Someone who got money for a wedding

Get Money For A Wedding

These days, it is becoming far less common to have a wedding paid for entirely by parents. The days of the brides parents fronting the cost of a wedding are coming to an end. This leaves many couples with a problem. How do they pay for their special day? Luckily, there are options. If you find yourself looking for money to pay for your wedding, take a look at some of these options.

1) Get A Loan

This is a path that many people choose because, quite frankly, it is the easiest. Just get a loan and the couple will have all of the money they need and can go about planning their wedding. If you want to just “get it done” a loan might be the way to go and we can help you get a quote.

We get you access to a large group of online lenders. One of them might be able to make you an offer for the money that you need, even if you have bad credit. Even better, it takes just a few minutes to find out.

Click here to get a free offer.

2) Downsize Your Wedding

It might be in your best interest to simply downsize your wedding. This will allow you to work with the money that you have on hand instead of stressing over getting more money or paying for something that you simply can not afford.

We all want the dream wedding, but is it really worth putting your financial future at risk to get it?

Downsizing will mean different things to different people. It could mean moving the service to a friends house, decreasing the size of the wedding party or perhaps even just taking a group of friends to a JP.

In any case, if you can not afford to pay for the wedding you are currently planning, try scaling it back a bit.

3) Simply Elope

The ultimate way to downsize a wedding is to simply elope.

Trying to pay for a wedding and a honeymoon? Why not just combine them. Take the honeymoon and get married on location.

Eloping can not only save you money, but it can also save you a good deal of stress. Few things are as stressful in life as planning a wedding. Coordinating vendors, trying not to offend that sensitive family member, etc, etc. Planning a wedding is just a big pain.

But what if you have family that wants to be there? Easy, invite them. Invite everyone, just make it clear that they would have to pay their own way.

4) Start A Side Hustle

Everyone should really have a side hustle anyway.If you are struggling to get the money for your wedding, now is the time for you to get one.

Here are some possibilities.

  • Part Time Job
    A simple part time job might be the ticket. Even in a down economy, people are hiring if you know where to look. Jobs like warehouse and food service, for example are always hiring.
  • Sell Scrap Metal
    This means more than just turning in soda cans. Large scale scrap metal recycling can earn you as much as 30 cents a pound. Look for large pieces of metal like old bed frames, water heaters, etc. Then, take this metal to a local recycler and cash in.
  • Donate Plasma
    You can make as much as 400 dollars a month donating your plasma. This would involve donating twice a week with each donation taking about an hour to complete.
  • Buy & Sell
    Thousands of people make extra money by buying low and selling high. Buy items cheaply on Craigslist and then resell them on eBay or Facebook Marketplace. The trick is having an eye for a deal.
  • Walk Some Dogs
    With the help of websites like Rover, anyone can make money taking care of peoples precious pets. All that you need is a love for dogs and a bit of free time.
  • Drive People Around
    If you have a four door vehicle in good shape, why not drive for Uber or Lyft to make some money for your wedding. Work when you want and where you want. Don’t like people? Drive some food around instead with Uber Eats.

5) Crowdfund It

Crowdfunding use to just be for charitable cases and business startups, but that has all changed. A surprising number of people are choosing to crowdfund their wedding, essentially asking friends and family to help pay for their wedding.

Crowdfunding can get the job done, but it comes with certain risks. For starters, it can be very offensive to some people so you risk making friends and family angry.

In addition, you just do not know how a funding campaign will go. It could take off and it might not. In the meantime, there will be venue and service deposits to be paid. This is money that you might not have or that you could lose if your campaign does not get you enough money.

6) Open A Savings Account

It is hard to save for something if your wedding money is commingling with your everyday funds. What you need is a separate savings account and you should open one online.

Open an account with an online bank that is separate from your regular checking account. This will keep your money separate and make it harder to spend on a whim. Instead of being able to transfer money instantly, it would take a full business day.

Another benefit of an online savings is that it would pay more interest. Where your local bank might pay just .1 percent, an online savings might pay 1.5 percent. Every penny counts.

7) Cut Expenses

You might think that you have nothing that you can cut out of your budget, but you are probably wrong. Nearly every budget can be improved upon.

The biggest area that you can save is probably your food budget. Eliminating meals out and fast food are a no brainer but you can also save on groceries. Start meal planning and you can save hundreds of dollars a month in food waste.

Besides your food budget, you should look at every other place where you can save. Here are some more places to look.

  • Auto Insurance
    When was the last time you did an audit of your insurance expense. Call around and get quotes from at least 3 other providers. If you do not want to switch insurers, call your current company and ask about discounts. Can you bundle services or are you driving less? These things might save you money.
  • Loans
    Do you have installment loans, such as a vehicle loan? If your credit has improved, now might be a time to refinance them to save. Additionally, if you just need to free up a little cash, you can ask them to defer a few payments.
  • Entertainment
    You can always get back to living after your dream wedding. For now, cut out trips to the theater, drinks with friends, etc. These things can add up to hundreds of dollars.
  • Cable or Satellite
    If you are still paying for one of these services, realize that you are wasting thousands of dollars a year. Switch to a much cheaper streaming service or even better, choose one of the many free services like Crackle.

8) Put It On Plastic

With average credit rates in this country being over 17 percent, this is obviously not the ideal solution. That being said, a credit card (or two) could certainly fund that wedding of yours.

If you choose this option and your credit is good, consider looking for a new credit card to get the money that you need. If you are lucky, you may be able to find a card with an introductory rate. it would be hard to beat 0 percent interest for a year, but be careful. That introductory rate will not last forever.

9) Use A Home Equity Loan

If you own your home, you have in your hands one of the most affordable sources of credit around.

Tapping into your homes equity with a line of credit can give you access to money with very competitive interest rates. Since this is a secured loan, rates would almost always be much better than a standard personal loan.

Do use caution and weigh in all of the potential costs of the loan. There may be fees involved and you need to make sure that you can afford the payment. You would not want to lose your home to fund your wedding.

10) Tap Into Your 401K

Just like with a Home Equity Loan, tapping into your 401K could give you cheap access to money. It is a low interest loan and the interest you pay goes back into your retirement savings.

Just like with a HELOC loan, there are risks to taking money from your 401K. You could face penalties and taxes and you would be taking money away from your retirement, which is a big deal. You can’t retire on precious memories.

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