These days, the “wedding day blues” means going deeply into the red.
If I invited you to an “average” wedding, you might not be impressed. But what if I told you that wedding will cost more than $31,000?
That’s the average price of wedding in this country – $31,213 to be exact, according to a study earlier this year from wedding website The Knot.
The Knot also reported that the average wedding attendance is 136. Simple math reveals this scary stat: The ceremony costs almost $230 per attendee.
Another fascinating detail is that October is the second most popular month for weddings (14 percent), losing out by a single point to June (15 percent). That makes sense to me, since the month of Halloween is all about dressing up and being scared.
I call it “Zombie Wedding Debt,” and in an effort to scare couples straight, here’s the first installment on our Halloween video series…
As a happily married man who’s also a CPA, I can tell you this: The wedding isn’t as important as the marriage. That sounds obvious, but I believe too many couples get too wrapped up in hosting the wedding, they forget the purpose of the big day.