We Went $32,000 Over Budget For Our Wedding!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 23 November 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode features Jade Warshaw & Ken Coleman. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.3	Kendra, how can we help?
0:09.9	Hi, how are you? Good, Kendra. What's going on?
0:14.4	I just got married about a month ago.
0:17.2	Oh, that's exciting. Way to go.
0:20.5	Thank you. We combined all of our finances and we had a plan to
0:26.4	pay for the wedding and that plan did not go accordingly. So we ended up going into a bit of debt
0:33.5	on top of some pre-existing debt. So now we're just kind of looking for advice as newlyweds to start it off right and get out
0:41.4	of this.
0:41.9	What happened?
0:44.5	We were living with family, so we were able to set the money aside.
0:49.1	We weren't really paying rent, and that plan faded, and we ended up moving out and getting into a house which is
0:57.1	in Denver the rent is skyrocketing. Wait y'all went y'all up and bought a house?
1:04.1	We actually rent a house. Oh rent a house. Okay. Okay. Yeah. So how much? That kind of took our
1:10.6	wedding budget away somewhat but we weren't really willing to compromise on the wedding, which was not a good financial decision by any means.
1:19.9	Oh, so we went into debt.
1:22.2	Oh, how much money did you take a loan out for this wedding?
1:27.1	We took about $32,000.
1:29.2	Well, $32,000 for a wedding?
1:35.9	Yeah.
1:36.6	Please tell me it's not on like credit cards.
1:38.8	How did you pay for it?
	...

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