plan can benefit you in all ways. Call 800-282-8497 to get started or visit https://www.creditguard.org for more information

Learn how much you can save

Fill out the information below and one of our experts will contact you shortly.

Step 1 of 2

Almost Done!

Just a few more details to get started.

By providing your information, you consent and request to be contacted by CreditGuard and/or our member(s) to your phone, cell phone, email, text/SMS, and through the use of pre-recorded messages and automated dialing technology at the number(s) listed above even if your number provided on the form above is on a State, National or Corporate Do Not Call List. You are not required to purchase any goods and/or services. Standard carrier and messaging rates will apply.

Step 2 of 2

Help America Get Out of Debt
Bureau Veritas

Learn how much you can save

Fill out the information below and one of our experts will contact you shortly.

Step 1 of 2

Almost Done!

Just a few more details to get started.

By providing your information, you consent and request to be contacted by CreditGuard and/or our member(s) to your phone, cell phone, email, text/SMS, and through the use of pre-recorded messages and automated dialing technology at the number(s) listed above even if your number provided on the form above is on a State, National or Corporate Do Not Call List. You are not required to purchase any goods and/or services. Standard carrier and messaging rates will apply.

Step 2 of 2

Find Debt Relief Today!

Certified Credit Counselors are available Monday - Friday 8:00 am - 8:00 pm Eastern.

Also See…

For more information on debt consolidation, please visit:

Why Choose CreditGuard? Learn what sets our debt consolidation services apart from the rest and how we can help you take control of your debt.

The Ultimate Debt Survival Guide. Need some practical advice for dealing with debt? You’ve come to the right place. This free downloadable guide can teach you the basics of managing debt (and more).

Is Debt Settlement a Good Idea? Debt settlement and debt consolidation are not the same. Learn more about the process (and consequences) of settling your debts before going down that path.