Paying for a wedding: Loan and credit card considerations

Your wedding promises to be a wonderfully memorable day, but it can also come with a wonderfully hefty price tag. There are the major expenses like the venue, food and entertainment. But little things can add up, too. And that can lead you to ask questions: Do we really need party favors? How important are flowers, really? Wait, I have an Aunt Marge? As the day draws near and bills come due, one question will continue to linger: How are we going to pay for this wedding?

Here’s what you need to know about paying for a wedding, and the potential impact on your credit:

Start with a wedding budget

No matter how you pay, it’s important to create a wedding budget you’re both comfortable with. From there, you’ll have a foundation on which to manage expenses and expectations as best you can.

 

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