“Stand in your truth!” This is the battle cry of renowned financial guru Suzie Orman pushing Americans to live within their means and to face their financial realities.
When splitting your wedding expenses, this is to echo the advice of Ms. Orman – stand in your truth!
The traditional way of dividing wedding expenses is not keen to the financial wellbeing and realities of any of the parties involved. While these practices have been around for centuries, they are not cast in stone, and couples should never be afraid to break these traditions and make decisions that are financially sound.
According to a poll conducted by WeddingChaos, 64% of couples are breaking the traditional rules and only 18% are sticking to it. Many couples agree that while tradition can be upheld for those who have the financial means to do so, they also concur than forcing a specific party to shoulder wedding expenses beyond their capacity is not only archaic but also unkind.
There’s this belief that whoever spends the most gets to make the majority of the decisions, a point of view that can be a source of conflict between the bride’s family and the groom’s family and in some occasions, can even cause friction between the bride and groom themselves.
No one is saying that planning the budget and figuring out the finances for a wedding is a walk in the park. But at the same time, it does not have to cause a family feud or bury someone in debt. Even though there’s money involved, planning a wedding should be romantic and memorable and sweet and should be filled with the stuff fairy tales are made of. Spending should be done wholeheartedly and with the end goal of creating a magical day for the couple.
At the end of the day, money spent on a wedding should feel like money well spent. If you feel otherwise, then it’s time to rethink how you split the wedding costs.
What do you think about how to split the costs of the wedding? We would love to hear your thoughts on the matter. Leave a comment below and tell us how you feel.