What to do with our savings

maxxwed · September 2010

When we booked with a planner, one of the perks was the fact that she was going to show us how to save $$$. I'm already saving and I want to take these funds and put them back into the wedding. For things that I thought I couldn't afford or to upgrade. I figure I was going to spend it anyways, why not?!? Now my dear sweet husband to be wants to just save it. This is hard because I know we shouldn't go broke with the wedding, but I feel as though we aren't since we have saved for this day, my folks and his folks are helping out a bit too. It resulted in a fight, not a big one but still. Thoughts girls?

GracefulMeadow86 · September 2010

what if you pick a few things to upgrade adn then save hte rest of the money. that way you both win?

daniellelmilczak · September 2010

If it was me and I had unexpected money left over, I would save it for "just in case" something comes up at the end of the wedding - tips or emergency this or that, or the like. We're spending a good amount on our wedding and its a relief when things are coming in at/under budget, so any extra stays in the bank account for us. If anything, any extra will go towards our honeymoon.

PS - want to share any of these money saving tips?

Vanessa630 · September 2010

I think it depends on

1) What you wanted but thought you weren't going to be able to afford.

2) If you need the money for your honeymoon

3) Where you guys are at financially in other aspects of your life. Do you have an apartment but are saving for a house? Do you already have a house and all of the expenses that come with that?

Car payments? Student loans?

I understand where you're coming from but I think I would rather use the savings for something else (or for a rainy day fund type of thing). There's always going to be more that you can do for a wedding but sometimes it doesn't end up making a big difference.

morsi27 · September 2010

I agree with Danielle. I'd be thrilled to have any extra money at all! If you like your wedding as it is, then I think saving it for any unexpected wedding day expenses and/or the honeymoon is an excellent idea. Good work on the savings!

christikao · September 2010

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/local-wedding-boards_connecticut_savings?plckFindPostKey=Cat:Local%20Wedding%20BoardsForum:65Discussion:9ce44742-550e-49a0-9802-a1c221e66903Post:b453a5c6-68c6-4e8f-b994-7c89f1a6824d">Re: What to do with our savings</a>:
[QUOTE]I think it depends on 1) What you wanted but thought you weren't going to be able to afford. 2) If you need the money for your honeymoon 3) Where you guys are at financially in other aspects of your life. <strong>Do you have an apartment but are saving for a house? Do you already have a house and all of the expenses that come with that? Car payments? Student loans? I understand where you're coming from but I think I would rather use the savings for something else (or for a rainy day fund type of thing).</strong> There's always going to be more that you can do for a wedding but sometimes it doesn't end up making a big difference.
Posted by Vanessa630[/QUOTE]

<div>This. </div>

krys810 · September 2010

We definitely save anything extra that we may have. I agree with the prev posts in 2 ways: First, its always a great idea to save for an emergency or house if youre planning on purchasing one and you can also splurge on a couple items and save the rest.

Definitely awesome though that you were able to save extra!!

tashala107 · September 2010

Do both. Take that amount and split it. Save half and use the other half to splurge on something wedding related. You both win!

)

Lauren1333 · September 2010

I guess i'm a bad person to ask- I'd say spend it and have the wedding of your dreams, ha. Although I think the best idea is to compromise and spend some on upgrades or extras that you really care the most about and save the rest

maxxwed · September 2010

You all have great points. I guess because I had set aside $100 per person for food, and now that we found a caterer who is way under this with still great food, I think we could offer more dessert choices. I think we could offer a nicer welcome bag. I've really worked hard to save for the wedding, and I want to be able to enjoy it too. Though you are right, on having to pay car loans and things like this. I'm sure we will figure it out.

nebbiolo · September 2010

Trust me - save the $ for something else you'll need down the road. It is much more likely that you will want that $ for something down the road and be glad you didn't blow it on something like extra desserts for your guests. Your wedding is one day - a snapshot of life - but you still have the rest of your life. Enjoy your wedding, but keep the big picture in mind!

What to do with our savings

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