Wedding Finance Planning You Should Be Doing Now Before Proposing

Everyone starts that way—at least until their dreams run straight into the brick wall of their budgets.

Questions such as “how to keep your finances in order before getting hitched?” or “how much to spend on an engagement ring?” are not the most fun to think about, particularly when you feel so deeply in love, but they are some of the most important questions you have to ask yourself before proposing.

It’s not just about how many people attend or how nice a cake is served at your reception, it’s also about how much the wedding itself will cost and how it impacts you and your partner’s long-term financial goals. If you plan to invest in a house, start a family, or take an extended vacation after the wedding, keeping a close eye on your wedding expenses is essential. 

While it’s okay to go over your budget a little bit for that perfect dress or venue, you should try hard not to cross into irresponsible spending territory. You want your wedding to be a memorable day for all the right reasons; not something you’ll be paying off for years to come.

Financial strain is one of the most common reasons for divorce. Start your wedding on the right foot by doing your research and planning how to balance your dream wedding with your financial plans as a couple.

In this article, we take a look at three questions you must ask yourself before planning your wedding.