Wedding Loans - Do You Really Need A Wedding Loan?

Wedding loans can be a source of succor if you're broke sometime during preparations for your wedding.

Let's face it. We all make mistakes. And anyone can make mistakes in planning an event as big as a wedding ceremony. A common mistake is underestimating the price of materials, items, or supplies needed for the wedding ceremony.

When this occurs, you may discover a few days to the wedding that your budget is far below the cost of supplies needed for a smooth ceremony. At that point you may be compelled to take a short term wedding loan.

You may take the loan from a close friend, a colleague in the office, your bank, or your employer.

Loans from employers often come as salary advance to be repaid over a couple of months starting from the month after the loan was granted. Some employers give loans equivalent to the employee's one month basic salary and stipulate that the loan should be piad up in full within six months from when it was granted.

Taking loans to pay part of the expenses incurred during your wedding simply means your family will be starved of a percentage of your monthly income for up to six months after your wedding.

Think about this. What impact will this have on your family's well-being?

Remember, you lived alone on the full salary and often complained that the salary is too small. Now imagine the two of you living on an amount short by one sixth of what you alone use to spend.

This means your family will start out on austerity measures right from the very first month of your wedding.

The situation is even worse for some couples. Sometimes the bridegroom may take wedding loans from more than one source. And the situation may be so bad that one third of the family's income may end up being used to settle loans up to six months after the wedding.

This often takes a toil on the family. The stress of the new relationship, the challenge of adjusting to leaving together, and the burden of the loans may prove too difficult to bear.

The cord that bind couples together have been found to snap in some cases due to the pressures from all circles including the burden of pre-wedding expenses and associated loans.

So, before you take that pre-wedding loan, stop and think.

Do you really need that enticing loan?

It will be disastrous to devote so much love and emotions to a love relationship and then allow the desire to please the crowd steal away the joy of the relationship.

So, think things through thoroughly before deciding to take a loan to cover your wedding expenses.

The course of wisdom is to sow your coat according to the cloth you have. That is, plan your wedding within your means.

Follow the course of wisdom.

Back To Home Page From Wedding Loans

Subscribe to the True Love Advisor newsletter for latest tips and advice