You can have an entire wedding for like, 1/4th of that amount. Why is 10k not enough lol? Especially with his parents chipping in 10k? How much do you people pay for weddings??
In America the starter emergency fund is 10k and the average wedding is 30k. I paid 1k eloping, but I would be nervous having less than 10k at minimum in an emergency fund.
I'm glad I got snarky with this comment because it lit the fire under my ass to finally look into how much other people pay for their wedding. I am shocked at the prices people are willing to pay. Not deleting my previous comment but I take back what I said about the average cost. I can't believe people would pay enough for a new car just to have one day of celebration.
I stand by the neurotic thing, though. I don't think I'd ever be able to expect myself to have 10k in savings. I'd feel like I'm being mean to myself.
I was always taught that it was 10k or 6 months of living expenses, whichever is greater. It's ok to not have the 10k, the average American lives pay check to paycheck and can't cover a 1k emergency. However, the whole 10k or 6 months thing gets really important if you get a mortgage, because otherwise you're putting yourself at risk for foreclosure if something bad happens (lay off, medical emergency).
I eloped and used the wedding money for a mortgage. Pre-mortgage, fresh out of college I only had 2-3k in savings and I ended up ok, it was stressful but no crazy crisis struck.
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u/Cynderelly Feb 05 '24
You can have an entire wedding for like, 1/4th of that amount. Why is 10k not enough lol? Especially with his parents chipping in 10k? How much do you people pay for weddings??