Paying for Your Perfect Wedding

You’ve spent a lot of time fretting over flowers, colors, guest lists, catering, and other details of your perfect wedding. But how are you going to pay for it? Texas Bay offers you the following suggestions:

1.???Use your savings first. If you don’t have one and have some time, open a savings account dedicated to wedding expenses and set up a direct deposit or automated ACH to fund it. Whenever you have a little extra cash, put it here.

2.???Another deposit account that can help is a short-term Certificate of Deposit (CD). These offer higher rates than your savings account and can be opened with as little as $100 at Texas Bay.

3.???Ask for help. Quite often, parents or other relatives are willing to help with some of the expenses. Ask someone to purchase your cake or cover the entertainment. If you’re not a young couple and have all the kitchen and bath gadgets you need, consider asking for cash instead of gifts.

4.???Get a temporary, part-time job. This can give you extra cash that you can tuck into your wedding savings account.

5.???Take out a personal loan. Personal loans are typically lower in interest rates than credit cards and with a variety of terms, you can find something that fits your budget after the wedding.

6.???Credit cards. We list these last, as they typically have higher rates than personal loans. However, if you find one with a 0% interest special offer that you can pay off in time to avoid interest, it’s a good deal. AND, if you get one with rewards – these can help with covering various expenses on your honeymoon.

Texas Bay can help you with your wedding finances. Visit us for a Financial Wellness Check to review your current financial situation, discuss your wedding plans and budget, and get solid advice, products, and services to help you pay for your dream wedding and honeymoon.

Visit www.TexasBayCU.org to make an appointment with one of our knowledgeable Financial Service Representatives at a branch near you.?