How financially stable must you be before you consider marriage

[Liliput]

Hello!

I've been with my boyfriend for over 3 years. We are both working but with an average income. We both want to marry soon but is worried about the financial burden that comes with it (wedding banquets, getting a new home etc.)

How financially stable must you be before you consider marriage?

 

[Aj.tan]

It depends on how lavish / simple you want your wedding to be!

If you're okay with a simple wedding, you need between 10k to 40k for wedding lunch or simple dinner.

 

[JohnNPG]

Hello!

I've been with my boyfriend for over 3 years. We are both working but with an average income. We both want to marry soon but is worried about the financial burden that comes with it (wedding banquets, getting a new home etc.)

How financially stable must you be before you consider marriage?

Hi Liliput,

It has to really depends on what you expect afterall, Be it simple or lavishing, It does not necessarily means that one have to be extremely rich enough to be ready for marriage, But what most importantly both party must have the enough saving ready for sure although no amount of money is ever enough.

Perhaps cutting down some expenses might actually helps, But no matter what it is, There is no standard condition on how you need to be before going into marriage. All truly depends on the couple themselves.

 

[miloice]

its not just the wedding. Seems, everyone is engross with the budget and expectation of the wedding. Frankly, that is only the beginning. What are your goals, will you get a car, start a family etc. What about the dependents, parents that you need to care for. You need to be well aware of all the commitment and what it means financially for the couple.

 

[newproject]

Hello!

I've been with my boyfriend for over 3 years. We are both working but with an average income. We both want to marry soon but is worried about the financial burden that comes with it (wedding banquets, getting a new home etc.)

How financially stable must you be before you consider marriage?

The main cost maybe 60 to 70% easily is going to be the wedding banquet.

And that depends on

A) hotel or restaurant
B) number of tables
C) weekend or weekday , dinner or lunch.

If you want a "decent hotel" , weekend dinner its easily 1200++ per table of 10.

Multiply by number of tables and you have your main cost.

You will need hire wedding gown and prewedding photo shoot that can be at least 2k more likely 3k+

You want actual day photography and videography add another 2k.

Budget for bridal car at least 500.

Add in engagement and wedding band and honeymoon and misc like pinjin you get an idea about budget.

And I haven't even include housing.

You can of course save by say going weekday lunch, hold in restaurant not hotel, invite few guests , get friends to take your photo. Don't book packages with bridal studio but go jb find, defer honeymoon etc.

But many people I know want the conventional thing which is ex.

That's why most Singaporeans marry in their 30s. Its quite expensive.

 

[verysadguy]

wedding is not important. what is after the wedding is the most important....

 

[cjnsal]

Hello!

I've been with my boyfriend for over 3 years. We are both working but with an average income. We both want to marry soon but is worried about the financial burden that comes with it (wedding banquets, getting a new home etc.)

How financially stable must you be before you consider marriage?

Hi Liliput,

Financially you definitely need to be stable to enter a marriage. When i say stable, i mean that both of you are earning sufficient to sustain a family together, not splurging the money on a wedding.

The extent of how much you want to spend on your wedding depends a lot on your expectations. Are you okay with a simple wedding? Are your parents aligned?

I am a budget bride as i will be taking my BTO late this year or early next year. There is a lot of joy in planning my wedding in a budget way for location wise, i be having it in a church with buffet lunch catered (and proper seating for everyone). It makes me happy knowing that I am not spending excessively and at the same time my friends do not have to feel the heart pain (by emptying their pockets) to attend my wedding.

Its all about your expectations and perspective