Financing Your Wedding: Options and Approaches

After the initial excitement of an engagement settles, daydreams begin about the ideal venue, food options and of course, what the dress will look like. Before getting too far down the planning path, the inevitable question arises: How will we pay for this? Weddings can be expensive. In 2021, couples spent on average $28,000 on their special day. This is a significant increase from the average cost of $19,000 in 2020 — attributed to the pandemic’s lessened restrictions and availability of vaccines and couples hosting smaller events for safety reasons.