"When and How to Pay for Wedding Expenses? A Comparison of Payment Methods and Their Pros and Cons"

2019.07.22 published

How are you going to handle the [payments] for the wedding?

Have you decided [when and how] to pay for the wedding? Weddings can cost millions of yen. When and how do you pay for that...!

The payment methods for wedding expenses can be determined by the venue, but there are also options where you can choose how to pay. This time, we will introduce the pros and cons of various payment methods ◎

@mochan_40

Wedding Venue Payment Issue 1: Advance Payment [Bank Transfer/Credit Card]

This method involves making an advance payment via bank transfer for the expenses incurred at the wedding venue. Since you pay before the wedding, you can avoid the hassle of settling payments on the day of the event ◎ It’s nice to not have to worry about payments on the wedding day and enjoy the day with a happy heart ♡

However, there can be sudden additional costs on the day, so it's a good idea to have some extra cash on hand just in case＊

A disadvantage of paying wedding expenses in advance is that you need the full amount upfront. Since you will be making payments before receiving any wedding gifts, it’s important to prepare your finances with a plan ◎

If the wedding venue accepts credit card payments, it's recommended to use a credit card＊ You can earn points, so use a card with a high interest rate ◎ If the payment date falls after the wedding, it may reduce your financial worries ♡

Wedding Venue Payment Issue 2: Payment on the Day [Cash/Credit Card]

This method involves making payments on the day of the wedding. You can combine the gifts received on the day with your payment ◎ Unlike advance payments, you can settle everything on the day in one go, which simplifies the financial transaction ♡

@ru.023411

The disadvantage is that immediately after the wedding, you have to deal with payment discussions, which can abruptly bring you back to reality. It might be a bit hard for brides who want to continue basking in the happiness of the wedding ♡

@chee__wd

Wedding Venue Payment Issue 3: Bridal Loan

For those who want to have a wedding but don’t have the funds, and who do not wish to rely on parental support... or for those wishing to allocate savings to their new life, considering a bridal loan may be an option.

Bridal loans typically have lower interest rates compared to regular loans＊ They can sometimes be used for honeymoon expenses or rings as well ◎

@nagisa_marry

The disadvantage is that a bridal loan is a type of [debt]. This means that the couple's new life starts with a financial burden. If you still want to invest in a once-in-a-lifetime wedding, how about considering a bridal loan?

@haruno45

It’s important to think about your [payment methods] in advance＊

Have you decided on how to pay for the wedding? Finding out unexpected facts like “I thought I could pay by card, but I couldn't!” or “I thought I could settle on the day, but only advance payment was allowed!” can lead to panic…!

It's advisable to check with the wedding venue in advance about what payment methods are available and discuss it with your partner ◎ To avoid any disputes over money at the last minute, it’s recommended to think about these things beforehand＊

➡ It's convenient to manage couple's finances with the app "OsidOri" ♡

➡ It's important to consider financial matters from the start of your marriage. Get a free household budget diagnosis by a financial planner.