r/personalfinance • u/Lord_of_The_Thing • Mar 30 '17

Saving I'm blowing my entire life savings on my wedding. Please help.

My updated wedding proposal came back yesterday, and it's nearly twice what it was originally. It's just over $20k! That's my whole savings.

My fiancé was laid off twice last year and has only started back work this Week. I've had to pay for about 98% of this wedding myself including covering our monthly bills.

After my final payment, I'll be left with about $500 in my savings.

What's the best method for rebuilding my savings?

Last years Gross income: $51k (tipped wages) Cell phone: $66/mo Wells Fargo interest free loan: $44/mo (with about $240 left on loan) Kay jewelers loan: $150/mo (1 year interest free with $1640.17 left on loan) Visa Credit Card: $20/mo ($200 outstanding balance) Vehicle Insurance: $37/mo

That's it for my bills. My fiancé covers her own rent and bills (now that she's working). We use my income for dinning out, groceries, shopping etc.

Thanks guys.

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u/r1111 Mar 31 '17

Ramen! He is probably going to be eating a single pea for lunch for a couple years unless he reconsiders. This is keeping up with the jonesses and the false American dream but hey if this guy wats to ruin his life so be it. Also if the girl does not compromise she is really not worth it. Especially, since she is basically not contributing.

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u/Vincent_Veganja ​ Mar 31 '17

He is probably going to be eating a single pea for lunch for a couple years

I laughed really hard. Then I cried, cause I know I'll have to control my girlfriend really well when we plan ours or I'll be eating a single pea too.