Hey there folks! Qoins here, with another blog post, but this time we’re changing it up to a more interesting topic which is, how to save for a wedding! We know it can be stressful and pretty pricey plus we currently have a few people at Qoins planning for their wedding, and we want to help you save some money while you’re at it! Here are some good tips to save on the big day!
1. Live on one paycheck and save the other:
There is a growing trend in couples living together before getting married. If that is your situation, then perhaps the fastest and easiest way to save for your wedding is to bank one paycheck. If you’re already a two-income household, you can live on one paycheck and then save everything from the other until you reach your goal of paying for your wedding.
If you’re not living together then maybe one partner can move back in with family, and save as much of his or her paycheck as possible before the wedding. That isn’t a perfect situation, but it’s a whole lot better than paying for the wedding with credit cards and spending years paying them back afterward (or just downloading Qoins.)
2. Sell everything you can.
If banking a full paycheck is impossible, then you may be able to save part of it and supplement your savings from other sources. One of the best ways is by selling anything that you have that you no longer need (Craigslist is one way to sell items quickly).
This can be even more practical when you consider that you will be combining households with your new spouse and much of what each of you has individually will longer be needed. Exercise equipment, a sound system and even a widescreen TV may no longer be needed once you are married. They can be sold to raise hundreds — and maybe thousands — of dollars that can be used for your wedding.