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Reply to "anyone else not planning on paying for a daughter's wedding?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm the Poster on the other thread who said that, and the critical fact you are missing is that we are only trying to save the difference between private school tuition and private college. We pay private school tuition currently out of cash flow, which for both kids is about 52K a year. So we are not valuing weddings at 50% of college. We expect to keep paying for most of college through cash flow. We view putting a little aside now for a wedding as prudent. If it turns into a house payment because either kid doesn't meet the right person, so be it.[/quote] It's not prudent-you're losing out on tax advantages of formally saving for college. Why not make the savings officially earmarked for education, and pay for the weddings out of future cash flow? [/quote] We pay tuition [private school and college out of cash flow]. There are no savings for huge wedding productions. Nothing ever changes- there has always been wide ranges in wedding costs. Since many weddings are late afternoon/dinner then cocktail reception it's important to have decent food at the "happy hour" and good flow. No time lags where guests are loitering about. If the ceremony isn't in the same place as the reception make them no more than a few blocks or a 5-10 minute drive. Pay for the parking if in a city. No need to make a big buffet and then serve dinner an hour later. But have some easily identifiable items passed by waiters and tables with fruit/cheese. No funky food flavors at the venues = guests don't want to feel like the judges on chopped .... Don't have menu choices to be served - no matter what happens there always will be a contingent complaining about beef. Too well, too red. Can't see how it's done in the lighting. So if you want some beef have a carving station for small servings at the cocktail hour. Wedding programs, menus, invites, custom placecards etc are all thrown away by most guests. Centerpieces? Keep them low. [/quote]
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