Matt and I have spent the last year or so saving for our wedding. We’ve deposited our bonuses and tax returns, socked away our “extra” paychecks, and saved all cash gifts for the last 14 months. Now the wedding is about six weeks away, and we’re tapping into our coffers to pay for the associated expenses.
Every time I have to transfer money from my savings account to pay a wedding-related bill, my heart breaks a bit.
And yet this is exactly what we’ve been saving for.
I have rejoiced in seeing the balances of our savings accounts go up, up, up. The next time I log onto my ING savings account, the numbers won’t fill me with joy - instead they’ll be a reminder of the trade-offs I’ve been willing to make to have a certain kind of wedding.
I hope that when this is all over, I’ll look back on the photographs (the very expensive photographs) and think to myself ‘it was all worth it.’ My mind is still reconciling the fact that we’ve basically made a choice between having a great party with of our friends and family vs. having a new deck and fridge.
I can talk myself into an appliance or pair of shoes that’s a good value, but I’m having a more difficult time with the wedding and honeymoon. For those of you who have gone from spendthrift to frugal (or have always been the saving type), how do you decide when it’s ok to spend your savings on an experience?Stumble it!