Tuesday, March 19, 2013

$28,400 - average cost of wedding in 2012, according to CNN

Last week, CNN Money announced that the average wedding in 2012 cost around $28,400.  Here the link to the March 10th article.  This total, however, depends on the locale of the wedding, and they make comparisons to those in Manhattan with those in Alaska.

Almost half of this amount is spent on the reception, with the other top five expenses being: engagement ring, reception band, photographer, and flowers/decor.

The article breaks down the changes in expenses when compared with those prior to the economic downturn in 2008, and they have some interesting results.

If this number seems extremely high for you--as it did for us almost 16 years ago--then check out several books on the subject of having a wedding on a budget.  One such is my own publication, titled 99 Ways To Have A Memorable Wedding On A Shoestring Budget.  It may seem like common sense, but then answer me this: why do so many couple never budget for their wedding and go deeply in debt for it?  My book helps find ways of slashing the budget AND/OR finding ways of adding funds to do it debt free.

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