I'm constantly amazed at how much some money people blow on the Great White Wedding.
But Chelsea Clinton's forthcoming extravaganza takes the cake. The $11,000 cake, reportedly.
So in honor of this weekend's crazy Gilded Age circus, here are seven financial messages for would-be brides, grooms—and their parents.
- The wedding-industrial complex marches on - "a recession-resistant industry"
- Spending a fortune on a wedding is a choice, not a necessity. [read article for interesting comment about Bush's daughter's wedding!]
- Spend what you can afford. - The average family ... spend[s] about $17,500 on a wedding.
- Look at the hourly costs.
- The lifetime cost is off the map.
- You might—possibly—be able to profit from others' extravagance.
- How do you cut costs and still have a great wedding?
Comment: Great article ... now a quote: "Three groups spend other people's money: children, thieves, politicians. All three need supervision.” Dick Armey