Ringing Ceders

A couple on the Dr. Phil show argued over the amount that would be spent on their wedding. The husband-to-be wanted an elaborate Wedding Ring Etiquette which would cost well over $10,000. The bride refused, wanting a much more modest celebration. I don’t remember anything being said about the income the couple had or what financial help, if any, would come from parents. However, the final analysis by Dr. Phil was the couple should plan on spending at least $3,000. I sat in shock as I agreed with the woman: The money could be used toward a down payment on a house, a saving account for emergencies, or other needs for setting up house. Many couples now-a-days are going into debt to have expensive weddings, starting out on the negative side of a balance…