How to put a ring on it and save for a house, too
Planning a wedding and buying a home are two of the most expensive milestones of adult life, and couples with both of these goals may wonder how they’ll pay for it all
Planning a wedding and buying a home are two expensive milestones in adult life. Couples with both of these goals may wonder just how they’ll pay for it all.
While some couples may be fine keeping the wedding small (or skipping it altogether) in order to save for a house, others have their hearts set on something grander and will need to find a way to make the most of their budget.
When deciding whether to prioritize buying a house or having a wedding first, “the better financial decision is to save for a down payment” says Haley Sacks, a Brooklyn-based content creator known online as Mrs. Dow Jones. “A house is forever, and a wedding is one day.” Still, she concedes that the choices are emotional as well as practical.
By setting smart budgeting strategies and leveraging the wedding to support homebuying goals, couples can go after these dual dreams.