Blog Master G

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Wedding Debt

Wednesday, July 16th, 2003 · 3 Comments

Jen and I aren’t the only ones facing the reality of wedding debt.

SFGate via NY Times: “The survey, from the Conde Nast Bridal Infobank, a research service for Conde Nast-owned wedding magazines, also found that the average wedding now costs $22,000, representing more than five months’ worth of wages for a middle-income family, according to data from the Census Bureau.”

I’m not too worried about it, though. I’m used to debt. Of course, that’s not necessarily a good thing. But I don’t dwell on it. I know how to manage it and have never had to go a credit counseling service. And, despite recent fraudulent activity, my credit report is still excellent. (In fact, Jen and I both have credit scores in the top tier, which has a range of 720-850. Funny how the FICO score almost reads like an SAT score, huh?)

I’m now reminded of this piece I wrote for the Poughkeepsie Journal on October 19, 1998.

Tags: wedding

3 responses so far ↓

  • 1 financeguy // Jul 17, 2003 at 7:35 pm

    Is it really worth going into debt for an event that lasts only one day?

  • 2 gabe // Jul 17, 2003 at 7:43 pm

    yes. memories last forever.

  • 3 Stacey // Jul 18, 2003 at 1:42 pm

    Hi,

    My name is Stacey from the television show, Inside Edition. I am working on an upcoming story about couples who are facing debt following their wedding day.

    I researching this topic on the Internet and came across your website. Would I be able to get in touch with you to speak to you about your situation?

    I can be reached Monday-Friday, 9AM-5:30PM Eastern Time at: 212-817-5405. Feel free to call me anytime or please email me at: skaspin@kingworld.com and let me know how I can contact you.

    Thanks for your help. I look forward to speaking with you,
    -Stacey Kaspin
    Inside Edition
    skaspin@kingworld.com
    212-817-5405