Just got engaged a few weeks ago to girlfriend of 10 years. We disagree on how much we should realistically budget for our wedding. We have been doing research (online, talking with friends who are married, etc.) and they are telling us to budget about 35k for the wedding. She wants to get married within a year and I’m okay to wait.
Not having a wedding is not an option.
I make 105k a year and she makes 45k a year. The only debt we have is my truck – 29k remaining at 2% interest and her student loan of about 17k at around 6% interest. We have about 5k in savings as we have been aggressively paying down debt (paid about 30k in debt within the last year). We can save about 3,500 a month with our lifestyle so it will take 10 months to save 35k for the wedding.
My question is: is it financially responsible for our situation to have a 35k wedding end of next year?
Submitted May 26, 2017 at 07:29PM by Gdoggaquestion http://ift.tt/2rHHySK