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The Business of Getting Hitched

The Business of Getting Hitched A couple's wedding is one of their most memorable moments in life. Whether it's a fairytale wedding or a wedding that is on a budget, this ceremony can cost a couple more than you think. Growth of the Industry Average Wedding Cost 1945 - 2010 $30,000 53% have weddings at a church. Other popular venues include courthouse or private residence. $25,000 $20,000 The average bride's age is 26. In the 1950s and 1960s, the average bride's age was 20. $15,000 18% of couples are engaged in December and 35% have an $5,000 engagement party. 1945 1990 1999 2002 2005 2006 2007 2008 2009 2010 Wedding Costs Dollar figures represent averages in each category. Photographer Videographer Wedding Gown Engagement Ring Transportation $2,320 $1,463 $1,099 $15,392 $667 Ceremony Site Ceremony Music Reception Venue Reception Band Reception DJ welcome $1,393 $503 $12,124 $3,081 $900 Invitations Rehearsal Dinner Wedding Cake Florist/Decor Wedding Favors $351 $1,127 $540 $1,988 $222 Catering (per Head) The cost of an overall wedding (excluding honeymoon) is $26,984. $61 Combining Finances Prior to marriage, it is good to sit down and discuss one another's finances and the debt that each partner will bring into the marriage. Credit card debt, student loans, or the inability to pay bills on time are key factors that play a role in each other's future. Wedding costs can add strain to already tight finances. Official wedding loans could carry interest rates in the double digits. About 26% of couples take out loans for their weddings. Terms vary from 3-5 years. After Prince William and Catherine Middleton wed, a UK study revealed that couples take 33 months to repay wedding day debts. The average loan was £5,000 (-$7,900). Financial Benefits Marriage Bonus Depending on the couple's incomes and deductions, they may receive a Tips tax bonus when filing jointly. Car Insurance Work Benefits Rates for men Delay the wedding until Keep to an affordable budget and don't let small costs creep up. Choosing a date in early spring or fall can save you $500-$1,000 Save money by canceling your insurance plan if coverage is extended to you through your spouse's plan. under 25 drop once they're married; you can also save money by consolidating policies. you have the money to afford it. Loan Offers Share Expenses Two incomes can Printing invitations using thermography saves $500-$2,250. Eloping saves money that could be put Register for your honeymoon allowing guests to help pay. Cut down on the amount you pay for rent, cable, etc., by sharing expenses. result in a larger loan offer with toward a house. better rate terms. T|||||||||||||| The Wedding Report I Bridal Association of America X0 Group Inc I The Street MSN Money Small Business | US News Money | Wall Street Journal I Credit Cards I Turbo Tax I Credit Sources: BusinessCreditCards.com Information provided by: http://www.businesscreditcards.com The Business of Getting Hitched A couple's wedding is one of their most memorable moments in life. Whether it's a fairytale wedding or a wedding that is on a budget, this ceremony can cost a couple more than you think. Growth of the Industry Average Wedding Cost 1945 - 2010 $30,000 53% have weddings at a church. Other popular venues include courthouse or private residence. $25,000 $20,000 The average bride's age is 26. In the 1950s and 1960s, the average bride's age was 20. $15,000 18% of couples are engaged in December and 35% have an $5,000 engagement party. 1945 1990 1999 2002 2005 2006 2007 2008 2009 2010 Wedding Costs Dollar figures represent averages in each category. Photographer Videographer Wedding Gown Engagement Ring Transportation $2,320 $1,463 $1,099 $15,392 $667 Ceremony Site Ceremony Music Reception Venue Reception Band Reception DJ welcome $1,393 $503 $12,124 $3,081 $900 Invitations Rehearsal Dinner Wedding Cake Florist/Decor Wedding Favors $351 $1,127 $540 $1,988 $222 Catering (per Head) The cost of an overall wedding (excluding honeymoon) is $26,984. $61 Combining Finances Prior to marriage, it is good to sit down and discuss one another's finances and the debt that each partner will bring into the marriage. Credit card debt, student loans, or the inability to pay bills on time are key factors that play a role in each other's future. Wedding costs can add strain to already tight finances. Official wedding loans could carry interest rates in the double digits. About 26% of couples take out loans for their weddings. Terms vary from 3-5 years. After Prince William and Catherine Middleton wed, a UK study revealed that couples take 33 months to repay wedding day debts. The average loan was £5,000 (-$7,900). Financial Benefits Marriage Bonus Depending on the couple's incomes and deductions, they may receive a Tips tax bonus when filing jointly. Car Insurance Work Benefits Rates for men Delay the wedding until Keep to an affordable budget and don't let small costs