Opinion

OPINION: Downsizing the wedding price tag to buy first home

I HAVE never been one of those girls who always dreamed about planning a wedding.

While tying the knot is an important milestone in the lives of most, myself included, I question the price tag and hype attached to the word wedding.

After eight years, my partner popped the question while we were snowboarding in Queenstown in August.

It was so special.

That was until the wedding questions started coming only hours after the proposal.

Yeah I understand after eight years it was pretty exciting for our family and friends, but getting questions like "when is the wedding" only hours later was a bit much. 

I was still in shock that I was actually engaged and had a ring on my finger to even think about a wedding!

A national survey commissioned by industry super fund - owned bank ME found many young Australian couples may be choosing a mortgage over wedding bells this wedding season.

While we have tossed up the options, we have decided that we do want a wedding and a first home.

But even if I have $1 million dollars in my bank - I couldn't comprehend spending a fortune on a wedding.

The survey revealed the average cost of a wedding to be $36,000!

I know for a fact some of our friends have spent well above that amount.

So you can understand why nearly 23% of Australian Millennials have downsized their nuptials in favour of buying a home.

The prospect of buying a home is so daunting that some brides and grooms now ask guests for a monetary contribution towards their house deposit instead of traditional gifts.

Would or did you spend the big bucks on your wedding or downsize and put the extra cash towards your first home? Join the conversation and have your say below.
 

Topics:  first home, opinion, price, proposal, wedding




New leader of Fraser Coast Opportunities announced

Fraser Coast Opportunities general manager Alva Hemming.

Alva Hemming is the third general manager at FCO in as many years.

No bail after an alleged attack on female officer

It is alleged a female police officer was kicked in the face

UPDATE: Colleagues witness fatal crash involving workmates

One woman is dead and another seriously injured after an accident on the Bruce Hwy north of Gootchie.

THE co-workers of two women killed in a crash issued a statement.

Latest deals and offers

Shannen Doherty shaves hair during cancer battle

Shannen Doherty has completely shaved off her hair

Brian McFadden makes daughters pay for own Christmas gifts

McFadden makes his daughters pay for half their presents

Lady Gaga is a godmother

Lady Gaga has become a godmother to her friends' daughter

Will Turbo be taken off TV?

Memes about Turbo are flowing on Social media.

PEOPLE want Turbo taken off TV, but will Prospero Productions the ma

Police charge in after Lohan claims fiance tried to kill her

"You tried to kill me. You're a f*****g psycho".

Prince Harry regrets not talking about Diana's death

Diana, Princess of Wales, enjoys a ride on the Maid of Mist in Niagara Falls, Ont., in this Oct., 1991, with her sons Prince Harry, then 7, and Prince William, then 9.

The royal was 12 years old when his mother was killed

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

The climb is slow but property on the way up

Michael Matusik, director of Matusik Property Insights.Photo Allan Reinikka / The Morning Bulletin

The improvement would be mild when compared to past cycles