Do you think that it is a good idea to pay things off straight away if you can? ie if the venue costs 550 would it be best to just pay deposit or would it be good idea to pay it off in a oner?
Shona I Reid
Douglas S Smart
CommentAuthorStinky87
Depends on your financial situation, how far away the wedding is etc. if you do ensure your insurance is covering you as you could potentially lose alot of money say if the company went bust for instance
CommentAuthorminnie11061990
thanks, its not for a long time yet but i just want to start planning a head and see what the best way is. x
Shona I Reid
Douglas S Smart
CommentAuthorElle23
It depends if you have an account with the money in or if like us, you have a cash pot If it is in your account, people have previously said, leave it there, just pay the deposits and then the interest on the money will be yours rather than the venue/suppliers gaining intrest x
To be wed on our 10 year anniversary! 23.08.2013
CommentAuthorMrsSaraParry!
we've been saving every month and just paid deposits on everything for the same reasons elle23 said - you may as well be earning the interest on your cash while you're waiting for the payment deadlines. None of our stuff actually needs paying off until 2 weeks before the wedding but I've started paying things off in the last couple of weeks, just so that I don't have to panic about doing it much nearer the day. That's worked for us, but it really does depend wholly on your financial situation xxx
I know what you mean,part of me would like to pay for everything upfront so i know its all paid for and i am not worrying about forgetting etc.It does make sense though to be earning the interest on your savings whilst you can and if your venue went bust you would stand to lose a lot of money if you had already paid in full xxx
CommentAuthorlinzmum
we have paid all the deposits then paying the balances as soon as we get them (one at a time) that way we know how much is left at the end. the only thing we aren't paying til the due date is the food as the guests are each contributing to this
Soon to be joined together as the Wheeler family, can't wait
Doing thing our way xxxx
CommentAuthormadhen
Personally I hate being in debt so will try to pay off everything asap, but Stinky's point about the insurance is a good one, make sure you're covered.
CommentAuthorHa_x3
If you can afford to then I would definatly say pay it off but as it makes it much easier and less stressful.. But if you can't afford to then pay bits off weekly, that's what I done :) xx
Mrs Lunn
08/05/12 was the best day of my life
& I love my husband with all my heart xxxx
CommentAuthorBanks
I agree with the ladies, if you have the money pay it off when you can. Less to worry about closer to the day or if you have a bad month with money. I am buying things as I go and will hopefully have the main things paid off by the end of the year so we can start next year with no big bills. : ) xx
CommentAuthorMrsMarr2B
We have been clearing invoices one at a time so the only thing we have left to pay close to the wedding is the venue. It just worries me that we are spending a lot of money and not seeing anything for it. We just have to hope that everything we are paying for actually arrives on the day. But i suppose thats what insurance is for lol xx
Mrs Marr 2 b!!! Can't blooming wait!!
10-11-12 can't come quick enough :)
CommentAuthorBrideInTraining
i agree with everyone if youve got it then do it providing you have good insurance cover etc xx
CommentAuthorRaggedyAnne
Mine is sitting in my ISA waiting to pay the bills at the last minute.....it might as well be earning me some interest as make them some.
I can resist anything but temptation
CommentAuthor~feebee~
I'm paying at the last minute, I only pay deposits to secure things and the rest of the money is in my bank. I had to pay the honeymoon off at the end if last month so I did that just a few days before the deadline to ensure the money was transferred and cleared ok in time. I wouldn't give people all your money until you have to.