Monday, March 15, 2010

Weddings- Financial Savings

Have you started saving for your wedding yet?

The savings should begin once you say yes to the proposal if not before.

With the many other daily expenses that you already have in place, think about opening a separate account to keep track of your wedding funds and handle all your wedding spending from there.

There are many advantages of having a separate account and keeping it strictly for your wedding. By doing so you are being organized and proactive with your planning and spending. If you are planning an average or long engagement you can start letting the interest grow.

Tip: Transfer or deposit a set amount each payroll period to be consistent with your savings.