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08 Nov 2010

The Author

Jennifer Spencer
Jennifer manages social media communications and the PerkStreet community. She tried once to live a fabulous life with a lot of debt, and that didn't really work out. She's found great success with making smart money choices that match her family's priorities. Since coming to work at PerkStreet she's paid off her debt, cut up her credit cards, gotten married, and had a baby. See what PerkStreet can do for you at perkstreet.com, and join the PerkStreet community at facebook.com/perkstreet.
Tips for a Debt-Free Wedding

Debt-Free Wedding | PerkStreet Financial | Free CheckingIn case you missed it on Facebook and Twitter, I got married about a week ago! My new husband and I married in Southern Maine in a small coastal town that holds a special place in our hearts, and we spent our honeymoon in Portland, Maine, which is home to some of my favorite restaurants.

While it wasn’t cheap, we kept things affordable by working with friends for wedding touches like flowers, photos and cakes (we called them “friendors” instead of vendors), and holding our events during the off-season which gave us lots of room to negotiate good deals. We also spent smart on the honeymoon, opting for a walk on the beach instead of hitting the spa and giving ourselves a set amount of “play money” we could each spend as we wished.

The best part of it all was that we didn’t put a single cent of this on credit. We only used debit, and we only spent what we had. I didn’t realize until we got home just what a relief this would really be.

We can remember our wedding through photos and not credit card bills.We are worried about where to put the massive toaster oven we got as a gift, not interest that’s piling up. Instead of rushing to cash the checks given to us as gifts, we’ve made an appointment with a financial planner to see how to best invest that money.

I can’t even imagine how hard it must be for couples who pay for their wedding on credit and start having a family right away – how can you afford a crib when you’re still paying for the champagne toast? With more credit, I’m sure. It’s a scary, slippery slope and there’s plenty to focus on in a new marriage without the fear of debt looming over us.

Plus, I used my PerkStreet card to pay most of the wedding expenses, so I earned cash back! Not only did I not have bills waiting for me when I got home, I had more perks.

The honeymoon may be over, but married life is pretty perktastic!

How did/will you save money on your wedding to keep things on budget? Let us know in the comments below.

2 Comments
  • http://www.savings.com/blog/blog.html Stella

    Congrats, Jen! I love the concept of “friendors.” Sometimes you need to navigate that kind of situation with care, but often it can be a win-win deal for all parties involved.

  • Jennifer Scott

    Thanks, Stella! We worked out different deals with different friendors. The cakes were from a friend who is starting his own catering company, and I offered to do some marketing/branding for him in exchange for the cakes, so it was a straight trade deal. I paid my photographer friendor, but her gift to us was a discount on the contract. I ordered the flowers online and the best man’s wife made them into bouquets and corsages and boutonneires (which never gets easier to spell, by the way.)

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