Wedding Loan

meer53

At least they can move on with their lives without having to negotiate who pays for their joint wedding loan in their financial settlement.

tonycottee

Even if they had taken out a loan, I doubt they would still have been paying it after 10 years.

CHR15

tonycottee wrote: »

Even if they had taken out a loan, I doubt they would still have been paying it after 10 years.

This entire forum seems to be going right over your head.

tonycottee

CHR15 wrote: »

This entire forum seems to be going right over your head.

Not at all, I understand how it works.

Somebody asks for advice about a loan. I tell them loans are bad. I get thanks from the 5 or 6 regulars on the forum that say exactly the same thing. Everybody's a winner.

meer53

Loans are good. In the right circumstances. I agree loans every day.
Sarcasm - not an attractive trait really.

tonycottee

meer53 wrote: »

Sarcasm - not an attractive trait really.

Thanks. If we ever want to start dating, i'll take that into consideration.

GillyR-J

We are currently planning my daughter's wedding which I am for the most part am paying for.
I am not borrowing to pay for it and we have a budget which I am not going to disclose which I am happy with.
Everyone is different. What to one family may seen extravagant to others is fine every wedding is unique.
I think the most important thing is to have a budget that you can afford either through savings or if you choose ... a loan and stick to it.
I have divided the budget under headings eg dress, venue ,stationery and if there is an overspend in one area then the budget is cut in other areas.
My daughter understands this and it has prevented the costs spiralling out of control.
The other thing is to take out adequate insurance for all aspects of the wedding.

CharlieRabbit01

I think a trait I'm seeing here is don't get married it won't last and married life is hard.

I fail to see how being married makes life harder, though evidence amongst my friends suggests there must be something in being together and not getting married as those couples have been together longer.

iolanthe07

there must be something in being together and not getting married as those couples have been together longer.

That is not borne out by the statistics. The average marriage lasts for more than 10 years, whereas the average living in sin lasts less than five. I will attempt to find a link for those stats, but more than one survey has shown this to be the case.

CharlieRabbit01

iolanthe07 wrote: »

there must be something in being together and not getting married as those couples have been together longer.

That is not borne out by the statistics. The average marriage lasts for more than 10 years, whereas the average living in sin lasts less than five. I will attempt to find a link for those stats, but more than one survey has shown this to be the case.

Those couples being friends of mine.

Are those that are in your statistics happily married or are still together just because their married?