Transcript
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Wedding Guest Inflation so you gotten your invitation? Hooray. You will definitely have to pay for a flight and a hotel. You also have to wear something and you have to get a present. You cannot afford the $1,000 espresso machine without overdrafting on your card. There are weddings that I go to because I love this person. They've been my best friends in college and I want to be there. There are other weddings that I go to out of social obligation and if I don't go, my mom will be mad. The cost of being a wedding guest is becoming a unmanageable. Let's talk about what this will actually cost you. What's up rich friends? And welcome back to another episode of
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Net Worth and Chill.
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I'm your host Vivian Tu, your rich BFF and your favorite Wall street girly. There's something that's been bothering me lately and it is Wedding Guest Inflation. The cost of being a wedding guest is becoming unmanageable nowadays. There's the engagement party, then bridal shower, of course the bachelorette party, which is a separate event entirely. It could be a chill night out on the town or a four day weekend to Vegas. And now they have nightly dress codes. Did you know that the people are facing a tremendous social pressure to buy a sparkly yellow dress because the bride is asking that everyone wear sparkles and yellow that night. And finally, at some point we get to the actual wedding. You haul your carry on suitcase to the city your friend is getting married in and partake in not just the actual ceremony, but the welcome dinner, the reception and the day after activity. Whether it's going to Six Flags, an escape room, or just a classic goodbye brunch. We all love our friends. We all want to watch and support our loved ones on their biggest days. But sometimes it can cost some serious money just to even show up. We're talking flights, hotels, outfits and requesting PTO for one event. That's even before you contribute to their down payment fund or buy a vase off of their registry and spend your hard earned dollars on an overpriced bottle at the airport because otherwise you will perish. A 2024 survey conducted by the Knot found that the average amount people spent on going to a wedding was $610, a $30 increase from the previous year. And if you have three or four friends getting married that year, you're easily spending two grand just to go to weddings. I'm not saying that we should stop going to our friends biggest life milestones. All of my besties know I'M a believer in celebrating true love, but a
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lot of us can can't afford the
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cost of being a wedding guest. Especially if we don't have the sweet, sweet leverage of knowing we'll get married soon and all this payment will circle back to us. So today on Net Worth and Chill, I'm going to share some of my best tips on how you can save this wedding season. We'll talk about strategies, budget planning, and even my most specific unhinged advice to get the best bang for your buck without upsetting your friends.
