Sometimes, we do read about some couples that spent tens of thousands of dollars on their wedding, which when you boil down to it, is just one day.
Take it as experience from those have married themselves, it's not worth overspending on weddings just to have a 'perfect, once-in-a-lifetime' memory.
Because after all, when the wine is drunk and the guests have gone home, that's when your true marriage starts. How happy a marriage you will have depends on what you and your spouse do after the wedding day, not during
Of course, you need to spend for your grand wedding, the question is about no OVERSPENDING, period.
Do you want to read a book where Chapter 1 is very exciting and grand, and then followed by chapters after chapters full of struggling and missing opportunity of active or passive investing due to much smaller capital?
Your Marriage could be like climbing SwissĂ´tel The Stamford hotel at 226 metres with 73 floors after your wedding night unless you are fortunate enough to take a LIFT (rich parents) up. But, not everyone is so fortunate to take a LIFT, and likely many will have to climb the staircases.
So do you want to load up your haversack with more loads to carry up with this climb?
Some indicators to consider whether one is overspending? Like any indicators, only you know it better.
Ratio 1: Total Wedding Expenses/Nett Annual Earning after Tax
Ratio 2: Total Wedding Expenses/Nett Annual Saving
Congralutions to anyone getting married in the Year of OX. This is a good year to get married as likely to get value for money but unfortunately, the hongbao you get from relatives and friends might also shrink.
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