Reported 4 months ago
The average cost of a wedding in 2024 is $33,000, often shouldered by the bride's parents, who may face the dilemma of preserving their nest egg while supporting their children. Strategies include teaching children about money early on, planning and budgeting well in advance, and focusing on sentimental value rather than extravagant spending. Financial therapists advise parents to ensure their own financial stability first before contributing to their child's wedding, suggesting smaller, sentimental gestures if financial constraints exist.
Source: YAHOO