I absolutely love a good wedding. I come from an unbelievably large, extended family, and have therefore been attending weddings practically since I was born. When I was about seven, I made a really memorable splash at my cousin's wedding — literally: I was dancing so hard that I accidentally tripped backwards and fell into a fountain — and I still had a blast. But it wasn't until I graduated from college and my friends started getting engaged that I realized that there's a big downside to these magical events: attending a wedding costs a lot of money, which as a young person living in New York City, I can barely afford.
According to a new report by personal finance company Bankrate.com, members of a wedding party should expect to spend approximately $728 if they plan on attending the shower, bachelorette party, and wedding. This shocking amount takes into account many different aspects, from travel to attire.
And if you're not in the wedding party? You're also shelling out the big bucks in order to attend a family member or good friend's wedding, the survey found. Guests attending those weddings and associated pre-parties spend an average of $628.
"Wedding season can be a stressful time, and not just for the bride and groom,”Bankrate.com Analyst Robert Barba said in a press release. “While it’s fun to celebrate with friends and loved ones, the associated costs add up fast and can wreak havoc on your budget if you’re not prepared."
Check out the following unexpected costs guests should anticipate spending, as well as expert tips on how to save, so that when wedding season rolls around, you, and your credit card statement, don't suffer.