This post is short, to-the-point and not-so-sweet. Enjoy!
I see a lot of weddings at my new job. A. Lot. I’ve seen tacky brides, simple outfits, outrageously expensive ceremonies and I talk to grandpas a lot (insider tip: they’re the most likely to dish on the cost of the weddings).
A common thing that I hear, both on- and offline, is that weddings are investments. Sure, you fork over $20 000 for a big party but, since everyone’s supposed to cover the cost of their plate (at the least), and parents often chip in a few grand, often, couples believe that they stand to make money from their big day.
My question is: If weddings were such great investments, where are the investors?
Let’s look at the statistics*:
- The average wedding is a bit over $28 000
- The average number of guests is 139
- The average wedding gift cost is about $100**
Does anyone else notice that these numbers don’t add up? Even if you asked for all cash gifts, even if you lowered your expenses by half, you still aren’t even breaking even.
Weddings are not investments — they’re parties. If you’re looking to make money for your future, might I suggest a fundraiser?
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