Weddings and wedding-related businesses are really huge money making generators. People continue to get married even if the economy is weak. After all, life goes on. There is a bridal fair in Kuala Lumpur next month and I got to know that they allow bridal couples to install their weddings for six months up to twelve months.
I think that with this option, bridal couples tend to be more extravagant with their weddings even though they are not able to afford it. Obviously, this outstanding cost will be paid for with a credit card which means that this new couple will be starting their married life with debt.
It makes me wonder what in life is more important. Is it a grand wedding that could not be paid for or a more financially secured married life? What is more damning is that the credit card institutions that offer such wedding packages on credit will throw in some perks which make the deal seem worthy but in actual fact, may turn out to be more expensive than paying cash for it!
I think that with this option, bridal couples tend to be more extravagant with their weddings even though they are not able to afford it. Obviously, this outstanding cost will be paid for with a credit card which means that this new couple will be starting their married life with debt.
It makes me wonder what in life is more important. Is it a grand wedding that could not be paid for or a more financially secured married life? What is more damning is that the credit card institutions that offer such wedding packages on credit will throw in some perks which make the deal seem worthy but in actual fact, may turn out to be more expensive than paying cash for it!
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