I Spent Over $30K On My Wedding, And Now I Regret It
The Financial Diet
TFD
4.3 • 548 Ratings
🗓️ 3 June 2024
⏱️ 61 minutes
🧾️ Download transcript
Summary
As part of our wedding miniseries, Chelsea sits down with a former Bay Area bride who spent way more than she wanted to on her wedding, and has advice for any future brides planning their own celebration.
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Transcript
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| 0:00.0 | Hey, my name is Chelsea Fagan, and I'm the founder and CEO of the Financial Diet, a totally independently owned and operated company of women who love to talk about money. |
| 0:14.0 | Welcome to the Financial Confessions, a weekly show where we talk to people about their personal finances, their professional industry, and how money shapes their lives. |
| 0:22.3 | You can listen to or watch new episodes of the financial confessions every week on YouTube |
| 0:26.3 | or your preferred streaming platform. |
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| 0:39.9 | Our 2024 goal is to be primarily supported by our incredible community, and joining our membership |
| 0:44.9 | program is the best way to do that. Enjoy the episode. |
| 0:51.1 | Hello, everyone, and welcome back to the Financial confessions for the second installment of our current little ongoing series all about the wedding industrial complex. |
| 1:03.0 | For many of us, it is wedding season and for many of us it also might just be the wedding season of our lives, where not only having potentially our own wedding, |
| 1:11.5 | but attending other people's weddings has a very serious impact on our budget. |
| 1:16.3 | Last week, we spoke with a woman who went into five figures of credit card debt to |
| 1:21.5 | attend weddings and to be a bridesmaid. |
| 1:23.8 | We'll link you in the description to that if you haven't watched it yet. |
| 1:26.7 | But I also wanted to speak to someone who has been on the bridal side of navigating this objectively financially chaotic time in our lives. |
| 1:36.0 | One thing that cannot be overstated when it comes to wedding culture is just how much all of this stuff, from the outfits you wear to the destinations you plan, |
| 1:46.0 | to the elaborate bridal parties, to the photo booths, to the cake, are very much targeted |
| 1:51.0 | at women. |
| 1:52.2 | Especially in heterosexual couples, it is usually the woman who is by far receiving the vast |
| 1:58.0 | majority of the marketing and the messaging, both explicit and implicit, |
| 2:02.7 | that this is the most important day of her life. Combine that with family and social pressure, |
| 2:08.6 | as well as the fact that now most of this is playing out on social media, where it used to just |
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