F-News Example
Financial Literacy
Mr. Potter
How much people are spending!
Average Wedding costs nationally
2022 - $30,000
2023 - $29,000
2024 - 33,000
Rhode Island the highest at $49,000
South Dakota the lowest at $15,000
Why do weddings keep getting more expensive?
Trend towards over the top Weddings.
Inflation and high demand.
According to Forbes, the most expensive wedding costs in 2024 are:
Is it normal to go into debt for a wedding?
According to a 2024 study by U.S. News, 56% of couples polled “went into debt to pay for their wedding.”
Out of the percentage of those who went into wedding debt:
Additionally, 31% of those polled said they “regret how much they spent on their wedding.”
In 2024, weddings cost more than ever — and some couples are asking guests to pay
As wedding costs trend upward, some couples are now charging guests to attend to offset their sky-rocketing wedding expenses — and wedding debt.
One New York couple charged their guests $333 each to pay for their $70,000 wedding.
the couple “charged guests to enter their wedding as if it were a ticketed event.” The $333 fee gives guests “a seat on a double-decker tour bus and entry to the 12-hour event, which included stops at sentimental landmarks around New York City.”
A Houston couple claimed they’d charge guests $450 each to attend their $200,000 wedding. The groom said that the hefty fee helped cover “the cost of a cake, a deposit for the venue, the wedding dress, a DJ, and a photographer.”