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would you ?????????????

maybride75 Posted:

would you ?????????????

ok ladies would you if you could . say you had the money to pay off the whole wedding extras and all before the final count then worry bout that till the week before would you do it so that you could relax? or would you put it in a 6 month cd let it collect interest then just pay it when the balance is due. now remember ladies i dont get married till may of 08

Espo22 Posted:

Re: would you ?????????????

If I could I would pay it all off now, i think just so I wouldn't have to worry about payments or anything like that...It would be very stress free.

Espo22 Posted:

Re: would you ?????????????

Posted by maybride75

ok ladies would you if you could . say you had the money to pay off the whole wedding extras and all before the final count then worry bout that till the week before would you do it so that you could relax? or would you put it in a 6 month cd let it collect interest then just pay it when the balance is due. now remember ladies i dont get married till may of 08


Honestly, you wont get THAT much money for a 6 month cd, i hear people say they make 300-400 interest for a year and on top of that it is taxed...So thats why i would prefer to just pay it all off.
RGV07 Posted:

Re: would you ?????????????

i say put the money in a cd and let it collect interest, my parents are paying for the wedding, so i am bias

October Bliss Posted:

Re: would you ?????????????

Put it in a Cd and let it collect interest. Why should the vendor get the interest if the payment isn't due?????

ShanonandSteve Posted:

Re: would you ?????????????

I would pay everything off for the piece of mind knowing that it is all taken care of.

Espo22 Posted:

Re: would you ?????????????

Posted by ShanonandSteve

I would pay everything off for the piece of mind knowing that it is all taken care of.


yeah it would be nice...Id rather lose 200 or 300 in interest i would make just for peace of mind ahhhhhhhhh
Crystan08 Posted:

Re: would you ?????????????

I'd go for the peace of mind.....LoL

portjeffbride Posted:

Re: would you ?????????????

CD. Interest
jennandrolo Posted:

Re: would you ?????????????

I say pay it off. If I could pay off everything right now I would cause I don't like worrying about money at the last minute.

Jennie0898 Posted:

Re: would you ?????????????

I know it sounds tempting but if it's a high interest earning CD put it in the bank. If you have that kind of money, it's going to earn SOME interest. Why not make something off of that money regarless of how little it may be.

Espo22 Posted:

Re: would you ?????????????

Posted by Jennie0898

I know it sounds tempting but if it's a high interest earning CD put it in the bank. If you have that kind of money, it's going to earn SOME interest. Why not make something off of that money regarless of how little it may be.


Yeah it is all personal preference, to each their own...I personally am the type to say i'll pay more for something if it will give me less aggrevation and save myself the headache. So thats why i would prefer to get it all out of the way, not worry about the payments, and this way what we do have after that we are free to spend it and not worry about and we would be able to know all the extras we can include that we will wait until later to decide. So the way i see it is if i am willing to spend more on things to be stress free i am willing to lose the same few hundred dollars to be stress free.

But to the original poster, if this is something you have to decide now, then do whatever makes you comfortable and happy. What is right for one person is not for the next person.
MrsQ-in2007 Posted:

Re: would you ?????????????

Honestly, I would not prepay any vendors this far in advance. So many things can happen between now and your wedding day. No matter how much we think we've made the right choice, sometimes vendors can disappoint us and if you've paid them their balance and they do something you need them to change/fix, you have less to hold over their head to try to get them to rectify the problem.

JMO.
ali120206 Posted:

Re: would you ?????????????

I would put it in the bank, either in a CD or a high interest savings, depending on what the rates are. We found the high interest savings worked for us because the rates were slightly higher than three month CDs we were looking at and we had the freedom to withdraw money at any time if we needed to do so.

We earned a good deal of money in 2006 in interest so it was definitely worth it!

cindyandkevin Posted:

Re: would you ?????????????

Posted by October Bliss

Put it in a Cd and let it collect interest. Why should the vendor get the interest if the payment isn't due?????


I agree with Darlene. It might not be much interest but something is better than nothing!!!
Kimbalina Posted:

Re: would you ?????????????

Posted by Jennie0898

I know it sounds tempting but if it's a high interest earning CD put it in the bank. If you have that kind of money, it's going to earn SOME interest. Why not make something off of that money regarless of how little it may be.


CD,, keep your money, the vendor will put it in their account and get the intrst then!
thelastresort Posted:

Re: would you ?????????????

Posted by October Bliss

Put it in a Cd and let it collect interest. Why should the vendor get the interest if the payment isn't due?????


Totally agree

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