'Wedding guest' saving funds: Good or bad idea?

It’s no secret that attending a wedding comes with a large price tag. Travel, wardrobe, shower and wedding gifts can all add up—and most of us are often invited to a few ceremonies each year. 

But would you ever consider saving a portion of every paycheque to keep afloat during wedding season?

In a Refinery 29 piece, one woman writes why she includes a wedding-guest fund into her budget. Rebecca Smith sets aside 6% of every paycheck so that she can afford to attend all the wedding celebrations that she’s invited to (She’s been to 18 weddings in the last four years). 

“About a year into watching my friends say “I do,” I had to ask my parents for a loan to attend one of the big events. They were willing to help out, but I realized that wasn’t going to work in the long run. If your parents are paying for your night out with friends and an open bar, something is wrong with your math,” she writes.

According to the article, the average cost of attending a wedding is $673 per guest. If you’re in the bridal party, the cost is about $700. And don’t forget having to factor in engagement parties, showers, stag and dos, let alone the actual wedding. 

Smith writes that she would scrimp on her everyday living habits, like going to a cheaper restaurant or staying in, in order to save for “bridesmaid shoes, or book that flight cross-country.”

Is it worth it? Ultimately, she says yes.  

“My friends and family have made fun of me, saying things like “You know, normally wedding funds are meant for your wedding, right?” But I laugh it off. I check "yes" on that pre-stamped RSVP card and know that the next time I’m barefoot on the dance floor, laughing with my best friends and sipping on champagne, I will be guilt-free — at least financially.”

Read the full piece here.
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