Saving money.. How are you doing with that??

Original post by SIBride06

Apr 26, 2005 01:29 PM

Hi ladies.

Have you ever sat down to really think about how expensive our wedding will be??? The wedding alone is costing us a fortune.. Im not even counting in all the money we have to spend to furnish our apartment when the time comes.. and OMG.. its only 20 more months until I get married!!! Thank god for bridal showers!!!

Have you ladies drastically cut corners to save for this joyous event?? What are your saving secrets???

And the BIG question...

Has anyone set any finanical goals ( etc.. June I want to have so & so in the bank... Dec 31st.. I want to have $$$ in the bank). Were these goals met??? If not.. How did you feel?? My FI & I hit a dry period (savings wise). Im just hoping to reach our finanical goal by the end of this year or I will seriously go out of my mind!!

Am I making any sense??

teany Posted: Apr 26, 2005 04:03 PM

Re: Saving money.. How are you doing with that??

Posted by Blu-ize

I want more info on the ING account. Can you just open it online and send them a check?

I have an ING account, and so does FI -- he convinced me to open one and I'm glad he did. It's very easy to set up. Go to Ingdirect.com, they'll have you give them the numbers for your checking account (they deposit a few cents into your checking first and you have to then confirm the amount for security reasons -- still, it's a free 20 cents! ). Then you can transfer money back and forth between accounts. You can also set it up to transfer a set amount each week or month or however often you want. I earned about $35 interest last year, and I think it was only opened in the summer!

shellnroc Posted: Apr 26, 2005 04:31 PM

Re: Saving money.. How are you doing with that??

We are both saving as much as we can after paying our bills each month. It's so hard!!!
We both worry so much that we won't have enough money to pay for the wedding but also about after the wedding. Things are so expensive especially on LI. Hopefully, it all works out.

hmpena Posted: Apr 26, 2005 04:31 PM

Re: Saving money.. How are you doing with that??

I love my ING account! I even got $25 free for opening it! That alone was worth it to me! FI and I are saving every little bit of $$. We bring lunch every day and don't eat out much anymore. We do occasionally, but it has been cut drastically. Right now FI has a lot of debt, so he is paying that off and I am saving whatever I can for the wedding. I have almost no debt (only car and school loans) and I pay my bills off every month. We put all of the money people gave us for our engagement in the bank, as well as money from Christmas, birthdays, etc. FI will use his tax return to pay off the majority of his bills and then the leftover money will go to the wedding. So far, we haven't touched ANY of the money in the bank! We have been able to pay all of the deposits for vendors with money that came from our checking accounts. neither of us want any debt from the wedding and are trying our hardest to spend as little as possible... this means no big vacation for us. But it's worth it!

cindyandkevin Posted: Apr 26, 2005 04:34 PM

Re: Saving money.. How are you doing with that??

Ugh, I put away $100/week towards the wedding. My FI and I already live together and have a lot of stuff. Since we don't have anything for the HM I'm thinking we might register for that and people can give us $$, cause that's really what we need. Saving is hard and everything month I keep thinking we're not gonna make it!!!

DanielleBride Posted: Apr 26, 2005 07:07 PM

Re: Saving money.. How are you doing with that??

We just opened a joint savings acct. We have been putting away $1,500 a month for the wedding and related. We are splitting the other bills, i.e. rent, car payments, insurance and such. It's tight, I've discovered Walmart recently and am a coupon clipper now but it will all be worth it. Besides its good practice for saving for a house, which is next

GsCM4EVA Posted: Apr 26, 2005 07:12 PM

Re: Saving money.. How are you doing with that??

we opened up a join savings account when we first got engaged, prob like a week or 2 later. tht awas at the end of feb. now it is april and have 5200 in there..good, rite? i hope so
im tryin to put away 800-1000 a month, my fiance the same.
i get paid ****** for now, i just started a new job after a career change, but i get a raise in less than a month..hoepfully it will be a good one..
so hopefully by the wedding we will have enuff saved..
or we are frigged
lol

Awhite80 Posted: Apr 26, 2005 07:54 PM

Re: Saving money.. How are you doing with that??