creep up. Choosing a date in early spring or fall can save you $500-$1,000 Save money by canceling your insurance plan if coverage is extended to you through your spouse's plan. under 25 drop once they're married; you can also save money by consolidating policies. you have the money to afford it. Loan Offers Share Expenses Two incomes can Printing invitations using thermography saves $500-$2,250. Eloping saves money that could be put Register for your honeymoon allowing guests to help pay. Cut down on the amount you pay for rent, cable, etc., by sharing expenses. result in a larger loan offer with toward a house. better rate terms. T|||||||||||||| The Wedding Report I Bridal Association of America X0 Group Inc I The Street MSN Money Small Business | US News Money | Wall Street Journal I Credit Cards I Turbo Tax I Credit Sources: BusinessCreditCards.com Information provided by: http://www.businesscreditcards.com The Business of Getting Hitched A couple's wedding is one of their most memorable moments in life. Whether it's a fairytale wedding or a wedding that is on a budget, this ceremony can cost a couple more than you think. Growth of the Industry Average Wedding Cost 1945 - 2010 $30,000 53% have weddings at a church. Other popular venues include courthouse or private residence. $25,000 $20,000 The average bride's age is 26. In the 1950s and 1960s, the average bride's age was 20. $15,000 18% of couples are engaged in December and 35% have an $5,000 engagement party. 1945 1990 1999 2002 2005 2006 2007 2008 2009 2010 Wedding Costs Dollar figures represent averages in each category. Photographer Videographer Wedding Gown Engagement Ring Transportation $2,320 $1,463 $1,099 $15,392 $667 Ceremony Site Ceremony Music Reception Venue Reception Band Reception DJ welcome $1,393 $503 $12,124 $3,081 $900 Invitations Rehearsal Dinner Wedding Cake Florist/Decor Wedding Favors $351 $1,127 $540 $1,988 $222 Catering (per Head) The cost of an overall wedding (excluding honeymoon) is $26,984. $61 Combining Finances Prior to marriage, it is good to sit down and discuss one another's finances and the debt that each partner will bring into the marriage. Credit card debt, student loans, or the inability to pay bills on time are key factors that play a role in each other's future. Wedding costs can add strain to already tight finances. Official wedding loans could carry interest rates in the double digits. About 26% of couples take out loans for their weddings. Terms vary from 3-5 years. After Prince William and Catherine Middleton wed, a UK study revealed that couples take 33 months to repay wedding day debts. The average loan was £5,000 (-$7,900). Financial Benefits Marriage Bonus Depending on the couple's incomes and deductions, they may receive a Tips tax bonus when filing jointly. Car Insurance Work Benefits Rates for men Delay the wedding until Keep to an affordable budget and don't let small costs creep up. Choosing a date in early spring or fall can save you $500-$1,000 Save money by canceling your insurance plan if coverage is extended to you through your spouse's plan. under 25 drop once they're married; you can also save money by consolidating policies. you have the money to afford it. Loan Offers Share Expenses Two incomes can Printing invitations using thermography saves $500-$2,250. Eloping saves money that could be put Register for your honeymoon allowing guests to help pay. Cut down on the amount you pay for rent, cable, etc., by sharing expenses. result in a larger loan offer with toward a house. better rate terms. T|||||||||||||| The Wedding Report I Bridal Association of America X0 Group Inc I The Street MSN Money Small Business | US News Money | Wall Street Journal I Credit Cards I Turbo Tax I Credit Sources: BusinessCreditCards.com Information provided by: http://www.businesscreditcards.com The Business of Getting Hitched A couple's wedding is one of their most memorable moments in life. Whether it's a fairytale wedding or a wedding that is on a budget, this ceremony can cost a couple more than you think. Growth of the Industry Average Wedding Cost 1945 - 2010 $30,000 53% have weddings at a church. Other popular venues include courthouse or private residence. $25,000 $20,000 The average bride's age is 26. In the 1950s and 1960s, the average bride's age was 20. $15,000 18% of couples are engaged in December and 35% have an $5,000 engagement party. 