the 07/23/2008

5 Ways to Save at Weddings

5 Ways to Save at Weddings

It's the time of year when weddings can start taking up more time(and money) than any other weekend activity. I know I'm not theonly one with a fridge covered in invites; Banker Girl and Budgeting Babe have also been discussing how to handle the multiple commitments.

Here are some ways to cut down on those wedding costs: Just say no . It may sound harsh, but sometimes it's the best solution. Askyourself, will I still be friends with this person in 10 years? Ifthe answer is no, then consider responding with a polite decline. Stick to one celebration . The National Endowment for Financial Education points out thatguests are often expected to attend not only the wedding but also abachelor or bachelorette party, bridal showers, and engagementparties. If you do end up going to more than one, NEFE recommendssticking to cheap gag gifts for the bachelor and bacheloretteparties and giving joint gifts with friends for the others. Rein in presents . While registries often include $400 china sets, there's no need tobuy something beyond your budget, says NEFE. Gift cards at thecouple's favorite store can be just as welcome. Negotiate with the happy couple . This may not be a popular idea, but if the bride wants herattendants to wear a $200 dress, plus the shoes and jewelry of herchoice, she may need a reality check. Similarly, meeting up for abachelor party in Las Vegas may not be possible for the groom'sfriends who already have to travel to the wedding. Split costs with friends . Consider weddings as a chance to relive your college days of roomsharing. Ask the bride and groom to match you up with another guestwho might be interested in splitting hotel costs.

What are your tips for saving money at weddings?