I am half way to what i need to save and my wedding is 14 months away! I work 6 days a week and have little time to shop (which is a good thing). I am in scrubs the majority of the time so having to buy clothes for work isn't a problem. FI is in England so dinner isn't a problem. The only thing is the 400 dollar plane ticket every other month! I have saved 4000 in 4 months - so i put away about 1000 a month!

amazon_gracie Posted: Apr 27, 2005 01:00 AM

Re: Saving money.. How are you doing with that??

i love ingdirect! opening an account with them was one of the best decisions i have ever made. it's so easy to use and their rates are great! my fh opened one up recently too. we both put away as often as possible. if your wedding isn't right around the corner, i would recommend looking into their CDs. the rates are higher than the savings account rates but you're locked in for a specific amount of time. we put some money away in a 1 year CD too.

also, not only do you get money for opening an account, you can $10 for each referral that opens an account.

since i'm not making a lot of money right now, i've been even saving my change. after my coin jar gets pretty full, i go to the local commerce bank and put it into the penny arcade. it's a good way to save a little without too much effort.

mgrote Posted: Apr 27, 2005 01:10 AM

Re: Saving money.. How are you doing with that??

Every month we put away what we can. If you right down everything you need and how much everything costs then devide by how many till the wedding, it will put you on the budget to succeed your goal. we have 14 more months and we are right on target. It's tough especially when you don't live at home. We have been living together for 2 1/2 years and its expensive! but you get by and enjoy life. Try not to STRESS, it always works out in the end.

JessicaM. Posted: Apr 27, 2005 09:34 AM

Re: Saving money.. How are you doing with that??

Posted by amazon_gracie

since i'm not making a lot of money right now, i've been even saving my change. after my coin jar gets pretty full, i go to the local commerce bank and put it into the penny arcade. it's a good way to save a little without too much effort.

LOL I am doing the same thing...I have a bank for change and a separate one for pennies!!!! It really adds up!

VogueBride Posted: Apr 27, 2005 06:18 PM

Re: Saving money.. How are you doing with that??

was have ING...and the interst is GREAT!!!!!!

and we have saved since christmas......

$180 in change!!!!

ElegantBride Posted: Apr 27, 2005 08:04 PM

Re: Saving money.. How are you doing with that??

Repeat to self: I don't NEED to shop.I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop .I don't NEED to shop.I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop.I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop.I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop.I don't NEED to shop.I don't NEED to shop. I don't NEED to shop. I don't NEED to shop. I don't NEED to shop.

buggiegirl Posted: Apr 27, 2005 08:14 PM

Re: Saving money.. How are you doing with that??

OMG elegant bride- can you call me and repeat that? maybe some tapes to listen to while i sleep???

ElegantBride Posted: Apr 27, 2005 08:17 PM

Re: Saving money.. How are you doing with that??

I figured typing it would hypnotize me....I was trying to help myself, lol.

nypdgirl Posted: Apr 27, 2005 09:35 PM

Re: Saving money.. How are you doing with that??

me & the Fh had a joint acct for 6 years, we just need to make sure we come up with 11K's for the misc wedding stuff not the hall (like photo,dj etc).....................My pop gave of 10K to start the hall off with, i was hoping more but i don't want to sound greedy so anything will do, besides they are paying for other crap to like bridal shower & other misc wedding stuff.................We hope to move out by march or april 06 to have @ least a few more months to save b4 the wedding....It's soo damn hard on LI to save or do anything, i wish we can all get some kind of break............

CynthiaandJeff Posted: Apr 28, 2005 10:34 AM

Re: Saving money.. How are you doing with that??

So funny! Did you work for ING in the city? My daughters father works for them now! :)

conigs25 Posted: Apr 28, 2005 10:34 PM

Re: Saving money.. How are you doing with that??

I miss clothes shopping

KandM2006 Posted: Apr 28, 2005 11:30 PM

Re: Saving money.. How are you doing with that??

We're EXTREMELY lucky to both live at home so neither of us pay rent. We each put the same amount of money a week in a joint account. It doesn't make me feel so bad because I write the checks out to myself!! We're paying for the whole thing ourselves so it does break my heart that we have to scrounge to come up with a downpayment for someplace to live.