Home or Wedding? Couples Choose the House.

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I believe this couple should have had more discussions regarding finances and their long range plans. I agree they should have budgeting reasonably for their wedding coming in less than 20K and the difference could have went towards the house after they were married. As a financial educator, it makes me question why did they only put the house in her name and not both of theirs?
Are there some financial issues that her fiance have ? A house is a big investment and it should be the responsibility of both husband and wife. Right now if they break up it would be a nightmare.
My advice to couples is stay focused, have the hard financial talks and keep things in order and get creative when it comes to your wedding and not incurring debt, so that you and your spouse can purchase an affordable home.
Dr. Taffy Wagner, CEPF
http://www.moneytalkmatters.com

Dr. Taffy Wagner of CO 12:54AM August 16, 2010

NEVER, EVER purchase a home until you are actually married. The ramifications of selling if you break up are horrible. Have a cheap wedding, buy the house, then have the reception.

Jeff of TX 2:52PM August 11, 2010

where they are coming from, even a wedding needs to be on a budget these days. I see no reason whatsoever to pay 20k on a wedding. Our wedding was no more than 8k total! With places like CMP Fashion Outlet out there, there's no need to spend a fortune!

Andrea of TX 4:01PM August 10, 2010