The cost of being a wedding guest

Just because it’s their big day, don’t feel you have to spend what you can’t afford.

Factoring in hotel, gift, outfit, travel, hen or stag nights, drinks and beauty, we’re likely to spend a huge money per wedding this year.

Despite the high costs, only a third (30%) will turn down an invite if they can’t afford it, with a quarter saving up or using their savings to attend. However nearly two thirds (63%) wouldn’t go to an overseas wedding due to cost.

If you’re faced with multiple nuptials this year, we’ve some tips to help you have a great time.

Plan what you can afford

The first step is to work out what you can afford to spend. Then create a mini budget of what you think you’ll spend at each wedding. You’ll get a half decent idea of whether you can afford to attend them.

Think before putting it on a credit / debit card

If you don’t have enough to pay for the expenses of being a wedding guest, think before you put it on a credit / debit card. Borrowing money to pay for it can be dangerous.

If you don’t have enough funds coming up that will allow you to repay in full and avoid interest payments, it’s possible you could get caught in a debt spiral.

That means you may have to say no to some parts of the wedding. Explain why you can’t make it and your friend will hopefully be understanding.

Cutback where you can

The research found the most popular ways to cut the cost of attending a wedding were looking for hotel deals and shopping for outfits in the sales.

If those costs still prove too expensive, see if you can stay at a friend’s house or share an apartment ( Self-Letting.com ). You might even be able to recycle a dress you already have or wear the same one to multiple weddings.

Likewise, don’t feel you have to buy the biggest present on the gift list. There should be a cheaper option or you could buy something bigger with friends.

Car sharing with other guests can also bring down the travel costs or book your train tickets well in advance.

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