Congratulations to you and your daughter, MoneyGuy!
Personally, I won't be giving my daughter one single penny when she gets married. I think this whole "princess-for-a-day" business is malarky propogated by the wedding industry and now ingrained into our society. I see so many people spend way more than they can afford on weddings to the point where it becomes borderline ######ed.
For my girl, I will give her a gift as well as some cash to put toward her mortgage after her wedding, but I won't be participating financially in what I see as one of the biggest money-spending mistakes young adults make.
I eloped, loved it, paid for everything myself and wouldn't have done it any other way.
If you are a young person and you are free of student loans, mortgage free, car-debt free and have a nice nest egg already (i.e. you've been given a boat load of money at some point) then have a big wedding and enjoy. If, on the other hand, you have not ticked all of those boxes then the extravagance of a wedding that you can't afford is, IMO, stupid.
|