plonkee money an english-er's thoughts on personal finance

August 16, 2007

planning for weddings when you are single

Filed under: philosophical — plonkee @ 12:00 pm

Ramit @ i will teach you to be rich has written a post about how you should save up for your wedding since it is likely to cost a fortune. Fine, that makes perfect reasonable sense. However, I think he’s actually saying that if you are in your early – mid twenties you should start saving for your wedding. Not just once you are engaged.� Anyone else find that bit wierd?

I mean, I’m single. I’m in my twenties. Should I be saving up for my wedding, even though it sounds a bit desparate?

Maybe I get the point. People in their twenties tend not to have any major life commitments. But people in their thirties do. It seems realistic to think that lots of people will acquire life commitments (house, spouse, kids) at some point during that time, to the extent that its verging on the inevitable. So it makes some sense to save for future events that have a good chance of happening, even if you can’t see them right now.

Unfortunately, that sort of saving is, I think, the hardest to pull off psychologically. And if I started saving up for a wedding when I haven’t been on a date in months I wouldn’t exactly go advertising the fact.

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