money-256307

What If Your Wedding Could Make You Money?


Trying to figure out how much to spend on your wedding? Slate has a handy calculator that shows just how much money you would make if you invested the cost of your wedding into the S&P 500. Chances are both you and your fiancée will reconsider those lavish centerpieces when you see the payoff you can get from trimming your wedding costs. Author Chris Kirk makes a strong case for reconsidering the typically exorbitant cost of the wedding:

 

“Whether the average cost of a wedding is $31,000, as the Knot reports, or more likely closer to $10,000, it’s a steep price to pay just to watch your cousin’s latest boyfriend abuse the open bar. If we eloped and invested that money instead, we could spend it on things we’ll truly need down the road, like college for the kids or Jet Skis.”

 

Link: http://www.slate.com/articles/business/moneybox/2015/05/wedding_calculator_what_would_i_have_if_i_invested_instead.html