It's no secret that weddings can be expensive. It's even more true when you do a traditional wedding, complete with dowries, traditional performances, and all the (wedding) bells and whistles. Having more than one reception can be very draining to the wallet as well.
Because of all the expenses needed for the celebration, it's not surprising that couples tend to take out loans just to finance the wedding of their dreams. Of course, it’s not uncommon for family members to also contribute to the expenses, lessening the financial burden for the marrying couple.
But how much does it cost to hold a wedding in Malaysia? From wedding gowns to reception catering to wedding bands and engagement rings, there are so many expenses to be taken into consideration for the planning and execution of the wedding. The food and invitations will depend on how many people you invite, and most people consider inviting extended family from both the bride and the groom’s families. There are also wedding favors to consider giving out as a sign of gratitude to the attendees.
CompareHero has compiled a list of the expenses related to weddings, and how much people usually spend on them. We also took into consideration how much a honeymoon would cost, and added it to the total spending for a wedding.
There are, of course, items on the list that you can find cheaper, or DIY so you save more money. With proper planning and budgeting, you can definitely afford to have an inexpensive wedding celebration.
Should you get a personal loan to finance your wedding? Tell us in the comments.