Sunday, July 29, 2012

Are you planning to sponsor your own Wedding?

Hi Readers,

Wedding is a high cost budget in Indian culture. We Indian celebrate wedding as a grand celebration with a lot of spending on everything that is part of wedding. Yes, marriage is something that should be celebrated and enjoyed to remember till the end. However, if you do not want to be left  and under debt post marriage then plan it early.

In our tradition, girls settle only post marriage and boys settle before taking the vow. According to tradition its always the parent who sponsor their own child's wedding.  However, if you have got a well paid job, then plan it so that you could help your parent in your own wedding. That would be like a gift and stress reliever for your parent.

For girls, this is a golden chance to help your parent. Post marriage though you could still help your parent with finance, it does not happen regularly like a boy can do. So, girls help your parents by spending the maximum at your wedding. Yes, some parents are humble not to accept girls money at any cost. So, you girls can spend on your own jewelry and bear other personal expenditure.




Even boys you can sponsor your marriage. Mostly, what  have seen is in Indian middle class family, no body plans for a wedding, specially the boys. When marriage is fixed then they go for loans. However, opting personal loans is quite expensive. So, it is good if you plan your wedding budget ahead.

Set some money aside for the marriage expenditure on a regular basis. Plan to purchase jewellery with schemes available at major jewellery showrooms, in this way you could save a good amount of money. Keep aside money for personal expenditure on the D-day. This way you can reduce the burden on your parents.

Planning, saving and investing wisely could help you to stay out of major credits. In general Indian mentality prefers to get settled post marriage. However, major debts at the beginning of your marriage life could spoil the entire charm of it and could lead to awkward balancing. People learn balancing life with their spouse only post marriage. By this time, if you could manage to begin your marriage without any debt then that adds more charm and allows both of you to plan ahead for rest of your life.

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