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Bringing together leading experts to discuss credit, loan, debt and identity theft topics, CreditBloggers provides readers with unique insight and straight answers about the financial world.

Funny Money Friday: Weddings Cost How Much?!

Posted on 06/09/2007 10:06:45 | Link | Post Comment

Money doesn&39;t have to be boring! Each week, CreditBloggers.com takes a look at the lighter side of the personal finance world in a series called Funny Money Friday.

The average wedding costs a whopping $27,000 these days! That&39;s an incredible amount for an event that lasts 8 hours at the most. And average costs are even higher if you live in a major city. As someone who is recently engaged and living in San Francisco, I know these statistics all too well.

Consider the alternatives: $27,000 will easily buy you a fancy brand new car or a good start on a down payment for a moderately priced home. If you choose to invest that money, you could turn it into $48,353 in just ten years. Or use it to pay for a full year of tuition and board at a private university.  It can als o buy you a $27,000 bottle of Johnnie Walker scotch.

Click on the photo below to watch Credit.com&39;s President, Adam Levin, talk to WCBS in New York about how to save on wedding costs:




















Happy Friday!

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