Modern couples are cutting these pricey traditions from their wedding budgets

Modern weddings are becoming more budget-conscious than ever before, according to new research.A survey of 2,000 engaged Americans currently planning their wedding found the days of glamorous overspending may be less common with the current financial climate front of mind. Twenty-two percent of those polled described their wedding budget as “modest,” while only 5% said they were planning something extravagant.An additional 16% said they were working with the “bare minimum.”The survey, conducted by Talker Research on behalf of JJ’s House, also found that the average couple expects to spend a third (33%) of their combined annual income on the big day. That translates to an average wedding budget of $21,058.While it was once tradition for the bride’s family to pay for the entire wedding, that model may be fading fast in today’s financial climate. The vast majority of couples (85%) now say they’re footing the bill themselves, with only 14% receiving contributions from both sets of parents and just 10% relying on one side of the family.Still, rising prices are testing the patience of even the most optimistic planners. Venue rentals (39%), photography (34%), catering (34%) and attire (32%) were listed among the most surprising sticker shocks.

The average wedding dress budget alone came in at $7,497.“We’re seeing a clear shift toward weddings that reflect both budget constraints and personal values,” said a spokesperson for JJ’s House.“Couples are being more intentional with their spending, not because the day matters less, but because they’re investing even more in the life that comes after it.”Some couples are adapting to the economic climate by getting creative.One in four (25%) have postponed the wedding to save more money.

Others have opted for DIY décor (27%), more affordable venues (24%) or secondhand outfits (19%) in place of designer brands.Nearly half (46%) of brides said their bridesmaids will be paying for their own dresses...

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Publisher: New York Post

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