Is anyone else depressed over money issues after the wedding?

I am so depressed over our financial situation!

The money we got as gifts from the wedding, paid just about half of our credit card debt. We also had to give $6,000 to DH's mother.(we borrowed it in order to have the wedding we wanted!)

Well, we also just moved into a bigger apartment, and spent a ton of money with the rent/security/realitor fee!

We had to buy a new couch for the apartment, which was another $1,000 on the credit card!

Now, all of our credit cards are almost maxed out and I am so depressed!

We have NO MONEY!

Not to mention we were bombarded with weddings this year! We had 4 in our family! Ours, My brother, My step-brother, and now my sister's is on September 25th, and I am the MOH!

I just had her bachelorette party this past weekend, and now we have to have money for the bachelor party in two weeks, and the wedding in 3 weeks!

YIKES! I hate having no money! My Husband says I need to get over it, because we will be in debt the rest of our lives and I can't let it get me down and depressed, but I can't help feeling this way!

Am I alone here?I

Re: Is anyone else depressed over money issues after the wedding?

We are right there with you....we lost $20,000 on our wedding, and are still in our apartment b/c we *thought* our wedding money would pay for a nice chunk of the down payment on a house, but being that we took a hit, we are still in the apartment

Re: Is anyone else depressed over money issues after the wedding?

We made out OK with our costs versus gift money. But, we also took a hit. When all is said and done, we have $25,000 less than we did before the wedding. But, we also put money toward our condo and furniture. We also thought that we'd have enough money after the wedding for a down payment on a house. WRONG!

The only part about that gifts that irks me is that there were some people who gave us significantly less than we gave them when they got married.

Re: Is anyone else depressed over money issues after the wedding?

Eesh .. I feel as though I wrote this thread. But it DOES help to know we aren't the only ones facing this

This very past weekend I was in tears about our money woes, post-wedding.. The fact that we just cannot pinpoint when we'll get 'back on our feet' and be able to buy a townhouse or home is killing me. NY real estate is just too outragous and it depresses me. I feel like our life is being delayed on every front (family, etc) b/c of the lack of funds.

We did just 'OK' at the wedding, gift-wise.. but any money we did get went straight towards paying off our credit card debt, which had accumulated with wedding planning. Unforutately we still have $$ of debt left over

We own the co-op we presently live in, but I had bought it well before I even met DH and while it was good for a single person, it is ridiculously tiny for the two of us.. a converted studio! While it served the pupose when DH first moved in w/me, we have so outgrown it that I long for a bigger place... Its just impossible right now

We seriously contemplate moving out of NY altogether when we think about this subject for too long..

Re: Is anyone else depressed over money issues after the wedding?

don't feel bad
we're broke too..

Re: Is anyone else depressed over money issues after the wedding?

It's horrible. We paid for our wedding, we saved for a little over a year so at least we didn't have any credit card debts wedding-related.
But after, we had to finance stuff we needed to buy b/c we had nothing....so we are tight with the money since we got married, I hate it!

Re: Is anyone else depressed over money issues after the wedding?

WOW...Yes I can relate. I tend to be the worry wort, while my DH is laid back. I am presently on a LOA from my job for 10 months so I could go back to school full-time to do an internship program. The stress is starting now with one income, credit card debit, rent, car payments, etc. and who can save. Thank God my DH makes decent $ or otherwise I would be unable to do this internship program. We just had a time frame on when we wanted to be in a house, and that now will not be for awhile. Some of our wedding money went to buying stuff for the apartment such as a bed, wardrobes, and money toward our honeymoon. It stinks that you think before the wedding that you will be set financially with a down payment for a home. Boy, who were we kidding!

Re: Is anyone else depressed over money issues after the wedding?

I'm also the worry wort regarding money where David is the more laid back one. We made back whatever money we spent on our wedding, but that money also went to pay for a few things. Here we are 2 years later and DH is now back in school so that will be a whole lot more $$ to pay back. We are not struggling to pay our bills at all, but I would always like to pay the CC debt down more than we can at the moment.

Re: Is anyone else depressed over money issues after the wedding?

that's part of the reason we left NY....we might not have much right now, but we're making it! And not eating pasta every night!!

the hardest part of marriage is the first year

Re: Is anyone else depressed over money issues after the wedding?

Well Danielle and I didnt do that bad. We spent around $25,000 minus our honeymoon and we got back most of it in gifts...The honeymoon we are paying back $1,000 each month on Danielle's credit card.

Danielle has a school loan she needs to pay off, and I have a $5000 credit card i need to pay off but we arent touching the money from the wedding. That money plus the money we save is going to stay in that account and we are going to use it for a down payment on our house.
Scott

Re: Is anyone else depressed over money issues after the wedding?

It is SO depressing. We paid off about 1/2 our cc debt, and then we had to take some from the savings to pay for some bills because DH didn't have a job until about 2 months after the wedding. We had been saving after he did get a job, but now we are going to be be out more money, with putting down the 1st and last months payment on the house were are going to rent. PLUS we still have some cc debt, 2 car payments. Ugh. It never ends!

Re: Is anyone else depressed over money issues after the wedding?

Felicia DA- you have an FM

Re: Is anyone else depressed over money issues after the wedding?

We actually did pretty good after all said and done. No credit card debts and a nice new joint account with about 16K which we will add $2000 per month to. Even with that, I am always worried about money. Even 20K doesn't get you very far on Long Island!

Re: Is anyone else depressed over money issues after the wedding?

same here. that is why we are going to Saratoga Springs Saturday for house shopping.
It really is depressing, if you let it get to you.
How did our parents do it? with kids.?

Re: Is anyone else depressed over money issues after the wedding?

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Posted by WeezieNY

same here. that is why we are going to Saratoga Springs Saturday for house shopping.
It really is depressing, if you let it get to you.
How did our parents do it? with kids.?

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I ask my parents this all the time! My mom said they struggled in the beginning and did without...but at the same time, even a small salary went a lot further back then than it does now.

Re: Is anyone else depressed over money issues after the wedding?

Completely depressed and stressed out about it. I am unemployed right now and only working part-time
We have a huge CC debt from the wedding planning which bugs me out because I really never had CC debt before - we don't want to touch the wedding money but I am really stressed

Re: Is anyone else depressed over money issues after the wedding?

We got back about 1/2 of what we spent on the wedding. We spent about $4K of that and the rest we put aside.

But because I haven't balanced our checkbook since the wedding I am afraid of putting any of our paychecks into the sav. account in case I bounce a check, and then we end up spending it.

But...DH is going to get a better paying job and I will start a more aggressive budget for us b/c we really want to buy a house next year!!!