1945 1990 1999 2002 2005 2006 2007 2008 2009 2010 Wedding Costs Dollar figures represent averages in each category. Photographer Videographer Wedding Gown Engagement Ring Transportation $2,320 $1,463 $1,099 $15,392 $667 Ceremony Site Ceremony Music Reception Venue Reception Band Reception DJ welcome $1,393 $503 $12,124 $3,081 $900 Invitations Rehearsal Dinner Wedding Cake Florist/Decor Wedding Favors $351 $1,127 $540 $1,988 $222 Catering (per Head) The cost of an overall wedding (excluding honeymoon) is $26,984. $61 Combining Finances Prior to marriage, it is good to sit down and discuss one another's finances and the debt that each partner will bring into the marriage. Credit card debt, student loans, or the inability to pay bills on time are key factors that play a role in each other's future. Wedding costs can add strain to already tight finances. Official wedding loans could carry interest rates in the double digits. About 26% of couples take out loans for their weddings. Terms vary from 3-5 years. After Prince William and Catherine Middleton wed, a UK study revealed that couples take 33 months to repay wedding day debts. The average loan was £5,000 (-$7,900). Financial Benefits Marriage Bonus Depending on the couple's incomes and deductions, they may receive a Tips tax bonus when filing jointly. Car Insurance Work Benefits Rates for men Delay the wedding until Keep to an affordable budget and don't let small costs creep up. Choosing a date in early spring or fall can save you $500-$1,000 Save money by canceling your insurance plan if coverage is extended to you through your spouse's plan. under 25 drop once they're married; you can also save money by consolidating policies. you have the money to afford it. Loan Offers Share Expenses Two incomes can Printing invitations using thermography saves $500-$2,250. Eloping saves money that could be put Register for your honeymoon allowing guests to help pay. Cut down on the amount you pay for rent, cable, etc., by sharing expenses. result in a larger loan offer with toward a house. better rate terms. T|||||||||||||| The Wedding Report I Bridal Association of America X0 Group Inc I The Street MSN Money Small Business | US News Money | Wall Street Journal I Credit Cards I Turbo Tax I Credit Sources: BusinessCreditCards.com Information provided by: http://www.businesscreditcards.com The Business of Getting Hitched A couple's wedding is one of their most memorable moments in life. Whether it's a fairytale wedding or a wedding that is on a budget, this ceremony can cost a couple more than you think. Growth of the Industry Average Wedding Cost 1945 - 2010 $30,000 53% have weddings at a church. Other popular venues include courthouse or private residence. $25,000 $20,000 The average bride's age is 26. In the 1950s and 1960s, the average bride's age was 20. $15,000 18% of couples are engaged in December and 35% have an $5,000 engagement party. 1945 1990 1999 2002 2005 2006 2007 2008 2009 2010 Wedding Costs Dollar figures represent averages in each category. Photographer Videographer Wedding Gown Engagement Ring Transportation $2,320 $1,463 $1,099 $15,392 $667 Ceremony Site Ceremony Music Reception Venue Reception Band Reception DJ welcome $1,393 $503 $12,124 $3,081 $900 Invitations Rehearsal Dinner Wedding Cake Florist/Decor Wedding Favors $351 $1,127 $540 $1,988 $222 Catering (per Head) The cost of an overall wedding (excluding honeymoon) is $26,984. $61 Combining Finances Prior to marriage, it is good to sit down and discuss one another's finances and the debt that each partner will bring into the marriage. Credit card debt, student loans, or the inability to pay bills on time are key factors that play a role in each other's future. Wedding costs can add strain to already tight finances. Official wedding loans could carry interest rates in the double digits. About 26% of couples take out loans for their weddings. Terms vary from 3-5 years. After Prince William and Catherine Middleton wed, a UK study revealed that couples take 33 months to repay wedding day debts. The average loan was £5,000 (-$7,900). Financial Benefits Marriage Bonus Depending on the couple's incomes and deductions, they may receive a Tips tax bonus when filing jointly. Car Insurance Work Benefits Rates for men Delay the wedding until Keep to an affordable budget and don't let small costs creep up. Choosing a date in early spring or fall can save you $500-$1,000 Save money by canceling your insurance plan if coverage is extended to you through your spouse's plan. under 25 drop once they're married; you can also save money by consolidating policies. you have the money to afford it. Loan Offers Share Expenses Two incomes can Printing invitations using thermography saves $500-$2,250. Eloping saves money that could be put Register for your honeymoon allowing guests to help pay. Cut down on the amount you pay for rent, cable, etc., by sharing expenses. result in a larger loan offer with toward a house. better rate terms. T|||||||||||||| The Wedding Report I Bridal Association of America X0 Group Inc I The Street MSN Money Small Business | US News Money | Wall Street Journal I Credit Cards I Turbo Tax I Credit Sources: BusinessCreditCards.com Information provided by: http://www.businesscreditcards.com

The Business of Getting Hitched

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A couple's wedding is one of their most memorable moments in life. Whether it's a fairytale wedding or a wedding that is on a budget, this ceremony can cost a couple more than you think.

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