Categories: Personal Finance

20 Worst Money Mistakes People Make in the Name of Love

SPENDING TOO MUCH ON A WEDDING

According to The Knot’s 2016 Real Weddings study, the average wedding costs a record $35,329 — that’s around $5,000 more than the median annual salary in the United States.

Weddings are an industry — and a big one, at that. Magazines, bridal shops, jewelers, florists, caterers and countless other components of that industry all benefit from convincing you that bigger is not only better — but necessary. It isn’t, and plenty of brides and grooms express regret over splurging when the credit card bills come due.

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