help with debts (6months later)

tbourner

Have you actually paid for all the wedding stuff you've saved for? I don't actually agree with what's being said on here but if you're listening to it you also need to think about what you've paid out to companies so far and what you'll lose in deposits if you cancel the wedding or move the date!

Marisco

Well of course if things have already been paid for, or non refundable deposits paid, then go ahead. But if its just saved money, then a delay might not be a bad thing.

amiehall

If getting married sets your debt free date back by years then it would set your wedding date back by years if you used the money for repayments and had to save it up again.

So many expenses to do with weddings are likely to be paid well in advance and cancelling or moving back the date would likely waste a wad of cash. Getting married is obviously a huge thing in someone's life and it might help them focus on becoming debt free especially as the OP says they want children in the future.

I think it's really harsh to suggest cancelling a wedding at this stage of planning. You can't put your life on hold forever.

LandyAndy

Marisco wrote: »

I must say I completely agree with DarkConvict. I didn't realise weddings cost so much:eek: Maybe that's why not as many people get married these days as used to. It would be nice to start married life with a clean slate, and not bogged down with debt:) And if your already living together a few more months won't make much difference.

Getting married costs very little.

Weddings can cost as much as you want to pay.

tbourner

Marisco wrote: »

Well of course if things have already been paid for, or non refundable deposits paid, then go ahead. But if its just saved money, then a delay might not be a bad thing.

OP says they've 'paid off' £4.5K of the wedding, suggesting it's been paid to companies. The date is December BTW, that's not far away, especially in wedding terms!! IMO it would be stupid to cancel it or move it now and would stress them out FAR more than having the debts.

LandyAndy

tbourner wrote: »

OP says they've 'paid off' £4.5K of the wedding, suggesting it's been paid to companies. The date is December BTW, that's not far away, especially in wedding terms!! IMO it would be stupid to cancel it or move it now and would stress them out FAR more than having the debts.

I agree. They have made, IMO, a poor decision but are too far down that line to change tack now.:(

Marisco

Hi Landy, I see what you are saying, but from what posters are saying the average seems to be £7-10,000!! I don't know about anyone else, but to me that's a hell of a lot of money for one day! But each to their own;)

KingElvis

I agree, each to their own. I hope the op has a great day and holiday.

I just didn't really get it when 8k weddings were being discussed at the same time as DMPs and IVAs etc, in my head that was non sequitur, guess I just don't get it

tbourner

KingElvis wrote: »

I agree, each to their own. I hope the op has a great day and holiday.

I just didn't really get it when 8k weedings were being discussed at the same time as BMPs and IVAs etc, in my head that was non sequitur, guess I just don't get it

I think it's a misunderstanding, probably due to the amount of companies that say they can "wipe off 80% of your debt with a little known government legislation", people think you can do an IVA and easily get rid of all your debt for free!!
I used to think it might be an option for us, but we've never missed a single payment on any debt and always paid minimum payments on time, so an IVA or even a DMP is a bit of a silly idea, maybe the OP had the same incorrect idea and hence asked on here.

Name:_Lee

Ask your wedding guests for money not gifts. If you have 100 guests and they give on average £50 that is £5k towards your debt/ wedding.