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How to get married without getting into debt - courtesy of youbuymywedding |
How to get married without getting into debt - courtesy of youbuymywedding |
| Written by Elisabeth Quant | |
| Thursday, 29 May 2008 | |
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As the credit crunch continues, thoughts of Summer nuptials this year could well be on the wane - if it weren´t for the ingenuity of youbuyMYWEDDING.com (http//www.youbuymywedding.com) which helps happy couples to beat the banks by asking their guests to share the costs of the big day and avoid starting married life in debt.
With recent research showing that more than one-third of engaged couples in the UK (35%) are having to scrimp in order to afford marriage costs, while ten percent are putting off wedding plans altogether, sharing the burden could be the ideal way to beat the budget blues. youbuyMYWEDDING.com´s concept is to ask the guests to pay for the wedding by making financial pledges online in advance of the big day. Every aspect of the wedding - from flowers and rings to reception drinks and even the dress - is included on a couple´s personalised wedding page, where can add a donation instead of buying yet another toaster. Founder, Liz Quant says "Of the 250,000 weddings which take place in England and Wales each year, 41% of couples will use credit cards and 15% will take out a loan to cover the costs of their special day. In real terms this means that over half of all couples are likely to start married life in debt. youbuyMYWEDDING.com believes that a wedding day should be a happy memory and not one that appears on a statement for months or years to come as an ongoing debt". |
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