In the beginning of the month, I proposed to my girlfriend of seven years, Amy. She didn’t
laugh in my face, and actually, she accepted my proposal. So, now I am engaged! It’s a very exciting time. We’ll be getting married July 28th, 2012. Fortunately, that’s a bit off in the distance still so we have time to plan.
We are currently taking Dave Ramsey’s Financial Peace University together (Yes, I bought the ring in cash), and before that we had read “The Total Money Makeover”. We are certainly “gazelle intense” about eliminating our debt. So far we have paid off 2 credit cards, and only have one left!!! After that it’s our cars and student loans. The reason I mention FPU is because it inspired us to have a debt-free wedding. A debt-free wedding seems like the perfect way to start our debt-free life together. We’ve seen the statistics about average weddings costing over $30,000!! We don’t have that much money, and we’re trying to climb out of the hole so there is no way we’re going to take on another 30k in debt! We’re determined to stick with Dave’s plan and start our marriage free from slavery to creditors.
The only thing I’m worried about is that our debt snowball will have us paying off our last debt in May of 2012. That’s only 2 months before the wedding. I’m not sure we’ll be able to save very much in 2 months. So, I think we’ll have to pause our snowball to be able to fulfill our goal. Our goal is to save $5000 for our wedding. Our challenge is to plan a wedding under $5000.
Pausing may set us back a bit on our “debt-free date”, and we might end up having to pay more interest as a result. The reason I’m not super worried is because I know that on July 29th, 2012 we will be able to start attacking the snowball once again, and this time we’ll be able to be even more intense. We’ll be DINKs after all…
I believe that God will provide for us in the way that is best.
Did you have a debt-free wedding? What advice do you have? Cost cutting secrets?
Let us know in the comments below!