Wedaholic.com: Couples Saying "No Thanks" To £16,000 Wedding Budgets

Couples Saying "No Thanks" To £16,000 Wedding Budgets

Date: July 17, 2006 • Author: Emily • Filed Under: Budgeting & Industry News & Planning

At long last couples are coming to their senses and realising that you don't have to break the bank to have the wedding of your dreams. According to a survey carried out by Halifax Bank one in four people think that an amount somewhere between £5,000 to £10,000 is adequate to spend on your wedding day.

This is good news for couples planning their weddings on smaller budgets as up until now £16,000 was the estimated cost of a wedding in the UK being bandied around by the wedding industry professionals. Having this huge figure looming over them from the outset of their wedding planning was enough to put a lot of couples off getting married in the past. The survey reveals that now only 9% of UK residents think that the £16,000 national average cost of a wedding is a reasonable amount of pay. Ian Corfield, head of Halifax Unsecured Personal Loans, says:

"Our survey suggests that there may be a change in opinion as to how much couples should spend. It may be that the costs typically involved have reached a level which is no longer considered reasonable."

To read the full article click here.

Although I can totally understand how easy it is to spend £16,000 on a wedding, I also think that with all of the budgeting tips, DIY options and money-saving ideas readily available on the internet couples have no excuse for inflating their budgets to huge proportions - they can achieve a memorable wedding on a smaller budget.

Further Wedding Budget Reading:
Announcing Eight Free Online Wedding Budget Planner Reviews - discover my top recommendation for your wedding budgeting.

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Comments

Amen to that! It's terrifying how many people go into horrific amounts of debt over one day. That's not a good way to start a marriage.

If you've got the money, then feel free to spend it, of course. If, however, you don't have that much money to throw around, scale back, get creative, and look hard for bargains.

Good will, a concern for the comfort and happiness of your guests, and an eye fixed firmly on how to have a good marriage will make your wedding memorable even if all you can afford is cake and punch in the church basement.

Posted by: Twistie at July 18, 2006 06:46 PM