| Our DD is getting married next summer. We are paying for the wedding, which will cost around $250k for over 200 guests. The groom’s family did not offer to contribute, but is hosting a welcome party (and FWIW, the groom is equally involved in all the planning). Our HHI and NW are in the top 1%. |
Not our experience at all. Please provide support for all these claims - or is this just all opinion and assumptions? |
$250K weddings are the new $100K weddings. We’re seeing a big split where people either go $250K+ (some over $1M) - or they do the courthouse route. |
| We are pretty wealthy so we will probably pay a big chunk. Whether we pay it all depends on how reasonable the bride and groom are. We are also going to give a large down payment so it going to somewhat be a combo decision. We will see what makes sense at the time. We have two daughters (no sons) so we need to keep it somewhat equal. |
This isn’t accurate at all and your preconceptions about a bride taking over wedding planning don’t bode well for your future relationship with your son’s future spouse. You will likely end up one of those overbearing and often avoided MILs that everyone complains about on the family relationships board. My kids will each get $50K to do with as they wish (down payment/wedding) when the time comes. I think DS is 5 years away and DD is 10 years away, so the amounts will be adjusted for inflation. |
1982 hAS CHIMED IN |
| If the alcohol is not charged per person, but per drink and a fewer % of people drink, you can save a lot. |
I think this is smart. If you are a middle class family, it's silly to waste $50k on a wedding. If PP can afford $250k, then it's probably immaterial to them. |
And have a super boring wedding. |
| The young crowd are the big drinkers but they also pre-game. That's on them. As is any after-party. Married couple, in our case, wanted to pay for transportation to keep everybody safe |
Yes, and even if the only concern is having to fill out the gift tracking tax form for that year (Form 709 for those wondering), remember it's also $19k per person, so a couple can give $38k to one person in a calendar year and not have to fill anything out or track anything. |
I can see the usual brigade has come out full steam offended. But here's the thing. This is closer to the reality. Most weddings are still planned by the bride and her family. Groom input ranges from nicely involved to turn up on the day in a tuxedo. There are plenty of exceptions including where the couple plans the wedding instead of the parents. But the majority of weddings are still dominated by the bride and her family. Unless the groom's family is significantly wealthier and in that case they can quite often take over the wedding. Just ask any experienced weddings planner how the real world operates. |
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We have three kids (2 girls and a boy). We plan to gift them money they can use toward a wedding. Not sure the amount- maybe 40K each? My parents gave us a fixed amount for our wedding, and gave us the balance. That worked well, and we'll do the same.
The only tricky thing is what to do if one of the kids isn't headed to marriage. I would still like to gift them the money, but I have no idea when would be the right time. Maybe marriage or age 30? We have plenty of time, so will see as the kids get older. |
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A parent here of a 32 DD. Couple could have paid, as a stretch, but we wanted to pay most or some. For us, it played out this way. Things that were important to the couple and we as parents didn't value as much so couple paid: a rented bus, flowers above what seemed ordinary to us, extra decorations for the tables, having a much longer photographer session, make-up and hair done onsite by professionals,
Things we, as parents, knew and were not surprised at the cost: the venue was 6K, the meal, alcohol, DJ. Was surprised DD didn't spend much on a dress, <500 at a sample sale online. She was adamant not to spend much and planned to resell. Surprised that Groom bought all of this groomsmen their suits, new suites to keep. Suits were his gift to them. As the event got closer and parent expenses were clearer, I decided to pay for the hotel for the bridesmaids. Each had flown in w/dates/husband probably taking a day off work. The very last addition to cost was me adding another wine choice. Unnecessary but that was me feeling insecure re: a few wine snobs who would be in attendance. |
My kids are young and $100k seems like an insane amount (although as the time approaches I will hopefully have more money), but this is my general approach. Tell each kid they have a bucket of $XXX and if they want to spend it all on a wedding, have fun. If they want a chunk or most of it as their wedding gift so they can put a down payment on a house, even better. I know what I would prefer. But they will be adults when they get married and adults get to make their own choices and mistakes. |