Hi!
If you had a relatively good job with good prospects but owned a home that is a ‘project’ in the south (affluent area with a high mortgage) how would you choose to do your wedding/prioritise spending? FYI household income under £100k combined.
Circumstances:
- 30s
- Can realistically save £24k in the next 3 years and would be gifted a minimum of £5k for a wedding (maybe more). This includes any money for house work.
- Would like to have a child in the next 4 years
- Owe £10K re. a casual loan
Other factors:
- I have an intense job and sometimes CBA with the idea of planning/mental load of organising large wedding and the politics involved (inc with fiancé!)
- Really want to improve house and living environment, particularly before a child.
- Still want to celebrate but don’t want it to be shit. Likely guest list would involve 80-100 people, even if it was a party so it’s hard to have a small celebration.
Have toyed with the idea of a ‘wedding party’ instead and Registry office with immediate family, or just eloping to save costs and hassle but I wonder if we would regret not doing a proper celebration. Equally, I am keen to not put extra financial pressure on us and start our married lives debt free and in the most comfortable/stress free position possible.
Looking for advice to see what others would do in my situation!