Tips and tricks

Did your parents pay for your wedding?

Did your parents pay for your wedding?

To be fair, many couples do try to pay for some of the wedding, but it seems a hefty percentage is still being shelled out by both sides of the family. According to the Brides American Wedding Study, parents cover anywhere between 35 and 42 percent of the cost of their children’s weddings.

Do the parents of the bride still pay for the wedding?

According to the WeddingWire Newlywed Report, parents pay for 52\% of wedding expenses, while the couple pays for 47\% (the remaining 1\% is paid for by other loved ones)—so parents are still paying for a majority of the wedding, though couples are chipping in fairly significantly.

What is groom’s family responsible for?

What Does the Groom’s Family Pay For, Traditionally? The groom’s family is responsible for corsages and boutonnieres for immediate members of both families, the lodging of the groom’s attendants (if you have offered to help pay for this expense), and sometimes the costs of the rehearsal dinner.

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Do parents of the bride still pay for the wedding?

That’s entirely up to you, of course, but you’re wondering what other parents are doing. According to The Knot’s recent survey, parents of the bride still, on average, pay for the bulk of the wedding costs. But the good news is that many couples do contribute money to the wedding.

How much do you need to save up for a wedding?

Obviously, the amount of time you’ll need to save up for a wedding depends on your current income and expenses. For example, if you can only save $800 a month, but your dream wedding looks like it will cost somewhere in the $50,000 range, you’ll be saving for over five years.

Would you pay for your child’s wedding with your retirement savings?

Ten percent of families are even finding themselves dipping into retirement savings to pay for the wedding of one of their children. One-third of parents in the survey said they spent more on their child’s wedding than they had originally planned and one in five used a credit card to make payments for the affair.

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How do you split wedding day expenses with parents?

If the two of you are covering a portion of the expenses yourselves, one way of divvying up the overall wedding day budget is to ask your parents to pay for a segment of the guests attending, either by percentage or based on the number of family members (and family friends) that have RSVP’d to attend.